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2012-884 RESOLUTION NO. 2012-884 A resolution authorizing the City Manager to proceed with the sale of surplus property located at 2739 Beloit Avenue WHEREAS, the City of Janesville, a Wisconsin Municipal Corporation (hereinafter the "CITY "), is the owner of record title to the property known as the Hugunin Home located at 2739 Beloit Avenue, City of Janesville, County of Rock, State of Wisconsin, (hereinafter the "PROPERTY "); WHEREAS, the property consists of approximately 2 acres of land located at 2739 Beloit Avenue and was purchased in 2004 as part of the creation of Tax Incremental Finance District 16; and WHEREAS, the property was formerly owned by the Ms. Eva Hugunin who vacated the property in 2006 and the property has remained vacant since that time; and WHEREAS, the City of Janesville has negotiated an agreement to sell the property on land contract to Mr. Randy Maizonet for Seventy Thousand and 00/100 Dollars ($70,000.00); and WHEREAS, the City shall record a historic easement on the property being transferred requiring any exterior alterations to be reviewed by the Historic Commission for review and approval; and WHEREAS, the Common Council of the City of Janesville declared this property to be surplus property on March 24, 2008 and thus no longer needed for City purposes and the proposed transaction is to the benefit and best interest of the citizens and the City of Janesville. NOW THEREFORE BE IT RESOLVED BY THE COMMON COUNCIL of the City of Janesville 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. . . a ADOPTED: February 27, 2012 Motion by: Liebert Second by: Voskuil APPROVED: Councilmember Aye Nay Pass Absent i l/ Dongarra -Adams X Liebert X Eric J / evitt, Ci Tanager McDonald X Rashkin X ATTEST: Steeber X / Voskuil X , _ �/ 4/...........-, . .1 . Je- Ann Wulf, City Clerk- reasurer APPROVED AS TO FORM: , Tim ellnitz, Assistant C Proposed by: City Manager's Office Prepared by: City Manager's Office •