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File #: 020733    Version: 0
Type: Resolution Status: Passed
File created: 9/4/2002 In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
On agenda: Final action: 9/24/2002
Effective date:    
Title: Resolution declaring a vacant, tax-deed lot located at 3945 North 81st Street surplus and accepting an unsolicited Offer to Purchase from the adjoining owners for use as green space, in the 5th Aldermanic District. (DCD-Real Estate)
Sponsors: ALD. BOHL
Indexes: GREEN SPACE, PROPERTY SALES, SURPLUS PROPERTY
Attachments: 1. Fiscal Note.pdf, 2. Plat Map.PDF, 3. CPC letter.pdf
Number
020733
Version
ORIGINAL
Reference
 
Sponsor
ALD. BOHL
Title
Resolution declaring a vacant, tax-deed lot located at 3945 North 81st Street surplus and accepting an unsolicited Offer to Purchase from the adjoining owners for use as green space, in the 5th Aldermanic District. (DCD-Real Estate)
Analysis
This resolution will result in the sale of a vacant, tax-deed lot.
Body
Whereas, Brian Leon and Kari Leon, with their property located at 3941 North 81st Street, have submitted an Offer to Purchase one-half of said lot for $500; and
 
Whereas, Naomi B. Rich c/o Naomi Kenningson, with her property located at 3951 North 81st Street, also has submitted an Offer to Purchase one-half of said lot for $500; and
 
Whereas, The Department of City Development ("DCD") recommends acceptance of both Offers to Purchase with the contingency that both sales close at the same time; and
 
Whereas, Should either proposed buyer not comply with the intent of this resolution, the full lot can be sold to the complying adjoining owner for $1,000; and
 
Whereas, Said lot is being sold 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 there is no municipal need for this lot; now, therefore, be it
 
Resolved, By the Common Council of the City of Milwaukee that said lot is declared surplus, that said Offers to Purchase are 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 sales, less a 15 percent disposition cost reimbursement 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
09/04/02/C