City of Milwaukee - File #: 171720

• File #: 171720
• Version: 1
• Type: Resolution
• Status: Placed On File
• File created: 2/27/2018
• In control: COMMON COUNCIL
• Final action: 4/17/2018
• Title: Substitute resolution authorizing the return of real estate located at 5769 N. Teutonia Avenue, in the 1st Aldermanic District to its former owner Joseph F. Alaka (Application made by USA Capital Fund LLC).
• Sponsors: THE CHAIR
• Indexes: FORECLOSURES, PROPERTY TAXES

Date	Ver.	Action By	Action	Result	Tally
4/17/2018	1	COMMON COUNCIL	PLACED ON FILE	Pass	14:0
4/9/2018	1	JUDICIARY & LEGISLATION COMMITTEE	RECOMMENDED FOR PLACING ON FILE; Minutes note: Based on second scheduled of this item and not having the interested party show before committee, Ald. Witkowski moved placed on file.	Pass	4:0
4/2/2018	1	JUDICIARY & LEGISLATION COMMITTEE	HEARING NOTICES SENT
3/19/2018	1	JUDICIARY & LEGISLATION COMMITTEE	HELD TO CALL OF THE CHAIR; Minutes note: NO SHOW	Pass	5:0
3/1/2018	1	JUDICIARY & LEGISLATION COMMITTEE	HEARING NOTICES SENT
2/28/2018	1	CITY CLERK	DRAFT SUBMITTED
2/27/2018	0	COMMON COUNCIL	ASSIGNED TO

Number
171720
Version
SUBSTITUTE 1
Sponsor
THE CHAIR
Title
Substitute resolution authorizing the return of real estate located at 5769 N. Teutonia Avenue, in the 1st Aldermanic District to its former owner Joseph F. Alaka (Application made by USA Capital Fund 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 5769 N. Teutonia Avenue, previously owned by Joseph F. Alaka (Application made by USA Capital Fund LLC), has delinquent taxes for 2014-2017 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 171720; and

Whereas, Joseph F. Alaka (Application made by USA Capital Fund 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, Joseph F. Alaka (Application made by USA Capital Fund 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 5769 N. Teutonia Avenue, 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....