#2 Authorize sale of 3215 and 3221 Rockport Park Dr (File Res. #2011-815)CLERK-TREASURER’S OFFICE MEMORANDUM
June 6, 2011
TO: City Council
FROM: Jean Ann Wulf, City Clerk-Treasurer
SUBJECT: Action on a proposed resolution authorizing the City Manager to
sell properties located at 3215 and 3221 Rockport Park Drive. (File
Res. 2011-815)
Staff Recommendation
Staff recommends that the City Council support a motion to authorize the City
Manager or his designee to proceed with the sale of surplus properties located at
3215 and 3221 Rockport Park Drive.
City Manager Recommendation
I recommend approval of the sale due to the fact that the City will receive greater
than 75% of its special assessments on the property and will receive greater than
100% of the funds the City paid at the auction.
Suggested Motion
A motion to adopt File Resolution 2011-815 authorizing the City Manager to
proceed with the sale of surplus properties located at 3215 and 3221 Rockport
Park Drive for $32,000 to Mr. Scott Loveland.
Background
The City was noticed by Rock County that 9 lots in the Hickory Ridge Subdivision
were going on the Rock County Tax Lien foreclosure sale. The developer of
these lots did not pay the property taxes nor the special assessments. The City
had invested $126,974 in special assessments in these lots. By Council
direction, staff bid on 8 lots and did not bid on the out lot. The auction bids did
not reach the maximum bid amount set by the Council and the City purchased 8
lots at a cost of $79,500. Of that amount, we received back $58,307 in special
assessments and Rock County retained $21,193 for back taxes and foreclosing
costs. The City now has a total of $155,420 invested in these lots.
Analysis
A. The City of Janesville acquired the lots located at 3215 and 3221 Rockport
Park Drive in October 2010 through the Rock County Tax Lien foreclosure
sale. The purchase price was $28,000 and the City received $20,277
from Rock County for our special assessments levied against the property.
At the date of purchase, the City has a total of $42,300 invested in these
lots. The City used 2010 note proceeds for the property acquisition.
B. The subject sites are developed oversized lots in the Hickory Ridge
subdivision. The properties combined are approximately 1.95 acres and
have a 2010 assessed land value of $89,600.
C. The $32,000 bid would cover all but $10,300 of the City’s special
assessment costs.
cc: Jacob Winzenz, Director of Administrative Services
Eric Levitt, City Manager
RESOLUTION NO. 2011–815
A resolution authorizing the City Manager to proceed with the sale of surplus property located at
3215 and 3221 Rockport Park Drive.
WHEREAS, the City of Janesville owns the real properties located at 3215 and 3221 Rockport Park Drive
with parcel numbers of 0403400035 and 0403400036, respectively;
WHEREAS, The City of Janesville acquired the properties located at 3215 and 3221 Hickory Ridge Drive
in October 2010 though the Rock County Tax Lien program with Property Acquisition Funds in the amount
of $28,000; and
WHEREAS, the proceeds from the sale of this property will be returned to the Special Assessment Fund
to satisfy all outstanding assessments and the loss would be charged against the Property Acquisition
Account; and
WHEREAS, this property is now surplus and no longer needed for any public purpose; and
WHEREAS, the City of Janesville has negotiated an agreement to sell the properties to Mr. Scott
Loveland in the amount of $32,000.00; and
WHEREAS, the sale of surplus property is in the best interest of and benefit to the City and community;
and
NOW THEREFORE BE IT RESOLVED BY THE COMMON COUNCIL of the City of Janesville that the
City Manager and others on his behalf are authorized to sell and convey these parcels of surplus property
to Mr. Scott Loveland for $32,000.00 on behalf of the City of Janesville; and to negotiate and execute
such documents, papers, and forms as the City Manager may, from time to time, determine necessary
and/or desirable to effectuate this transaction and the intent of this Resolution; and
BE IT FURTHER RESOLVED that the City Manager and his designee(s) are hereby authorized to take
whatever other actions and to make whatever other changes that may find necessary and/or desirable to
effectuate this land transaction.
ADOPTED:
Motion by:
Second by:
APPROVED:
Councilmember Aye Nay Pass Absent
Brunner
Dongarra-Adams
Eric J. Levitt, City Manager
Liebert
McDonald
ATTEST:
Rashkin
Steeber
Voskuil
Jean Ann Wulf, City Clerk-Treasurer
APPROVED AS TO FORM:
Wald Klimczyk, City Attorney
Proposed by: Clerk-Treasurer’s Office
Prepared by: Clerk-Treasurer’s Office