2010-749 RESOLUTION NO. 2010 — 749 (Revised)
A resolution authorizing the City Manager to proceed with the sale of property located at 189
South High Street
WHEREAS, the City of Janesville owns the following described parcel:
The S. 66' of the W1/2 of Lot 46, Doe's Addition, City of Janesville, Rock County, Wisconsin; excepting
the East 58 feet thereof.
WHEREAS, The City of Janesville acquired the property located at 189 S High Street in December of
2008, through the Buy, Rehab and Resell Program with CDBG funds; and
WHEREAS, The City of Janesville has rehabilitated the property consistent with the Buy, Rehab and
Resell Program Manual; and
WHEREAS, The City of Janesville has negotiated an agreement to sell the property to Ms. Linda Wells
(with co- signer Julie Bittrick) for $95,000.00; and
WHEREAS, The City of Janesville has obtained a copy of an appraisal of the property in the amount of
$95,000; and
WHEREAS, The City of Janesville has verified that Ms. Wells is within the program criteria; and
WHEREAS, The City of Janesville will have First Right of Refusal to purchase the property in order to
facilitate the goal of maintaining the property as owner occupied; and
WHEREAS, the Plan Commission has reviewed this land sale at their December 1, 2008 meeting and
found the sale to be consistent with established City plans and recommended that the City Council
proceed with the sale of this property, but further noted that the Plan Commission had not reviewed the
financial aspects of this transaction; and
NOW THEREFORE BE IT RESOLVED BY THE COMMON COUNCIL of the City of Janesville that it
hereby authorizes and directs the City Manager and the City Clerk to execute on behalf of the City of
Janesville, the sale of such property; and to negotiate and execute 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 that the City Manager is hereby authorized to take whatever other actions
or to make whatever other minor changes that may be necessary to effectuate this land transaction.
ADOPTED: November 22, 2010 Motion by: Steeber
Second by: Truman
APPRO Councilmember Aye Nay Pass Absent fri Brunner X
McDonald X
E J. Le ' , y Manager Perrotto X
Rashkin X
ATTES : Steeber X
/ / Truman X
/ .de J .. 4 .. ■ ` _ ■ Voskuil X
Je. Ann Wulf, City Clerk- Tre
0
APPROVED AS TO FORM:
City Attorney, Wald Klimczyk
Proposed by: Neighborhood Services Department
Prepared by: Neighborhood Services Department