Number
040332
Version
SUBSTITUTE 1
Reference
Sponsor
ALD. BAUMAN
Title
Substitute resolution conditionally approving a Land Disposition Report for the sale of a portion of the property at 950-60 North 19th Street to Timothy Pinno for construction of a carriage house style garage, in the 4th Aldermanic District. (Redevelopment Authority)
Analysis
This substitute resolution will permit the Redevelopment Authority to convey said land contingent upon its subsequent approval of an amended Land Disposition Report that reflects a change in the per square foot sale price.
Body
Whereas, Timothy Pinno purchased 1833 West State Street in 2001 and rehabilitated the house for his primary residence; and
Whereas, Timothy Pinno has offered to purchase a portion of the property at 950-60 North 19th Street to construct a carriage house style garage; and
Whereas, The remaining land area of 950-60 North 19th Street will be marketed in the near future for residential development; and
Whereas, On June 17, 2004, pursuant to Wisconsin Statutes and as a condition precedent to the sale, lease or transfer of land, the Redevelopment Authority of the City of Milwaukee held a Public Hearing to sell said portion of property for $9,000; and
Whereas, At the July 20, 2004, Zoning, Neighborhoods and Development Committee meeting, an amendment was made to sell said portion of property for $4,500; and
Whereas, The sale of said property at the amended sale price is contingent upon subsequent approval by the Redevelopment Authority; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the proposed sale of the following property is approved contingent upon the Redevelopment Authority's subsequent approval of an amended Land Disposition Report:
REDEVELOPMENT PROJECT
Blight Elimination
PARCEL ADDRESS
950-60 North 19th Street (part)
REDEVELOPER
Timothy Pinno
Drafter
DCD/Redevelopment Authority
MFH:mfh
07/23/...
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