Number
020304
Version
ORIGINAL
Reference
Sponsor
ALD. CAMERON
Title
Resolution declaring 15 vacant, tax-deed lots surplus and accepting an unsolicited proposal from Pleasant Hill Missionary Baptist Church for new residential construction, in the 10th Aldermanic District. (DCD-Real Estate)
Analysis
This resolution will result in the sale of 15 vacant, tax-deed lots for new residential construction.
Body
Whereas, Pleasant Hill Missionary Baptist Church ("PHMBC") has submitted an unsolicited proposal to purchase the following vacant, tax-deed lots for $1 each:
ADDRESS, TAX KEY NO.
3059-63 North 22nd Street, #310-0848-100-0
3067 North 22nd Street, #310-0847-9
3071 North 22nd Street, #310-0846-3
3067-69 North 24th Street, #310-0504-3
3071 North 24th Street, #310-0503-8
3007 North 24th Street, #310-0519-5
2402 West Chambers Street, #310-0520-0
2410 West Chambers Street, #310-0521-6
2420 West Chambers Street, #310-0522-1
2424 West Chambers Street, #310-0523-7
2428 West Chambers Street, #310-0524-2
2469-71 West Chambers Street, #310-0595-X
2475-77 West Chambers Street, #310-0594-4
3022 North 25th Street, #310-0565-6
3026 North 25th Street, #310-0566-1
; and
Whereas, PHMBC will assume all costs associated with site preparation and construction of 8-12 single-family and/or duplex homes for sale to owner-occupants; and
Whereas, The Department of City Development ("DCD") recommends acceptance of said proposal contingent upon closing within 90 days from acceptance of a formal Offer to Purchase, 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 lots are surplus to municipal needs; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that said lots are declared surplus; and, be it
Further Resolved, That said proposal for development 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 being credited to the Reserve For Tax Deficit Fund Account No. 0001-334106.
Drafter
DCD-Real Estate
SS:ss
06/04/02/C