City of Milwaukee - File #: 150038

• File #: 150038
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 4/21/2015
• In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
• Final action: 5/12/2015
• Title: Resolution accepting an unsolicited offer to purchase from Ulysses J. Brown to purchase 2106-08 North 42nd Street for rental purposes, in the 15th Aldermanic District.
• Sponsors: Russell Stamper
• Indexes: CITY PROPERTY, PROPERTY SALES

Date	Ver.	Action By	Action	Result	Tally
5/21/2015	0	MAYOR	SIGNED
5/12/2015	0	COMMON COUNCIL	ADOPTED	Pass	12:0
5/5/2015	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Indvidual appearing: Karen Taylor, Department of City Development	Pass	5:0
4/29/2015	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
4/21/2015	0	COMMON COUNCIL	ASSIGNED TO

Number
150038
Version
ORIGINAL
Reference

Sponsor
ALD. STAMPER
Title
Resolution accepting an unsolicited offer to purchase from Ulysses J. Brown to purchase 2106-08 North 42nd Street for rental purposes, in the 15th 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 2106-08 North 42nd Street due to delinquent property taxes; and

Whereas, The Department of City Development (“DCD”) recommended that the property be marketed for sale; and

Whereas, Ulysses J. Brown submitted an unsolicited offer to purchase the property to rehabilitate it for rental purposes; and

Whereas, Said property is neighboring Mr. Brown’s current residence and it has been a neighborhood nuisance; and

Whereas, Mr. Brown desires to maintain control of said property; and

Whereas, Mr. Brown plans to rehabilitate the property, as summarized in a Land Disposition Report and a copy of which is attached to this Common Council File, and then rent the property to qualified tenants; 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 Ulysses J. Brown for the property at 2106-08 North 42nd 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...