City of Milwaukee - File #: 230723

• File #: 230723
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 9/19/2023
• In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
• Final action: 10/10/2023
• Title: Substitute resolution authorizing acceptance of an unsolicited offer to purchase from Juan A. Guerrero, Maria Del Rosario Guerrero, and Rocio Guerrero-Campos for the City-owned tax deed property located at 1732 South 2nd Street, in the 12th Aldermanic District.
• Sponsors: ALD. PEREZ
• Indexes: CITY PROPERTY, PROPERTY SALES

Date	Ver.	Action By	Action	Result	Tally
10/12/2023	1	MAYOR	SIGNED
10/10/2023	1	COMMON COUNCIL	ADOPTED	Pass	15:0
10/3/2023	1	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Appearing: Deborah McCollum-Gathing, Dept. of City Development Maria Del Rosario Guerrero, buyer Marisol Guerrero, daughter/interpreter Pres. Jose Perez, Common Council and 12th Ald. Dist. Pres. Perez was in support.	Pass	4:0
9/26/2023	1	CITY CLERK	DRAFT SUBMITTED
9/19/2023	0	COMMON COUNCIL	ASSIGNED TO

Number
230723
Version
SUBSTITUTE 1
Reference

Sponsor
ALD. PEREZ
Title
Substitute resolution authorizing acceptance of an unsolicited offer to purchase from Juan A. Guerrero, Maria Del Rosario Guerrero, and Rocio Guerrero-Campos for the City-owned tax deed property located at 1732 South 2nd Street, in the 12th Aldermanic District.
Analysis
This resolution authorizes the sale of City-owned Neighborhood Property according to the conditions in a Land Disposition Report pursuant to Section 304-49-8 of the Milwaukee Code of Ordinances.
Body
Whereas, The property at 1732 South 2nd Street (Tax Key 46208260006) (the “Property”) was acquired by the City of Milwaukee (“City”) from All About You Realty & Investments through in rem property tax foreclosure in November of 2021; and

Whereas, Juan A Guerrero, Maria Del Rosario Guerrero, and Rocio Guerrero-Campos (the “Buyers”) desire to purchase the Property from the City; and

Whereas, The Department of City Development (“DCD”) recommended that the property be marketed for sale; and

Whereas, Section 304-49-8 of the Milwaukee Code of Ordinances (“MCO”) allows the City to accept unsolicited offers to purchase property when the City receives fair compensation, whether monetary or non-monetary; and

Whereas, The Common Council of the City of Milwaukee desires to authorize the sale of the Property to the Buyers; and

Whereas, The file sponsor recommends accepting the Buyers’ purchase price offer of $19,000; now, therefore, be it

Resolved, That DCD is authorized to accept an unsolicited offer to purchase the Property from the Buyers, provided that the Buyers meet the following conditions:

1. The offer price equals the file sponsor’s recommendation, which is $19,000.

2. The Buyers provide documented evidence of financial ability to pay the full sales price at closing, and understand that the evidence will be verified by DCD.

3. The Buyers pass all City standard buyer’s checks.

4. The Buyers close the sale no later t...