Number
020440
Version
ORIGINAL
Reference
Sponsor
ALD. HINES
Title
Resolution declaring the vacant, tax-deed lot at 1920 North 34th Street surplus and authorizing its sale to Celester W. Perkins and Eugenia Perkins for new residential construction, in the 17th Aldermanic District. (DCD-Real Estate)
Analysis
This resolution will result in the sale of vacant, tax-deed lot for new residential construction.
Body
Whereas, Mr. and Ms. Perkins' existing home is currently at 1930 North 36th Street, which is located in the MPS Westside Academy II project area for school expansion; and
Whereas, The Redevelopment Authority of the City of Milwaukee ("RACM") is the acting agent for Milwaukee Public Schools ("MPS") for this project area; and
Whereas, RACM, as the agent for MPS, is purchasing Mr. and Ms. Perkins' property and as part of the displacement, RACM is offering Mr. and Ms. Perkins relocation benefits; and
Whereas, Mr. and Ms. Perkins have chosen to apply their relocation benefits to new construction rather than purchase an existing home and their chosen construction site is the vacant, tax-deed lot at 1920 North 34th Street; and
Whereas, The Department of City Development ("DCD") recommends sale of said lot for $1 in an "as is" condition without representations or warranties including but not limited to soil quality and subsurface condition; and
Whereas, DCD recommends acceptance of this Offer and closure of the sale contingent upon the following:
1. Mr. and Ms. Perkins submittal of and DCD Planning Section's review and approval of final site and building plans.
2. Mr. and Ms. Perkins presentation of a firm financial commitment to complete construction as proposed.
3. Closing must occur within 90 days of resolution adoption.
4. Construction must be complete within 12 months from date of closing.
; 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 the Offer of Celester W. Perkins and Eugenia Perkins is accepted, provided however, that any part of said lot not required for new home construction, as deemed appropriate by DCD based upon the existing neighborhood context, shall be conveyed to the adjoining property owners; and, be it
Further Resolved, That the Commissioner of DCD, or assigns, is authorized and directed to perform such acts as necessary to carry out the intent of this resolution and that the proceeds from the sale be credited to the Reserve For Tax Deficit Fund Account No. 0001-334106.
Drafter
DCD-Real Estate
SS:ss
06/25/02/A