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File #: 100050    Version: 0
Type: Resolution Status: Passed
File created: 5/4/2010 In control: PUBLIC WORKS COMMITTEE
On agenda: Final action: 5/25/2010
Effective date:    
Title: Resolution accepting the donation of a fire-damaged, foreclosed house at 2742 West State Street in the Historic Concordia neighborhood from Deutsche Bank National Trust for restoration using the Housing Infrastructure Preservation Fund, in the 4th Aldermanic District.
Sponsors: ALD. BAUMAN
Indexes: AGREEMENTS, FORECLOSURES, GIFTS, HOUSING
Attachments: 1. Fiscal Note.pdf, 2. Hearing Notice List
Number
100050
Version
ORIGINAL
Reference

Sponsor
ALD. BAUMAN
Title
Resolution accepting the donation of a fire-damaged, foreclosed house at 2742 West State Street in the Historic Concordia neighborhood from Deutsche Bank National Trust for restoration using the Housing Infrastructure Preservation Fund, in the 4th Aldermanic District.
Analysis
This resolution authorizes acceptance of donation of a fire-damaged residential building for restoration by the Department of City Development prior to sale.
Body
Whereas, The bank foreclosed house at 2742 West State Street is fire-damaged and the Department of Neighborhood Services issued an order to raze or repair the structure and to stabilize an abandoned, historic property; and

Whereas, The house is a blight on the Historic Concordia neighborhood, but demolition would adversely affect the historic character of the area; and

Whereas, The property owner, Deutsche Bank National Trust, has offered to donate the property to the City of Milwaukee (“City”) and will provide the City with clear title to the property; and

Whereas, After donation, the Department of City Development (“DCD”) proposes to use the City’s Housing Infrastructure Preservation Fund to make critical repairs to stabilize the structure and make the house marketable to an owner-occupant; and

Whereas, Prior to using such funds, DCD will consult with the local Common Council member to classify the property as a Special Consideration-Restoration Property, pursuant to Section 304-49-2.b-3-a, Milwaukee Code of Ordinances; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that the City is authorized to accept donation of the property at 2742 West State Street from Deutsche Bank National Trust; and, be it

Further Resolved, That the Commissioner of DCD, or designee, is authorized to execute the Donation Agreement with Deutsche Bank National Trust and to accept the deed and execute other documents necessary to acquire cle...

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