2007-456
RESOLUTION NO. 2007-456
A resolution approving an offer to purchase property located at 1120 South Cherry and the sale
of same property to Habitat for Humanity.
WHEREAS, the City of Janesville has negotiated an Offer to Purchase the property located at 1120
South Cherry Street for a purchase price of $1.00 plus closing costs which property is legally described
as follows:
Lot 13 of Miltimore's New Addition, City of Janesville, Rock County, Wisconsin.
WHEREAS, the Common Council of the City of Janesville hereby determines that the acquisition and
sale of this property to Habitat for Humanity is necessary for future residential development; and
WHEREAS, the City of Janesville Plan Commission has reviewed the acquisition and sale of this
property at their December 3, 2007, meeting and found such property acquisition and sale to be
consistent with City plans but did not review the financial aspects of this transaction; and
WHEREAS, the Common Council hereby finds that such uses, acquisition and sale constitute pubiic
purpose(s) that benefit the community and promote the health, welfare, safety and best interests of the
City, its residents, businesses, visitors; and
WHEREAS, the funding for this acquisition will be provided by Community Development Block Grant
blight elimination monies; and
NOW, THEREFORE BE IT RESOLVED by the Common Council of the City of Janesville that they
hereby approve the Offer to Purchase said property to convey to Habitat for Humanity and authorize and
direct the City Manager and the City Clerk and his/her designee to negotiate, enter into and execute, on
behalf of the City of Janesville the property sale and transfer, transaction, land use and fund designation
and uses as contemplated herein; and to negotiate, draft, execute, record and file such documents
papers and forms as may from time to time, be necessary and/or desirable to effectuate such transaction
and the intent of this resolution as the City Manager may decide; and
BE IT FURTHER RESOLVED by the Common Council that the City Manager and his designees are
hereby authorized to take at any time and from time to time whatever other actions and make whatever
minor changes to these transaction, sales, fund and related documents that the City Manager may from
time to time find necessary and/or desirable to effectuate the intent of this resolution.
ADOPTED:
December 10. 2007
Motion by: Williams
Second by: Loaschim'
Councilmember Aye Nay Pass Absent
Brunner X
DeGarmo X
Loasching X
Steeber X
Truman X
Wellnitz X
Williams X
APP~O"Ii,p: C-1 0 ~
~~ L~ ____
Steven E. Sheiffer, City Manager
APPROVE~ FORM:
I'M J/~ L}
City Attorney. I v
Proposed by: Community Development Department
Prepared by: Community Development Department