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File #: 990524    Version: 0
Type: Resolution Status: Passed
File created: 7/13/1999 In control: PUBLIC WORKS COMMITTEE
On agenda: Final action: 7/29/1999
Effective date:    
Title: Resolution accepting the donation of the vacant lot located at 2642-44 North 21st Street, in the 7th Aldermanic District. (DCD-Real Estate)
Sponsors: THE CHAIR
Indexes: CITY PROPERTY, GIFTS
NUMB:
990524
VERS:
ORIGINAL
REF:
 
XXBY:
THE CHAIR
TITL:
Resolution accepting the donation of the vacant lot located at 2642-44 North 21st Street, in the 7th Aldermanic District. (DCD-Real Estate)
ANLS:
- Analysis -
 
This resolution accepts the donation of a vacant lot.
BODY:
Whereas, Bankers Trust Company, Trustee of Amresco Residential Security Corporation Mortgage Loan Trust 1966-5, wishes to donate to the City of Milwaukee by Warranty Deed, free and clear of any and all encumbrances, the vacant lot located at 2642-44 North 21st Street, Tax Roll Key No. 325-0614-4; and
 
Whereas, The Department of City Development recommends acceptance of this donation because when assembled with other City-owned vacant lots, it represents opportunity for future in-fill housing; and
 
Whereas, The City Plan Commission has approved the donation of said vacant lot; now, therefore, be it
 
Resolved, By the Common Council of the City of Milwaukee that the donation of the subject vacant lot is accepted, provided that the donor delivers clear title, free of any and all liens, encumbrances, taxes, charges or any other assessments affecting title, and further provided that environmental contamination is not known or suspected to exist on or under said property.
ZDPT:
 
DFTR:
DCD-Real Estate
SS:jvg
07/13/99/E