2012-954 RESOLUTION NO. 2012-954
A resolution authorizing the City Manager to proceed with the sale of property
located at 808 WEST HOLMES STREET
WHEREAS, the City of Janesville owns the following described parcel:
PALMER & SUTHERLAND'S ADD. W.73' LOT 4 BLK.11 JC600683300001
WHEREAS, The City of Janesville acquired the property located at 808 West Holmes
Street in May of 2010, through the Neighborhood Stabilization Program Grant; and
WHEREAS, The City of Janesville has rehabilitated the property consistent with the
Neighborhood Stabilization Program requirements; and
WHEREAS, The City of Janesville has negotiated an agreement to sell the property to
Mr. Zakarie V Sowieja for $85,000.00.
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 Mr. Sowieja is within the program
criteria; and
WHEREAS, The City of Janesville has provided $2500 in down payment assistance:
and,
WHEREAS, the Plan Commission has reviewed the Neighborhood Stabilization
Program at their June 1, 2009 meeting and found the purchase, rehabilitation, and 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.
NOW THEREFORE BE IT RESOLVED BY THE COMMON COUNCIL of the City of
Janesville that they hereby authorize and direct the City Manager and the City Clerk to
effectuate, on behalf of the City of Janesville, the sale of such property upon the above
terms and conditions; and to negotiate, draft, prepare, execute, provide, and record
such documents, papers, and forms, to make amendments thereto, and to take such
other actions as the City Manager and /or his designee(s) may, from time to time,
determine to be necessary, convenient, and /or desirable to effectuate this land
transaction and /or the intent of this Resolution.
ADOPTED: December 10, 2012 Motion by: Steeber
Second by: Liebert
APPROVED: / Councilmember Aye Nay Pass Absent
lk� �/ / Dongarra -Adams X
Farrell X
Eric J. Lvitt, , / anager Kealy X
Liebert X
ATTE Severson X
/ i Steeber X
' We / Voskuil X
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APPROVED AS TO FORM:
Wald Klimczyk, City Attorney
Proposed by: Neighborhood Services , s . °
Prepared by: Neighborhood Development Specialist - -
and City Attorney - .