2013-1043 RESOLUTION NO. 2013 -1043
A resolution authorizing the Acting City Manager to proceed with the sale of
property located at 409 S Franklin Street
WHEREAS, the City of Janesville owns the following described parcel:
RAILROAD 2ND.ADD. LOT 6DAF: Pt SE1 /4, Sec 36, T3N, R12E, 4th PM, City of
Janesville, Rock Co, WI JC6006184; and
WHEREAS, Wis. Stats. §§ 62.22(1), 62.23(17)(a), 62.23(17)(b), 66.0101, 62.11(5) and
Chapter 32 and other pertinent Wisconsin Statutes permit the City's acquisition,
development, ownership, protection, and subsequent sale and /or other conveyance of
rehabilitation and other surplus real property; and
WHEREAS, The City of Janesville acquired the property located at 409 S Franklin
Street in January 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
Derek and Lisa Stanton for $82,450.00.
WHEREAS, The City of Janesville has obtained a copy of an appraisal of the property
in the amount of $86,000; and
WHEREAS, The City of Janesville has verified that Mr and Mrs Stanton are within the
program criteria; and
WHEREAS, The City of Janesville has provided $3274.00 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 rehabilitates and /or surplus real property, but further noted
that the Plan Commission had not reviewed the financial aspects of this transaction; and
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
execute and convey, on behalf of the City of Janesville, the sale of such property under
the above terms and conditions; 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: September 23, 2013 Motion by: Severson
Second by: Farrell
APPROVED: Councilmember Aye Nay Pass Absent
Farrell X
Fitzgerald X
Jay Inzenz, Acting City Manager Kealy X
Liebert X
ATTEST: Marklein X
d/ Severson X
Voskuil X
Jean nn Wulf, City Clerk- Treas
APPROVED AS TO FORM:
Wald Klimczyk, City Attorney
Proposed by: Neighborhood Services
Prepared by: Neighborhood Development Specialist