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File #: 020269    Version: 0
Type: Resolution Status: Passed
File created: 6/4/2002 In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
On agenda: Final action: 6/25/2002
Effective date:    
Title: Resolution declaring the vacant, tax-deed lot at 4332 South Howell Avenue surplus and accepting an unsolicited Offer to Purchase from Abdul Hamdan for new residential construction, in the 13th Aldermanic District. (DCD-Real Estate)
Sponsors: ALD. PAWLINSKI
Indexes: PROPERTY SALES, SURPLUS PROPERTY
Attachments: 1. Fiscal Note.pdf, 2. Plat Map.PDF, 3. CPC Letter.pdf
Number
020269
Version
ORIGINAL
Reference
 
Sponsor
ALD. PAWLINSKI
Title
Resolution declaring the vacant, tax-deed lot at 4332 South Howell Avenue surplus and accepting an unsolicited Offer to Purchase from Abdul Hamdan for new residential construction, in the 13th Aldermanic District. (DCD-Real Estate)
Analysis
This resolution will result in the sale of a vacant, tax-deed lot for new residential construction.
Body
Whereas, Abdul Hamdan has submitted an unsolicited Offer to Purchase the vacant, tax-deed lot at 4332 South Howell Avenue, Tax Key No. 594-0476-3, in the amount of $15,000 for construction of an owner-occupied single-family home; and
 
Whereas, The Department of City Development ("DCD") recommends acceptance of said Offer contingent upon site and building plan approval by DCD's Planning Division, a financial commitment in place to complete the construction as proposed and construction shall be completed within 12 months from the date of adoption of this resolution; and
 
Whereas, DCD recommends sale in an "as is" condition without representations or warranties including but not limited to soil quality and subsurface condition; and
 
Whereas, The City Plan Commission has determined that said lot is surplus to municipal needs; now, therefore, be it
 
Resolved, By the Common Council of the City of Milwaukee that said lot is declared surplus; and, be it
 
Further Resolved, That said Offer to Purchase is accepted and that the proper City officials are authorized and directed to perform such acts as necessary to carry out the intent of this resolution with the proceeds from the sale, less a 15 percent development fee to the Redevelopment Authority of the City of Milwaukee, credited to the Reserve For Tax Deficit Fund Account No. 0001-334106.
Drafter
DCD-Real Estate
SS:ss
06/04/02/D