City of Milwaukee - File #: 010721

• File #: 010721
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 9/25/2001
• In control: PUBLIC WORKS COMMITTEE
• Final action: 10/12/2001
• Title: Resolution declaring as surplus and authorizing the disposition of the improved, tax-deed properties located at 4439 North 27th Street and 4520 North 28th Street, in the 1st Aldermanic District. (DCD-Real Estate)
• Sponsors: THE CHAIR
• Indexes: HOUSING, PROPERTY SALES, SURPLUS PROPERTY

Date	Ver.	Action By	Action	Result	Tally
10/23/2001	0	MAYOR	SIGNED
10/12/2001	0	COMMON COUNCIL	ADOPTED	Pass	15:0
10/3/2001	0	PUBLIC WORKS COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	5:0
9/27/2001	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
9/27/2001	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
9/27/2001	0	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
9/26/2001		PUBLIC WORKS COMMITTEE	REFERRED TO
9/25/2001	0	COMMON COUNCIL	ASSIGNED TO

Number

010721

Version

ORIGINAL

Reference

Sponsor

THE CHAIR

Title

Resolution declaring as surplus and authorizing the disposition of the improved, tax-deed properties located at 4439 North 27th Street and 4520 North 28th Street, in the 1st Aldermanic District. (DCD-Real Estate)

Analysis

This resolution authorizes the sale of said properties to a nonprofit organization for affordable housing purposes.

Body

Whereas, The Neighborhood Improvement Development Corporation, a nonprofit organization, has offered to purchase said properties for $1.00 each for affordable housing purposes; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee that 4439 North 27th Street, Tax Roll Key No. 230-0667-100-4, and 4520 North 28th Street, Tax Roll Key No. 230-0619-000-6, are declared surplus and that the Department of City Development is authorized and directed to sell said properties to the Neighborhood Improvement Development Corporation at a fixed price of $1.00 each; and, be it

Further Resolved, That in the event that the buyer is unable to complete the purchase of said properties, disposition automatically reverts to sale via the open listing method without further action by the Common Council; and, be it

Further Resolved, That as a condition of the sale of surplus properties, purchaser is required to bring the properties into compliance with applicable building codes within the time specified by the Department of Neighborhood Services or said properties may revert back to the ownership of the City of Milwaukee upon action by the Common Council; 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 properties and that the proceeds be credited to the Reserve For Tax Deficit Fund Account No. 0001-334106.

Drafter

DCD-Real Estate

KT:kt

09/25/01/C