City of Milwaukee - File #: 150918

• File #: 150918
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 10/13/2015
• In control: COMMON COUNCIL
• Final action: 11/2/2015
• Title: Substitute resolution authorizing the sale of the City-owned property located at 5877 North 80th Street to its former owners, Rodney J. Fischer and Jean M. Fischer, in the 2nd Aldermanic District.
• Sponsors: ALD. DAVIS

Date	Ver.	Action By	Action	Result	Tally
11/11/2015	1	MAYOR	SIGNED
11/2/2015	1	COMMON COUNCIL	ADOPTED	Pass	15:0
10/27/2015	1	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Individuals appearing: Karon Taylor, Department of City Development Ald. Joe Davis, 2nd Aldermanic District	Pass	4:0
10/21/2015	1	CITY CLERK	DRAFT SUBMITTED
10/20/2015	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
10/20/2015	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
10/13/2015	0	COMMON COUNCIL	ASSIGNED TO

Number
150918
Version
SUBSTITUTE 1
Reference

Sponsor
ALD. DAVIS
Title
Substitute resolution authorizing the sale of the City-owned property located at 5877 North 80th Street to its former owners, Rodney J. Fischer and Jean M. Fischer, in the 2nd Aldermanic District.
Analysis
This substitute resolution authorizes the sale of the City-owned property at 5877 North 80th Street, under conditions imposed by Section 304-50, Milwaukee Code of Ordinances.
Body
Whereas, The property located at 5877 North 80th Street, Tax Key No. 176-0472-000-1, previously owned by Rodney J. Fischer and Jean M. Fischer, had delinquent taxes for 2013-2014 and was foreclosed upon pursuant to Section 75.521, Wisconsin Statutes, and a fee simple absolute was obtained in favor of the City of Milwaukee (“City”) dated July 13, 2015; and

Whereas, Rodney J. Fischer and Jean M. Fischer desire to reclaim this property by paying all City and County real estate taxes for 2013-2014, plus accrued interest and penalties to date of payment, and all costs as sustained by the City in the foreclosure and management of the property since July 13, 2015; and

Whereas, Section 304-49-4 of the Milwaukee Code of Ordinances (“Code”) requires Common Council approval of neighborhood property sales and for the City to consider monetary as well as nonmonetary consideration in establishing the purchase price; and

Whereas, The Common Council may authorize a sale to a party who violates the general buyer policies set forth in Section 304-49-9 of the Code, which prevents sale of City-owned real estate to a party that owned property acquired by the City through tax foreclosure in the previous 5-year period; and

Whereas, Section 304-49-9 of the Code allows the Common Council to override the buyer policies and to approve sales to former owners; and

Whereas, Rodney J. Fischer and Jean M. Fischer have agreed to execute an Offer to Purchase with the City where the property will be reconveyed for payment of all outs...