Number
050250
Version
ORIGINAL
Reference
Sponsor
ALD. MCGEE
Title
Resolution declaring surplus the improved, tax-deed property at 1322 West Groeling Avenue and authorizing acceptance of an unsolicited Offer to Purchase from Mr. Jerry Gainer, in the 6th Aldermanic District. (DCD)
Analysis
This resolution declares said property surplus to municipal needs and authorizes acceptance of an unsolicited Offer to Purchase according to Section 304-49-17, Milwaukee Code of Ordinances.
Body
Whereas, The Department of City Development (“DCD”) recommended that the improved, tax-deed property at 1322 West Groeling Avenue be demolished, but subsequently received an unsolicited Offer to Purchase in the amount of $3,350 from Jerry Gainer to rehabilitate said property for investment purposes; and
Whereas, Section 304-49-17, Milwaukee Code of Ordinances, allows the City of Milwaukee (“City”) to accept unsolicited Offers and convey property to a designated entity for adequate fair market consideration; and
Whereas, Said property requires significant rehabilitation, but Mr. Gainer has submitted an acceptable scope of work and evidence of adequate resources to complete the proposed rehabilitation; and
Whereas, DCD has reviewed the submitted documents, has reviewed the offering price and believes the price represents fair market value of the property in its “as is, where is” condition and recommends acceptance of said Offer; and
Whereas, The City Plan Commission has determined that the property is surplus to municipal needs; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the property at 1322 West Groeling Avenue, Tax Key No. 311-1007-000-7, is declared surplus to municipal needs and that the Commissioner of DCD or designee is authorized to accept said unsolicited Offer to Purchase from Jerry Gainer in the amount of $3,350; and, be it
Further Resolved, That the proper City officials are authorized and direct...
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