Number
191410
Version
SUBSTITUTE 1
Reference
Sponsor
ALD. COGGS
Title
Substitute resolution authorizing the sale of City-owned vacant lots to Milwaukee Habitat for Humanity, Inc. for its 2020-2022 homebuilding program, in the 6th Aldermanic District.
Analysis
This substitute resolution authorizes the sale of Neighborhood Properties according to the conditions in a Land Disposition Report pursuant to Section 304-49-8, Milwaukee Code of Ordinances.
Body
Whereas, Milwaukee Habitat for Humanity, Inc. (“Habitat”) has submitted an unsolicited Offer to Purchase City-owned vacant lots in the Harambee neighborhood for the construction of homes that will be sold to owner-occupants as summarized in a Land Disposition Report and Due Diligence Checklist, a copy of which is attached to this Common Council File; and
Whereas, Section 304-49-8 of the Milwaukee Code of Ordinances allows the City of Milwaukee (“City”) to accept unsolicited Offers to Purchase property when the City receives fair compensation, whether monetary or non-monetary; and
Whereas, The Department of City Development (“DCD”) has reviewed the offer and the development proposal and recommends sale of the lots to Habitat contingent on DCD approval of final site and building plans that conform to preliminary designs approved by DCD and evidence of firm financing; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that DCD is authorized to accept the unsolicited Offer to Purchase submitted by Habitat for City lots as summarized in the Land Disposition Report; and, be it
Further Resolved, That the Commissioner of DCD, or designee, is authorized to enter into a Development Agreement with Habitat to outline development and conveyance obligations, execute legal documents on behalf of the City, including a release of deed restrictions, and to close the transaction according to the Development Agreement; and, be it
Further Resolved, That in the event any of the lots identifie...
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