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2015-1215 RESOLUTION NO. 2015 -1215 A resolution authorizing the City Manager to proceed with the sale of property located at 602 E. Court Street WHEREAS, Wis. Stats. §§ 62.22(1), 62.23(17)(a), 62.23(17)(b), 66.0101, and 62.11(5) and other pertinent Wisconsin Statutes permit the City's acquisition, development, ownership, protection, and subsequent sale and /or other conveyance of surplus real property; and WHEREAS, the City of Janesville owns the following described parcel, better known as 602 E Court Street, Janesville, Wisconsin: JACKMAN & SMITH'S ADD. LOT 1. BLK.1. JC5804803; and WHEREAS, The City of Janesville acquired the property located at 602 E. Court Street, through the Tax Foreclosure Improvement Program; and WHEREAS, The City of Janesville sent out a Request for Proposal (RFP) for the Sale and Rehab of the property; and WHEREAS, The City of Janesville has negotiated an agreement to sell the property to Theodore Craig for an amount of $27,000; and WHEREAS, Mr. Craig has submitted all the necessary information required by the RFP, including a budget estimate, proof of financial ability to complete the project, a proposed timeline and a standard offer to purchase; and WHEREAS, the Common Council hereby find that the sale of this surplus property is in the best interest of and benefit to the City and community; and WHEREAS, the Plan Commission reviewed this transaction during their September 2, 2014 meeting and found the purchase 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; 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 sale 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: June 22, 2015 Motion by: Liebert Second by: Tidwell APPROVED: Councilmember Aye Nay Pass Absent Bobzien Deupree X X Farrell X Mark A reitag , City Manage Gruber X Liebert X ATT Marklein X / , Tidwell X David T. Godek, City F Ierk- Treasurer APPROVED AS TO FORM: Tim Wellnitz, Assistant City Attorney Proposed by: Neighborhood and Community Services Prepared by: Neighborhood Development Specialist