Number
081542Version
ORIGINAL
Reference
Sponsor
ALD. BAUMAN
Title
Resolution facilitating improvement of the former Esser Paint facility by approving the blight designation and acquisition by the Redevelopment Authority for properties at 32nd and Galena after tax foreclosure by the City of Milwaukee.
Analysis
Adoption of this resolution by at least a two-thirds vote of the Common Council of the City of Milwaukee will approve the blight designation of properties for acquisition by the Redevelopment Authority of the City of Milwaukee pursuant to Section 66.1333, Wisconsin Statutes, after In-Rem foreclosure by the City of Milwaukee.
Body
Whereas, The Redevelopment Authority of the City of Milwaukee (“Authority”) has been working with Galena Redevelopment Corporation (“GRC”), owner of the former Esser Paint facility at 1542-46 North 32nd Street, 3207 West Cherry Street and 3131 West Galena Street (“Esser Properties”), regarding site remediation, demolition and acquisition, but efforts have been hampered by delinquent property taxes and other liens; and
Whereas, GRC is delinquent on its 2006, 2007 and 2008 taxes for the Esser Properties and the City Treasurer has commenced efforts to enforce the City of Milwaukee’s (“City”) tax liens by In-Rem foreclosure action that will result in the City obtaining fee simple title; and
Whereas, After tax foreclosure, future remediation and redevelopment of the Esser Properties and an adjacent City lot at 1500 North 32nd Street would be optimized if all the properties were under common ownership of the Authority, which then would apply for various grants to complete remediation, demolish the improvements and to assemble the site for future redevelopment in a manner compatible with revitalization efforts in the 30th Street Industrial Corridor; and
Whereas, Section 66.1333(5)(c), Wisconsin Statutes, enables the Authority of a first class city, with the approval of the local legislative body of that city, to acquire bli...
Click here for full text