City of Milwaukee - File #: 231148

• File #: 231148
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 11/21/2023
• In control: COMMON COUNCIL
• Final action: 12/12/2023
• Title: Substitute resolution authorizing the acceptance of an unsolicited offer to purchase from the former owner of the City-owned property located at 7121 West St. Paul Avenue, in the 10th Aldermanic District.
• Sponsors: ALD. MURPHY
• Indexes: CITY PROPERTY, PROPERTY SALES

Date	Ver.	Action By	Action	Result	Tally
12/13/2023	1	MAYOR	SIGNED
12/12/2023	1	COMMON COUNCIL	ADOPTED	Pass	15:0
12/5/2023	1	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Appearing: Amy Turim, Dept. of City Development David Bancroft, buyer Deatra Kemp, Acts Housing Benjamin Sheehan, Acts Housing Ald. Murphy was in support.	Pass	5:0
11/29/2023	1	CITY CLERK	DRAFT SUBMITTED
11/21/2023	0	COMMON COUNCIL	ASSIGNED TO

Number
231148
Version
SUBSTITUTE 1
Reference

Sponsor
ALD. MURPHY
Title
Substitute resolution authorizing the acceptance of an unsolicited offer to purchase from the former owner of the City-owned property located at 7121 West St. Paul Avenue, in the 10th Aldermanic District.
Analysis
This substitute resolution waives the City buyer policy in 304-49-9-e that prohibits the sale of City-owned real estate to a buyer whose property has been acquired by property tax foreclosure during the past five years, and authorizes the Department of City Development to sell the City-owned property at 7121 West St. Paul Avenue, in the 10th Aldermanic District, to its former owner.
Body
Whereas, The neighborhood property at 7121 West St. Paul Avenue (Tax Key 4060513000) (the “Property”) was acquired by the City of Milwaukee (“City”) from David R. Bancroft (the “Former Owner”) through in rem property tax foreclosure in December of 2022; and

Whereas, The Former Owner desires to purchase the Property back from the City; and

Whereas, The Former Owner has worked with ACTS Housing to obtain appropriate financing to purchase the Property back from the City; 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 of the City of Milwaukee desires to authorize the sale of the Property to the Former Owner; and

Whereas, the Former Owner owes the City $26,854.65 in back taxes, interest, penalty charges, and property management expenses; and

Whereas, the Former Owner would like to pay the debt owed to the City and acquire the property; and

Whereas, the Former Owner has been pre-approved for a loan through ACTS Housing to pay the delinquent taxes and fees; now, therefore, be it...