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2015-1228 RESOLUTION NO. 2015 -1228 A resolution authorizing the City Manager to proceed with the conveyance of property located at 127 North Terrace Street to The Wisconsin Partnership for Housing Development. WHEREAS, the City of Janesville owns the following described parcel: Lot 36, Mitchell's Second Addition, to the City of Janesville, Rock County, Wisconsin. For informational purposes: 127 N. Terrace Street, Janesville, WI 53548; Tax Key No. 241 - 0135200641. WHEREAS, the City of Janesville acquired the property located at 127 North Terrace Street in December of 2009, through the Neighborhood Stabilization Program, with the intention of demolishing the structures and donating the lot to a not - for - profit organization for redevelopment purposes; and WHEREAS, the City of Janesville has demolished the single family and garage structures that were built on the site; and WHEREAS, on August 19, 2015, the Janesville Community Development Authority accepted a proposal from The Wisconsin Partnership for Housing Development, Inc. for the new construction of a single family home using 2015 budgeted HOME funds to support the project; and WHEREAS, the Wisconsin Partnership for Housing Development has prepared plans for the construction of a new single family home under the HOME Investment Partnership Program; and WHEREAS, the property located at 127 North Terrace Street is a desirable residential redevelopment site: and, WHEREAS, it is in the best interest of the City of Janesville to convey 127 North Terrace Street to The Wisconsin Partnership for Housing Development for construction of a single - family home: and, WHEREAS, the newly constructed home will be sold to an income eligible party under the HOME Investment Partnership Program guidelines: 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 minor changes that may be necessary to effectuate this land transaction. ADOPTED: September 14, 2015 Motion: Tidwell Second by: Gruber APPROVED: Councilmember Aye Nay Pass Absent Bobzien X �` Deupree X Mark • . Frei g, City Mana% Farrell X Gruber X ATT Liebert X e r Marklein X /".1111- Tidwell X David T. Godek, City Clerk- Treasurer APPROVED AS TO FORM: Wald Klimczyk, City Attorney Proposed by: Neighborhood & Community Services Prepared by: Neighborhood & Community Services Director