NUMB:
990200
VERS:
ORIGINAL
REF:
XXBY:
THE CHAIR
TITL:
Resolution declaring as surplus the vacant, tax deed lots located at 2011-13 and 2100 North 34th Street and 2052, 2060, 2120-22 and 2138 North 35th Street and accepting an Offer to Purchase from Jameson Homes for construction of single-family, owner-occupied homes in the 17th Aldermanic District. (DCD-Real Estate)
ANLS:
- Analysis -
This resolution authorizes the sale of vacant, tax deed lots owned by the City of Milwaukee.
BODY:
Whereas, Jameson Homes has offered to purchase the vacant, tax deed lots located at 2011-13 and 2100 North 34th Street and 2052, 2060, 2120-22 and 2138 North 35th Street, Tax Roll Key Nos. 349-1526-6, 349-0312-4, 349-0285-9, 349-0288-5, 349-0383-1 and 349-0385-100-9, from the City of Milwaukee for the amount of $500 for construction of five single-family homes for sale to owner-occupants; and
Whereas, The Department of City Development recommends acceptance of said offer, contingent upon the following:
1. Approval of building and site plans by the Department of City Development.
2. Submission of a project budget and evidence of financing to complete the project as proposed.
3. The above two contingencies must be complied with within a six-month period from the date of adoption of this resolution.
4. Construction must commence no later than twelve months from the date of closing or properties will automatically revert back to the City of Milwaukee's ownership; and
Whereas, These vacant, tax deed lots are being sold in an "as is" condition; and
Whereas, The City Plan Commission has approved the acceptance of said Offer, the sale of said lots to be consummated in the manner provided for in the sale of other tax deed lots pursuant to Section 304-49 of the Milwaukee Code of Ordinances; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that said lots are declared surplus, that said Offer is accepted, and that ...
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