2010-737 RESOLUTION NO. 2010-737
RESOLUTION AUTHORIZING THE DEMOLITION OF IMPROVEMENTS LOCATED UPON
REAL PROPERTY LOCATED AT 903 MCKINLEY STREET
WHEREAS, Wis. Stats. § §62.22 (1), 62.23 (17) (a), 62.23 (17) (b), 66.0101, 62.11(5) and
Chapter 32 and other pertinent Wisconsin Statutes permit the City's acquisition, development,
ownership, protection, conservation, and subsequent changes in use and disposition of surplus
parkland, open space, riverfront properties, development properties, and other public properties;
and
WHEREAS, on September 28, 2009, the Janesville Common Council approved File Resolution
No. 2009 -638 authorizing the acquisition of real property located at 903 McKinley Street utilizing
TIF 33 increment for the purpose of rehabilitation and resale;
WHEREAS, the City of Janesville acquired the property at a price of Eight Thousand Two
Hundred Twenty One and 95/100 Dollars ($8,221.95); and
WHEREAS, the rehabilitation cost are estimated at Two Hundred Thousand Dollars ($200,000),
which is One Hundred Ten Thousand Dollars ($110,000) more than originally estimated; and
WHEREAS, it has been determined that rehabilitation is no longer feasible based on cost; and
WHEREAS, the City of Janesville intends to demolish the structure at 903 McKinley Street and
maintain the lot for future redevelopment purposes; and
WHEREAS, the City of Janesville Comprehensive Plan calls for the revitalization of
neighborhoods that have experienced decline, and recommends that the City acquire vacant,
dilapidated, and tax - delinquent properties for rehabilitation, resale, and /or demolition in order to
increase owner - occupancy or enhance the health, safety, and good order in target
neighborhood areas; and
WHEREAS, the Janesville Plan Commission has reviewed this proposed disposition on October
4, 2010 and found it to be consistent with long range City plans, but not commenting upon the
financial aspects of the transaction; and
WHEREAS, the Common Council approved Five Hundred Thousand Dollars ($500,000) in the
2009 Note issue for neighborhood and downtown property acquisitions; and
WHEREAS, the funding source for the acquisition and demolition of 903 McKinley Street is the
2009 Note Issue; and
WHEREAS, The Common Council hereby find that this disposition is in the best interest of the
City and of benefit to the taxpayers and community.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Janesville that
they hereby approve and authorize the City Manager and /or his designee(s) to acquire and
close upon the City's purchase of the Properties described above from the owners on behalf of
the City in the manner and for the amounts set forth in the above recitals and to raze and
remove the house and other structures and improvements thereon so as to create vacant lot for
potential future disposition; and
BE IT FURTHER RESOLVED, that the City Manager and /or his designee(s) on behalf of the
City of Janesville is /are hereby authorized and empowered to negotiate, draft, modify, review,
execute, and enter into additional agreements, record, file and /or make minor modifications
and /or amendments to any and all documents, papers, forms, and agreements, and to take
whatever other actions as the City Manager and /or his designee(s) may determine, from time to
time and at any time, necessary and /or desirable to effectuate the intent of this resolution and /or
the public good.
ADOPTED: October 11, 2010 Motion by: Truman
Second by: Steeber
APPR• ED: Councilmem Aye Nay Pass Absent
Brunner X
McDonald X
ric J. Lev' Sc y anager Perrotto X
Rashkin X
ATTES : Steeber X
Truman X
Ide Voskuil X
Je- An Wulf, "ity Clerk- Treasu` r
APPROVED AS TO FORM:
(lal-
City Attorney
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Proposed by Neighborhood Services Department
Prepared by: Neighborhood Services Director and s`y "~`
City Attorney