Number
141867
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution accepting an unsolicited offer to purchase from Omri Ruben Deida to purchase 1234 South 17th Street for owner-occupancy, in the 12th Aldermanic District.
Analysis
This resolution authorizes the sale of City-owned Neighborhood Property according to the conditions in a Land Disposition Report pursuant to Section 304-49-7, Milwaukee Code of Ordinances.
Body
Whereas, The City of Milwaukee (“City”) foreclosed on the property at 1234 South 17th Street due to delinquent property taxes; and
Whereas, The Department of City Development (“DCD”) recommended that the property be marketed for sale; and
Whereas, Omri Ruben Deida has submitted an unsolicited offer to purchase the property to rehabilitate it for use as his homestead; and
Whereas, Said property and Mr. Deida’s current residence share a common water line and Mr. Deida desires to maintain control of the water line; and
Whereas, Mr. Deida plans to rehabilitate the property and then occupy it as summarized in a Land Disposition Report, a copy of which is attached to this Common Council File; and
Whereas, Section 304-49-7 of the Milwaukee Code of Ordinances allows the City to accept unsolicited offers to purchase property when the City receives fair compensation, whether monetary or non-monetary; and
Whereas, DCD has reviewed the offer and the rehabilitation proposal and has determined that the proposal represents fair compensation to the City in terms of investment in the neighborhood; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the unsolicited offer to purchase submitted by Omri Ruben Deida for the property at 1234 South 17th Street is accepted; and, be it
Further Resolved, That the Commissioner of DCD, or designee, is authorized to close the transaction according to the terms of the Land Disposition Report; and, be it
Further Resolved, That the Commissioner of DCD, or designee, is...
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