City of Milwaukee - File #: R_12868

• File #: R_12868
• Version: 0
• Type: Housing Authority Resolution
• Status: Passed
• File created: 5/4/2017
• In control: HOUSING AUTHORITY
• On agenda: 5/10/2017
• Final action: 5/10/2017
• Title: Resolution approving an offer from Merlton Gaillard to purchase the three bedroom single family tax foreclosed home located at 3420 North 1st Street for $64,000
• Sponsors: THE CHAIR

Date	Ver.	Action By	Action	Result	Tally
5/10/2017	0	HOUSING AUTHORITY	ADOPTED	Pass	6:0

Number

R_12868

Version

Original

Reference

Sponsor

The Chair

Title

Resolution approving an offer from Merlton Gaillard to purchase the three bedroom single family tax foreclosed home located at 3420 North 1^st Street for $64,000

Analysis

Body

WHEREAS, The Housing Authority of the City of Milwaukee owns and manages approximately 3,560 units of low-rent public housing under the terms of an Annual Contributions Contract with the U.S. Department of Housing and Urban Development (HUD); and

WHEREAS, the Housing Authority of the City of Milwaukee (HACM) promotes self-sufficiency and homeownership opportunities; and

WHEREAS, the property at 3420 N. 1^st St. is a 3 bedroom single-family home located in the 6th Aldermanic District.  This was a City of Milwaukee foreclosed property that was rehabbed under the Challenge Homes Program.

WHEREAS, the Secretary-Executive Director recommends that the offer from Merlton Gaillard to purchase 3420 N. 1^st St. in the amount of $64,000 be accepted; and

RESOLVED, by the Housing Authority of the City of Milwaukee that the offer from Merlton Gaillard, to purchase 3420 N. 1^st St. in the amount of $64,000 is hereby accepted; and, be it

FURTHER RESOLVED, that the Secretary-Executive Director is hereby authorized to take whatever action is necessary to complete the sale of this property.

Requestor

Drafter

Quality Assurance 4/25/17