Loading...
2012-911 RESOLUTION NO. 2012 -911 A resolution authorizing the City Manager to proceed with the conveyance of property located at 627 Rockport Road to The Wisconsin Partnership for Housing Development, Inc. WHEREAS, the City of Janesville owns the following described parcel: Stone's Add. Lot 5 & 80' Strip Lying South & Adj. JC6107920. For informational purposes: 627 Rockport Road, Janesville, WI 53548; Tax Key No. 241 - 0401100106. WHEREAS, The City of Janesville acquired the property located at 627 Rockport Road in October 2011, through the Rock County Tax Foreclosure Program for the purpose of neighborhood improvement; and WHEREAS, The City of Janesville has entered into an agreement with The Wisconsin Partnership for Housing Development, Inc. for the rehabilitation of 5 residential homes and the development of 1 new home under the Neighborhood Stabilization Program III grant; and WHEREAS, The Wisconsin Partnership for Housing Development has expressed a willingness to rehabilitate the 2 -unit residential property at 627 Rockport Road and convert this property into a single family home under the Neighborhood Stabilization Program III grant; and WHEREAS, The rehabilitation and conversion of the property into a single family home is consistent with the City of Janesville Look West and Old Fourth Ward Neighborhood Revitalization Plans and the City of Janesville Comprehensive, Plan, which call for the revitalization of neighborhoods that have experienced decline and for the City to acquire vacant, dilapidated, and tax - delinquent properties for rehabilitation and resale to increase owner - occupancy and promote continued investment in existing neighborhoods; and WHEREAS, It is in the best interest of the City of Janesville to convey 627 Rockport Road to The Wisconsin Partnership for Housing Development for rehabilitation and conversion to a single - family home; and WHEREAS, the rehabilitated home will be sold to an income eligible party under the Neighborhood Stabilization III guidelines. 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: May 14, 2012 Motion by: Steeber / Second by: Severson APPROVED: // Councilmember Aye Nay Pass Absent i r � � Dongarra -Adams X ...c.„-- � Farrell X Eric Levit 7 anager Kealy X Liebert X ATTES ' Severson X / Steeber X Voskuil X Je Ann Wulf, City Clerk -Treas er A PROVED AS TO FORM: (la/7 Wald Klimczyk, City Attorney --- Proposed by: Neighborhood Services Prepared by: Neighborhood Services Director "-