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2011-804 RESOLUTION NO. 2011 -804 RESOLUTION AUTHORIZING THE ACQUISITION AND DEMOLITION OF REAL PROPERTY LOCATED AT 527 NORTH PEARL STREET WHEREAS, Wis. Stats. §§ 62.22 (1), 62.23 (17)(a), 62.23 (17)(b), 66.0101, 62.11(5), Chapter 32, and other pertinent Wisconsin Statutes permit the City's acquisition, development, ownership, protection, improvement, conservation, public use, demolition, disposition, and other disposal of parkland, open space, riverfront properties, blighted properties, redevelopment, and development properties; and WHEREAS, the City Council authorized $500,000 to be used for blight elimination in the central city in a 2009 General Fund Note Issue; and WHEREAS, the Community Development Authority (CDA) and the Neighborhood Action Team assisted in formulating criteria for potential Neighborhood Services Department Property Acquisition projects, including: location in area of greatest need; located within either of the two redevelopment sites as identified in the City of Janesville Look West & Old Fourth Ward Neighborhood Revitalization Plan (Adopted December 8 2008); properties located along collector, major arterial streets, or minor arterial streets; properties located near schools or parks; properties identified as poor or fair condition on the 4 Ward and Look West Housing Condition Report (or of similar condition for census tracts 6 &10); and WHEREAS, the City of Janesville Administration has negotiated an offer to purchase 527 North Pearl Street in the amount of Sixteen Thousand Dollars ($16,000.00); and WHEREAS, the Janesville Plan Commission has reviewed this proposed acquisition on May 2nd, 2011 and found it to be consistent with long range City plans, but not commenting upon the financial aspects of the transaction; and WHEREAS, the Council find this acquisition and proposed public use(s) in the best interest of the City and of benefit to the public; and WHEREAS, the funding source for the acquisition and demolition is the 2009 General Fund Note Issue Blight Elimination Fund: NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Janesville that the City's acquisition of 527 North Pearl Street in the amount of Sixteen Thousand dollars ($16,000.00) for the above described public purpose(s) is hereby approved and authorized; the City Manager and /or his designee(s) may acquire and close upon the City's purchase of the Property from the owner(s) on behalf of the City; 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 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: May 9, 2011 Motion by: Rashkin Second by: Liebert APPROV D: / Councilmember Aye Nay Pass Absent j i / Brunner X Dongarra -Adams X Eric . Levi ity Manager Liebert X ATTEST McDonald X � Rashkin X / l lA Steeber X Jea Ann Wulf, City Clerk- Treasurer voskuii X APPROVED AS TO FORM: ela.47/W - - - Wald Klimczyk, City Attorney Proposed by Neighborhood Servic s pepartment = _ Prepared by Neighborhood Development Skeeraliisf