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File #: 010811    Version: 0
Type: Resolution Status: Passed
File created: 10/12/2001 In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
On agenda: Final action: 11/6/2001
Effective date:    
Title: Resolution declaring surplus and authorizing the sale of the improved, tax-deed property at 1552A West Orchard Street, in the 12th Aldermanic District. (DCD)
Sponsors: THE CHAIR
Indexes: PROPERTY SALES, SURPLUS PROPERTY
Attachments: 1. Plat Map.PDF, 2. Fiscal Note.pdf, 3. CPC Letter.pdf

Number

010811

Version

ORIGINAL

Reference

 

Sponsor

THE CHAIR

Title

Resolution declaring surplus and authorizing the sale of the improved, tax-deed property at 1552A West Orchard Street, in the 12th Aldermanic District. (DCD)

Analysis

This resolution declares said property surplus to municipal needs and authorizes acceptance of an unsolicited Offer to Purchase.

Body

Whereas, The Department of City Development ("DCD") recommended that the tax-deed property at 1552A West Orchard Street be demolished, but subsequently received an unsolicited Offer to Purchase from Augustin Vazquez in the amount of $1,000; and

 

Whereas, The property requires significant rehabilitation, but South Community Organization has agreed to provide financial assistance to Mr. Vazquez for its renovation; and

 

Whereas, Mr. Vazquez has agreed to occupy the property after the renovation; and

 

Whereas, The City Plan Commission has determined that the property is surplus to municipal needs; now, therefore, be it

 

Resolved, By the Common Council of the City of Milwaukee that the property at 1552A West Orchard Street, Tax Key No. 460-0876-000-4, is declared surplus to municipal needs and that the Commissioner of DCD or her designee is authorized to accept the unsolicited Offer to Purchase from Augustin Vazquez in the amount of $1,000; and, be it

 

Further Resolved, That closing the transaction is contingent upon receipt of an acceptable scope of work for the building's renovation and evidence of available funds from South Community Organization; 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 to the ownership of the City of Milwaukee upon action by the Common Council.

Drafter

DCD:KT:kt

10/12/01/C