City of Milwaukee - File #: 210416

• File #: 210416
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 7/7/2021
• In control: JUDICIARY & LEGISLATION COMMITTEE
• Final action: 7/27/2021
• Title: Substitute resolution authorizing the return of real estate located at 4349 N. 19th Place, in the 1st Aldermanic District to its former owner New Direction IRA Inc FBO Vincent Bryan IRA.
• Sponsors: THE CHAIR
• Indexes: IN REM JUDGMENTS

Date	Ver.	Action By	Action	Result	Tally
8/5/2021	1	MAYOR	SIGNED
7/27/2021	1	COMMON COUNCIL	ADOPTED	Pass	15:0
7/20/2021	1	JUDICIARY & LEGISLATION COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Appearing: DNS - Tanz Rome DCD - Deborah McCollum-Gathing ACA - Kimberly Prescott Treasurer's Office - Jim Klajbor Mr. Vincent Byan IRA Company based out of Colorado; City Attorney's recommendation is to register company with state of Wisconsin.	Pass	5:0
7/7/2021	0	COMMON COUNCIL	ASSIGNED TO

Number
210416
Version
SUBSTITUTE 1
Sponsor
THE CHAIR
Title
Substitute resolution authorizing the return of real estate located at 4349 N. 19th Place, in the 1st Aldermanic District to its former owner New Direction IRA Inc FBO Vincent Bryan IRA.
Analysis
This resolution authorizes the return of real estate locates at 4349 N. 19th Place, in the 1st Aldermanic District to its former owner, New Direction IRA Inc FBO Vincent Bryan IRA, under conditions imposed by s. 304-50 of the Code of Ordinances.
Body
Whereas, The property located at 4349 N. 19th Place, previously owned by New Direction IRA Inc FBO Vincent Bryan IRA, has delinquent taxes for 2017-2020 and was foreclosed upon pursuant to Sec. 75.521, Wis. Stats., and a fee simple absolute was obtained in favor of the City of Milwaukee dated March 24, 2021 210416; and

Whereas, New Direction IRA Inc FBO Vincent Bryan IRA would like to reclaim said property by paying all City and County real estate taxes, plus accrued interest and penalties to date of payment, and all costs as sustained by the City in the foreclosing and management of said property since March 24, 2021; and

Whereas, New Direction IRA Inc FBO Vincent Bryan IRA has agreed to pay all related city charges up until the point that the property is returned, as well as all other charges, and conditions which are detailed in the letters submitted by the Department of Neighborhood Services, Department of City Development, the Health Department, the Treasurer’s Office, and the City Attorney’s Office, as though set forth in this resolution; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that in order to return the property at 4349 N. 19th Place, a cashier's check must be submitted in the amount indicated by the City Treasurer within thirty 30 days of the adoption of this resolution; and, be it

Further Resolved, That the City Attorney is then authorized to enter into a stipulation with the former owner to reopen an...