Number
000670
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution declaring as surplus and authorizing the sale of improved, City-owned/tax-deed properties located in various aldermanic districts. (DCD)
Analysis
This resolution directs the Commissioner of the Department of City Development or designee to dispose of property in accordance with the ordinance governing the sale of surplus property.
Body
Whereas, The Commissioner of the Department of City Development recommends the sale of the following City-owned/tax-deed properties in "as is" condition via the open listing method:
PROPERTY ADDRESS, LISTING PRICE, ALDERMANIC DISTRICT
3650 North 27th Street, TK #270-0155-000-X
$10,000
10th
2743-45 North 34th Street, TK #309-0846-000-2
$14,000
7th
2313 West Brown Street, TK #350-1602-000-X
$6,000
17th
1925 West Center Street, TK #324-0919-000-5
$6,000
7th
4829 North Hopkins Street, TK #208-0599-000-8
$10,000
2nd
4406 West Medford Avenue, TK #267-0690-000-3
$20,000
10th
6127 West Park Hill Avenue, TK #405-0208-000-X
$36,000
16th
; and
Whereas, Any adjoining City-owned/tax-deed vacant lot may be sold with an improved property to enhance its disposition and by this resolution is declared surplus; and
Whereas, The City Plan Commission and the Public Improvements Committee have determined that said properties have no possible municipal use and are surplus to the City's needs and recommends sale of them to the highest acceptable offer; and
Whereas, The Zoning, Neighborhoods and Development Committee has determined that said properties should be sold via the open listing method pursuant to Section 304-49 of the Milwaukee Code of Ordinances under the following terms and conditions:
A. The Offer conforms in all respects with the sales procedure.
B. The net offer (offer less sale's commission) is greater than 75 percent of the listing price.
C. The buyer is not delinquent in the pay...
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