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2015-1161 RESOLUTION NO. 2015 -1161 A resolution authorizing the City Manager to proceed with the conveyance of property located at 527 N. Pearl Street to C. Wesley Noble. 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 owns the following described parcel: Chatham Add. Lot 13 JC5502653, which is also known as 527 N. Pearl Street, Janesville, WI 53548; Tax Key No. 0126300320; and WHEREAS, The City of Janesville acquired the property located at 527 N. Pearl Street in June 2011, for the purpose of blight elimination and neighborhood improvement; and WHEREAS, the dilapidated home at 527 N. Pearl Street was previously demolished, which resulted in a vacant lot; and WHEREAS, Wesley Noble has agreed to relocate the home at 706 Prospect to 527 N. Pearl Street if this vacant lot would be conveyed to him at no cost; and WHEREAS, The rehabilitation 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, the Plan Commission reviewed the acquisition of the property at their May 2, 2011 meeting and found the purchase, demolition, and subsequent sale and redevelopment as a single family home sensitive to the architecture in the area to be consistent with established City plans and recommended that the City Council proceed with the transaction, but further noted that the Plan Commission had not reviewed the financial aspects of this transaction; and WHEREAS, It is in the best interest of the City of Janesville and the community to convey 527 N. Pearl Street to Wesley Noble for rehabilitation and conversion of this vacant lot to a single - family home; 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 changes that may be necessary to effectuate this land transaction. ADOPTED: January 12, 2015 Motion by: Liebert Second by: Farrell APPROVED: / Councilmember Aye Nay Pass Absent ��r Bobzien X A Farrell X Mark A. reitag, City Manager Fitzgerald X ATTE T / Liebe X Liebert X �/ ��- �� Marklein X David T. Godek, 'I epuy Clerk- Treasurer Severson X APPROVED AS TO FORM: L-JUdia Tim Wellnitz, Assistant City Attorney Proposed by: Neighborhood & Community Services Prepared by: Assistant City Attorney