Loading...
2014-1139 r• RESOLUTION NO. 2014 -1139 RESOLUTION AUTHORIZING THE ACQUISITION OF REAL PROPERTY LOCATED AT 1212 MAPLE COURT, 226 NORTH TERRACE STREET, 261 SOUTH HIGH ST, 606 WEST DELAVAN DRIVE, 620 WEST DELAVAN, 602 EAST COURT STREET AND 1318 BENTON AVENUE. WHEREAS, Wis. Stats. § §62.22 (1), 62.23 (17) (a), 62.23 (17) (b), 66.0101, 62.11(5) and Chapters 74, 75, and 32 and other pertinent Wisconsin Statutes permit the City's acquisition, development, ownership, protection, and conservation of parkland, open space, riverfront properties, and development properties; and WHEREAS, Rock County has foreclosed upon the properties located at 1212 Maple Court, 226 North Terrace Street, 261 South High St, 606 West Delavan Drive, 620 West Delavan, 602 East Court Street, and 1318 Benton Avenue located in the City of Janesville, County of Rock, State of Wisconsin for delinquent property taxes as outlined in Wis. Stats. §75.521; and WHEREAS, the City of Janesville has a first right to acquire the properties before they are sold at public auction; and WHEREAS, the purchase price for such properties is equal to the amount of delinquent taxes, special assessments and charges, and interest plus closing costs as follows: 1212 Maple Court. - $16,277.62 plus $300 est. closing cost 226 N Terrace Street - $7,823.09 plus $300 est. closing cost 261 S High Street - $7,612.27 plus $300 est. closing cost 606 W Delavan Drive - $6,559.20 plus $300 est. closing cost 620 W Delavan Drive - $7,667.92 plus $300 est. closing cost 602 E Court Street - $10,440.98 plus $300 est. closing cost 1318 Benton Ave - $7,598.68 plus $300 est. closing cost ;and WHEREAS, the City Council adopted the Look West & Old Fourth Ward Neighborhood Revitalization Plan on December 8, 2008, which identifies home and property maintenance and historic preservation among the critical issues for neighborhood improvement; and WHEREAS, the Janesville Plan Commission has reviewed this proposed acquisition on September 2, 2014 and found it to be consistent with long range City plans, but not commenting upon the financial aspects of the transaction; and WHEREAS, the funding source for the acquisition, rehabilitation, and demolition is the Neighborhood and Downtown Property Acquisition Fund; and NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Janesville that they hereby approve and authorize the City Manager and /or his designee(s) to acquire and close upon the City's purchase of the Properties described above from the owners on behalf of the City in the manner and for the amounts set forth in the above recitals; and BE IT FURTHER RESOLVED, that the City Manager and /or his designee(s) on behalf of the City of Janesville is /are hereby authorized and empowered to negotiate, draft, modify, review, execute, and enter into additional agreements, record, file and /or make minor modifications and /or amendments to any and all documents, papers, forms, and agreements, and to take whatever other actions as the City Manager may determine, from time to time and at any time, necessary and /or desirable to effectuate the intent of this resolution and /or the public good. ADOPTED: September 22, 2014 Motion by: Marklein Second by: Fitzgerald APPROVED: / Councilmember Aye Nay Pass Absent Bobzien Farrell X Mark A Freitag, City Manager Fitzgerald X Kealy X ATTEST: Liebert X / Marklein X / f )i. Severson X Je n Ann Wulf, City Clerk -Tress rer APPROVED AS TO FORM: Wald KIim C�syk, City Attorney Proposed by: Neighborhood and Community Services Department Prepared by: Neighborhood Development Specialist