Number
151791
Version
ORIGINAL
Reference
Sponsor
ALD. BAUMAN
Title
Resolution accepting the donation of a distressed, foreclosed house at 1254 North 24th Street in the Historic Lynden Hill neighborhood from US Bank NA for restoration using the Housing Infrastructure Preservation Fund, in the 4th Aldermanic District.
Analysis
This resolution authorizes acceptance of the donation of a distressed residential building for restoration by the Department of City Development prior to sale.
Body
Whereas, The bank-foreclosed house at 1254 North 24th Street is distressed and the Department of Neighborhood Services has issued multiple nuisance and code violations on this former rooming house; and
Whereas, The house is a blight on the Historic Lynden Hill neighborhood, but demolition would adversely affect the historic character of the area; and
Whereas, The property owner, US Bank NA, has offered to donate the property to the City of Milwaukee (“City”) and will provide the City with clear title to the property; and
Whereas, After donation, the Department of City Development (“DCD”) proposes to use the City's Housing Infrastructure Preservation Fund to make critical repairs to stabilize the structure and make the house marketable to an owner-occupant; and
Whereas, Prior to using such funds, DCD will consult with the local Common Council member to classify the property as a Special Consideration-Restoration Property, pursuant to Section 304-49-2.b-3-a, Milwaukee Code of Ordinances; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the City is authorized to accept donation of the property at 1254 North 24th Street from US Bank NA; and, be it
Further Resolved, That the Commissioner of DCD, or designee, is authorized to execute the Donation Agreement with US Bank NA and to accept the deed and execute other documents necessary to acquire clear title to the property; and, be it
Further Resolved, That upon concurrence of the loca...
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