IMMEDIATE ADOPTION
Number
181484
Version
ORIGINAL
Reference
Sponsor
ALD. STAMPER
Title
Resolution removing deed restrictions from two former tax-deed vacant lots at 2161 North 29th Street and 2165 North 29th Street, in the 15th Aldermanic District.
Analysis
This resolution removes deed restrictions imposed by the City of Milwaukee that prohibit division of properties and construction of any principal buildings on the properties.
Body
Whereas, The City of Milwaukee (“City”) conveyed to Ygnacio S. Martinez and Bernarda Martinez a tax-deed vacant lot at 2161 North 29th Street (“City Lot”) that adjoined their property at 2157 North 29th Street by a Quit Claim Deed dated October 23, 1979 (“Deed”); and
Whereas, The City conveyed to Gerald W. Hill a tax-deed vacant lot at 2165 North 29th Street (“City Lot”) that adjoined his property at 2201-03 North 29th Street by a Quit Claim Deed dated October 18, 2000 (“Deed”); and
Whereas, The Deeds contain restrictions that the City Lots be used as open space, that no principal buildings may be erected thereon and that the City Lots be joined with the buyer's adjoining properties to create single parcels to be used as single units (collectively “Deed Restrictions”); and
Whereas, The Deeds state that they shall be forfeited and that the City Lots shall revert to the City in the event there is a breach of one or more of the Deed Restrictions (collectively, the “Forfeiture Rights”); and
Whereas, The Deed Restrictions and Forfeiture Rights cannot be released except upon approval of the Common Council of the City of Milwaukee; and
Whereas, Milwaukee Habitat for Humanity, the current owner of the properties, has requested the release of the Deed Restrictions and a waiver and disclaimer of the Forfeiture Rights on the City Lots in order for it to pursue new home construction on the properties; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the Deed Restrictions and Forfeiture Rights...
Click here for full text