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2012-905 RESOLUTION NO. 2012 -905 A resolution authorizing the City Manager to proceed with the conveyance of property located at 404 Johnson Street to The Wisconsin Partnership for Housing Development. WHEREAS, the City of Janesville owns the following described parcel: ROCKPORT ADD. LOT 1 -2 W.OF HIGH ST. BLK.2 JC6006565 WHEREAS, The City of Janesville acquired the property located at 404 Johnson in November 2009, through the General Fund Blight Elimination Program; and WHEREAS, The City of Janesville has demolished the two family structure that was built on the site; and WHEREAS, The City of Janesville has entered into an agreement with The Wisconsin Partnership for Housing Development, Inc. for development under the Neighborhood Stabilization Program III grant; and WHEREAS, The Wisconsin Partnership for Housing Development has acquired and rehabilitated the adjoining property at 410 Johnson under the Neighborhood Stabilization Program III grant ; and WHEREAS, The property located at 404 Johnson is of an odd shape and not conducive to redevelopment: and, WHEREAS, It is in the best interest of the City of Janesville to convey 404 Johnson to The Wisconsin Partnership for Housing Development for combination with 410 Johnson: and, WHEREAS, 410 Johnson and 404 Johnson will be sold to an income eligible party under the Neighborhood Stabilization III guidelines: 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 conveyance 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: A•ril 23 2012 Motion by: Liebert APPROV,03: , Second by: Steeber / Councilmember Aye Nay Pass Absent i. _ al�.,. Dongarra -Adams X Eric J. Lwi , C 1,V- -nager Farrell X ATTEST: Kealy X �� Liebert X Severson X Jean A Wulf, City Clerk -Tress rer Steeber X Voskuil X APPROVED AS TO FORM: (16.-‘47//971 . City Attorney, Wald Klimczyk - , µ, ___ y Proposed by: Neighborhood Services Prepared by: Neighborhood Development Specialist - _ -