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File #: 200600    Version:
Type: Resolution Status: Passed
File created: 9/1/2020 In control: COMMON COUNCIL
On agenda: Final action: 9/22/2020
Effective date:    
Title: Substitute resolution approving a Land Disposition Report to sell two City-owned homes to Community Advocates, Inc. and City expenditure of $17,724 in the form of forgivable loans to be used by the buyer toward rehab costs so that the homes may be used as emergency housing, in the 2nd and 9th Aldermanic Districts.
Sponsors: ALD. LEWIS, ALD. STAMPER, ALD. COGGS, ALD. JOHNSON
Indexes: CITY PROPERTY, LAND DISPOSITION REPORTS, PROPERTY SALES
Attachments: 1. Land Disposition Report, 2. Fiscal Impact Statement, 3. Hearing Notice List
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
9/30/20201 MAYOR SIGNED   Action details Meeting details Not available
9/22/20201 COMMON COUNCIL ADOPTEDPass15:0 Action details Meeting details Video Video
9/15/20201 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE RECOMMENDED FOR ADOPTION

Minutes note: Appearing: Amy Turim, Dept. of City Development Ald. Chantia Lewis, 9th Ald. Dist. Maudewella Kirkendoll		Pass5:0 Action details Meeting details Video Video
9/10/20201 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
9/9/20201 CITY CLERK DRAFT SUBMITTED   Action details Meeting details Not available
8/26/20200 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available

Number

200600

Version

SUBSTITUTE 1

Reference

 

Sponsor

ALD. LEWIS, ALD. STAMPER, ALD. COGGS AND ALD. JOHNSON

Title

Substitute resolution approving a Land Disposition Report to sell two City-owned homes to Community Advocates, Inc. and City expenditure of $17,724 in the form of forgivable loans to be used by the buyer toward rehab costs so that the homes may be used as emergency housing, in the 2nd and 9th Aldermanic Districts.

Analysis

This substitute resolution approves a Land Disposition Report and authorizes City sale to Community Advocates, Inc., a non-profit purchaser, of two City-owned homes, and City expenditure of $17,724 in the form of forgivable loans to be used by the buyer toward rehab costs of 5032 North 85th Street in the 2nd Aldermanic District and 5600 West Thurston Avenue in the 9th Aldermanic District, so that the homes may be used as emergency housing.

Body

Whereas, The Common Council of the City of Milwaukee (“Common Council”) set aside $300,000 in funding in the 2020 City budget to be used for, among other things, emergency housing assistance; and

 

Whereas, The Department of City Development (“DCD”) negotiated with Community Advocates, Inc. (“CA”), a non-profit entity, concerning CA’s desire to buy from the City 5032 North 85th Street in the 2nd Aldermanic District and 5600 West Thurston Avenue in the 9th Aldermanic District, for CA to rehab those homes and then lease them to persons in need of emergency housing; and

 

Whereas, DCD prepared the Land Disposition Report (“LDR”) that is part of this Common Council file concerning those parcels and sale terms and conditions, and the LDR provides for a $9,874 forgivable loan to CA to rehab the 85th Street house and a $7,850 forgivable loan to CA to rehab the Thurston Avenue house; and

 

Whereas, The loans would be funded from the monies set aside for emergency housing assistance as specified in the fiscal note accompanying this Common Council file; now, therefore, be it

 

Resolved, By the Common Council of the City of Milwaukee, that the LDR submitted to this Common Council file is hereby approved, and the appropriate City officers and employees are authorized to enter into a Purchase and Sale Agreement with CA in substantial conformity with the LDR and to make the loan funds available to CA in substantial conformity with the LDR, and to undertake such acts as are required by the City thereunder or in furtherance hereof.

Drafter

DCD:Amy.Turim:at

09/09/20