City of Milwaukee - File #: 011621

• File #: 011621
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 3/5/2002
• In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
• Final action: 5/14/2002
• Effective date: 6/1/2002
• Title: A substitute ordinance relating to deeds for the sale or transfer of city real estate.
• Sponsors: ALD. MURPHY
• Indexes: CITY PROPERTY, PROPERTY SALES

Date	Ver.	Action By	Action	Result	Tally
5/31/2002	1	CITY CLERK	PUBLISHED
5/23/2002	1	MAYOR	SIGNED
5/14/2002	1	COMMON COUNCIL	PASSED	Pass	17:0
5/7/2002	1	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR PASSAGE	Pass	5:0
4/30/2002	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
4/29/2002	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
4/29/2002	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
4/29/2002	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
3/22/2002	1	CITY CLERK	DRAFT SUBMITTED
3/19/2002	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HELD TO CALL OF THE CHAIR	Pass	4:0
3/11/2002	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
3/6/2002		ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	REFERRED TO
3/5/2002	0	COMMON COUNCIL	ASSIGNED TO

Number
011621

Version
SUBSTITUTE 1

Reference

Sponsor
ALD. MURPHY

Title
A substitute ordinance relating to deeds for the sale or transfer of city real estate.

Sections
304-49-13 rn
304-49-13 cr
304-49-14 rn
304-49-15 rn

Analysis
This ordinance requires that all deeds related to the sale of surplus, city-owned property be filed within 7 business days of closing. It also requires that all deeds related to the sale or transfer of city property be filed by the department designated as the custodian of that property. This authority may only be delegated to a title insurance company, the buyer's lending institution or attorney or the city attorney, provided such delegate agrees to meet the filing requirement. Further, this ordinance clarifies that the cost of filing shall be charged to the buyer at the time of closing.

Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:

Part 1. Section 304-49-13 to 15 of the code is renumbered 304-49-14 to 16.

Part 2. Section 304-49-13 of the code is created to read:

304-49. Disposal of City Real Estate Property.

13. FILING OF DEEDS. a. All deeds conveying surplus, city-owned property pursuant to this section shall be filed within 7 business days of closing.

b. All deeds related to the sale or transfer of city property shall be filed by the department designated as the custodian of that property. This authority may only be delegated to a title insurance company, the buyer's lending institution or attorney or the city attorney, provided the delegate agrees to meet the filing requirement. The cost of filing shall be charged to the buyer at the time of closing.
LRB
APPROVED AS TO FORM


_________________________
Legislative Reference Bureau
Date:_____________________

Attorney
IT IS OUR OPINION THAT THE ORDINANCE
IS LEGAL AND ENFORCEABLE


________________________
Office of the City Attorney
Date:____________________
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