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File #: 171268    Version:
Type: Resolution Status: Placed On File
File created: 11/28/2017 In control: COMMON COUNCIL
On agenda: Final action: 12/19/2017
Effective date:    
Title: Substitute resolution authorizing the return of real estate located at 1908 N. 29th Street, in the 15th Aldermanic District, to its former owner Fifth Property Development LLC.
Sponsors: THE CHAIR
Indexes: IN REM JUDGMENTS
Attachments: 1. Application, 2. Office of the City Treasurer, 3. Dept of Neighborhood Services, 4. Dept of City Development
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
12/19/20171 COMMON COUNCIL PLACED ON FILEPass15:0 Action details Meeting details Not available
12/11/20171 JUDICIARY & LEGISLATION COMMITTEE RECOMMENDED FOR PLACING ON FILE

Minutes note: Appearing: Karen Taylor Emily McKeown Kerry Urban Atty David Halbrooks, representing Fifth Property Development LLC ACA Kail Decker Pending DNS charges $2,315.21 due prior to council 2014-2016 taxes if paid by December $10830.55 if paid by January 18, 2018 $10,955.95
Pass5:0 Action details Meeting details Not available
11/30/20171 JUDICIARY & LEGISLATION COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
11/29/20171 CITY CLERK DRAFT SUBMITTED   Action details Meeting details Not available
11/28/20170 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available

Number

171268

Version

SUBSTITUTE 1

Sponsor

THE CHAIR

Title

Substitute resolution authorizing the return of real estate located at 1908 N. 29th Street, in the 15th Aldermanic District, to its former owner Fifth Property Development LLC.

Analysis

Permits return of property owned by the City under conditions imposed by s. 304-50, Milw. Code of Ordinances

Body

Whereas, The property located at 1908 N. 29th Street, previously owned by Fifth Property Development LLC, has delinquent taxes for 2014-2016 and was foreclosed upon pursuant to Sec. 75.521, Wis. Stats., and  a fee simple absolute was obtained in favor of the City of Milwaukee dated November 20, 2017 171268; and

 

Whereas, Fifth Property Development LLC would like to reclaim said property by paying all City and County real estate taxes, plus accrued interest and penalties to date of payment, and all costs as sustained by the City in the foreclosing and management of said property since November 20, 2017; and

 

Whereas, Fifth Property Development LLC has agreed to pay all related city charges up until the point that the property is returned, as well as all charges and conditions which are detailed in the letters submitted by the Department of Neighborhood Services, Department of City Development, the Health Department and the Treasurer’s Office, as though set forth in this resolution; now, therefore, be it

 

Resolved, By the Common Council of the City of Milwaukee, that in order to return the property at 1908 N. 29th Street, a cashier's check must be submitted in the amount indicated by the City Treasurer within thirty (30) calendar days of the adoption of this resolution;  and, be it

 

Further Resolved, That the City Attorney is then authorized to enter into a stipulation with the former owner to reopen and vacate the City's judgment in Milwaukee County Circuit Court Case No 17CV-005975. Known as the 2017-4 In Rem Parcel 192, securing the court's order and recording said order with the Milwaukee County Register of Deeds; and, be it

 

Further Resolved, That if the above delinquent taxes, interest, and penalties are not paid within thirty (30) calendar days of the adoption of this resolution, this process becomes null and void.

Drafter

CC CC

Joanna Polanco

11/29/2017