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2017-1385 RESOLUTION NO. 2017-1385 A resolution authorizing the City Manager to proceed with the conveyance of property located at 430 North Pearl Street to The Wisconsin Partnership for Housing Development, Inc. WHEREAS, the City of Janesville owns the following described parcels: MITCHELL'S 2ND ADD. N1/2 SW1/4 LOT 42 JC5603156 For informational purposes: 430 N Pearl St, Janesville, WI 53548; Parcel 0135200526. WHEREAS, The City of Janesville acquired the property located at 430 N. Pearl Street in October 2016, through the Rock County Tax Foreclosure Program for the purpose of neighborhood improvement; and WHEREAS, The City of Janesville has entered into an agreement with The Wisconsin Partnership for Housing Development, Inc. for the rehabilitation of residential properties under the Neighborhood Stabilization Programs and the Community Development Block Grant Program. WHEREAS, The Wisconsin Partnership for Housing Development has expressed a willingness to rehabilitate the single-family residential property at 430 N. Pearl Street under the Community Development Block Grant Programs; and WHEREAS, The rehabilitation 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, It is in the best interest of the City of Janesville to convey 430 N. Pearl Street to The Wisconsin Partnership for Housing Development for rehabilitation and; and WHEREAS, the rehabilitated home will be sold to an income eligible party under Community Development Block Grant guidelines. 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: January 23, 2017 Motion by: Marklein Second b• y: Gruber APPROVED: / — - Councilmember Aye Nay Pass Absent j Or: Deupree X Gruber X Mark A. re. ag, City Manager Jorgensen x Liebert X ATT 01,/, Marklein X Tidwell /•• Williams X X David odek, City Clerk-Treasurer APPROVED AS TO FORM: (C/a/e7/W Wald Klimczyk, City Attorney Proposed by: Neighborhood and Community Services Department Prepared by: Neighborhood Development Specialist