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File #: 190296    Version:
Type: Resolution Status: Passed
File created: 5/29/2019 In control: COMMON COUNCIL
On agenda: Final action: 6/18/2019
Effective date:    
Title: Substitute resolution authorizing the sale of the City-owned property at 4216 West Sieben Place to its former owner, in the 7th Aldermanic District.
Sponsors: ALD. RAINEY
Indexes: CITY PROPERTY, PROPERTY SALES
Attachments: 1. Fiscal Impact Statement, 2. Land Dispostion Report and Due Diligence Checklist, 3. Hearing Notice List
Number
190296
Version
SUBSTITUTE 1
Reference

Sponsor
ALD. RAINEY
Title
Substitute resolution authorizing the sale of the City-owned property at 4216 West Sieben Place to its former owner, in the 7th Aldermanic District.
Analysis
This substitute resolution waives the City buyer policy which prohibits the sale of City real estate to a buyer whose property has been acquired by means of property tax foreclosure during the past five years, and authorizes the Department of City Development to sell the City-owned property at 4216 West Sieben Place to its former owner.
Body
Whereas, The Neighborhood Property at 4216 West Sieben Place (Tax Key No. 2870114000) (“Property”) was acquired by the City of Milwaukee (“City”) from Catherine Lewis (“Former Owner”) through in rem property tax foreclosure in February of 2019; and

Whereas, The Former Owner, now known as Catherine Walker, desires to purchase the Property back from the City; and

Whereas, The Former Owner has petitioned the Judiciary and Legislative Committee (“Committee”) to vacate the in rem judgment and instead the Committee has recommended the Department of City Development (“DCD”) sell the property to the former owner; and

Whereas, The General Buyer Policies in MCO Section 304-49-9 provide that, “unless otherwise authorized by a vote of the Common Council,” the City shall not convey a City-owned property to a “party who owned property in the City that, at any time within the past 5 years the City acquired by means of property tax foreclosure;” and

Whereas, The Common Council desires to authorize the sale of the Property to the Former Owner; and

Whereas, The file sponsor recommends a purchase price which represents the taxes owed for years 2015-2018 and expenses incurred by DCD during the course of management of the Property; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that DCD is authorized to accept an offer to purchase the Property from the Former Owner, pro...

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