Number
161556
Version
SUBSTITUTE 1
Sponsor
ALD. BOHL, COGGS, RAINEY, JOHNSON, STAMPER, HAMILTON AND LEWIS
Title
A substitute ordinance relating to the bid procedure for city sale of neighborhood property.
Sections
304-49-4-b rc
Analysis
This ordinance amends the bid procedure for the sale of neighborhood property by the city so residents and owners in close proximity may assign their rights to purchase the property.
Body
Whereas, This ordinance is intended to encourage the fostering of community and neighborly relationships by allowing a resident or property owner in close proximity to a city-owned home to assign the resident’s or owner’s right to submit an offer to purchase under s. 304-49-4-b to a person that the resident or owner believes is interested in buying in the neighborhood; now, therefore
The Mayor and Common Council of the City of Milwaukee do ordain as follows:
Part 1. Section 304-49-4-b of the code is repealed and recreated to read:
304-49. Disposal of City Real Estate.
4. CITY SALE OF NEIGHBORHOOD PROPERTY.
b. If the department chooses to solicit bids for a neighborhood property, classified as habitable property, any resident and property owner within the circular area having a radius of 500 feet, centered on the property to be sold, or an assignee of the resident or property owner, shall be given first consideration with respect to the purchase of the property, if the interested party submitting the offer to purchase the property intends to occupy the property as the owner’s primary residence. If the resident or property owner, or an assignee of the resident or property owner, is interested in purchasing the property, the interested party shall submit an offer to purchase by 10:00 a.m. on the 30th day after the date of notification of the property being available for sale, as established by the city clerk in consultation with the department. If the 30th day falls on a weekend or holiday, the deadline for submitting an offer shall be the next business day.
b-1. Assignment shall be limited to a person who the resident or property owner reasonably believes is interested in buying in the neighborhood. The assignor shall identify the assignee to the department in writing. No resident or property owner may charge any fee for assignment.
b-2. Any person submitting an offer shall be able to demonstrate compliance with subs. 9 and 2-b-1 and that the person will satisfy the owner-occupancy requirement, unless that requirement was removed through direction of the local council member under sub. 3.
LRB
APPROVED AS TO FORM
____________________________
Legislative Reference Bureau
Date: ______________________
Attorney
IT IS OUR OPINION THAT THE ORDINANCE
IS LEGAL AND ENFORCEABLE
____________________________
Office of the City Attorney
Date: ______________________
Requestor
Drafter
LRB167743-4
Teodros W. Medhin
3/282017