NUMB:
990517
VERS:
ORIGINAL
REF:
XXBY:
THE CHAIR
TITL:
Resolution declaring as surplus and accepting an unsolicited Offer to Purchase the improved, tax deed property located at 3731-33 West Center Street, in the 7th Aldermanic District. (DCD-Real Estate)
ANLS:
- Analysis -
This resolution authorizes the sale of an improved, tax deed property owned by the City of Milwaukee.
BODY:
Whereas, Manjit S. Shergill, the current tenant, has offered to purchase said property for $4,050 and will become an owner-occupant; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that 3731-33 West Center Street, Tax Roll Key No. 327-1584-100-1, is declared surplus and that the Department of City Development is authorized and directed to accept the unsolicited Offer to Purchase said property from Manjit S. Shergill at a fixed price of $4,050; and, be it
Further Resolved, That the proper City officials are authorized and directed to perform such acts as may be required to consummate the sale of said property and that the proceeds be credited to the Reserve For Tax Deficit Fund Account No. 0001-334106; and, be it
Further Resolved, That as a condition of the sale of surplus property, purchaser is required to bring property into compliance with applicable building codes within the time specified by the Department of Neighborhood Services or said property may revert back to the ownership of the City of Milwaukee upon action by the Common Council.
ZDPT:
DFTR:
DCD-Real Estate
MR:jvg
07/13/99/D