2017-1459 RESOLUTION NO. 2017-1459
RESOLUTION AUTHORIZING THE ACQUISITION OF REAL PROPERTY LOCATED AT
14 South Wisconsin Street, 214 South Franklin Street, 1901 Quixote Drive, 1330 East
Holmes Street, 655 South Fremont Street, and 1309 South Terrace Street
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 14 South Wisconsin
Street, 214 South Franklin Street, 1901 Quixote Drive, 1330 East Holmes Street, 655
South Fremont Street, and 1309 South Terrace Street 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:
14 S. Wisconsin St.-$8,730.42 plus $500 estimated closing cost ($3,262.30 returned to the City)
214 S. Franklin St.-$13,225.71 plus $500 estimated closing cost ($6,135.83 returned to the City)
1901 Quixote Dr.-$18,013.36 plus $500 estimated closing cost ($3,328.65 returned to the City)
1330 E. Holmes St.-$9,602.56 plus $500 estimated closing cost ($2,997.08 returned to the City)
655 S. Fremont. St.-$9,270.30 plus $500 estimated closing cost ($1,557.51 returned to the City)
1309 S. Terrace St.-$12,130.73 plus $500 estimated closing cost ($2,440.35 returned to the
City) 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 18, 2017 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 25, 2017 Motion by: Consent
Second by: Consent
APPROVER: Councilmember Aye Nay Pass Absent
IL/ Conley X
t Farrell X
Mark A . reitag, City Manager Gruber X
i Jorgensen X
ATT Marklein X
-� Williams X
/A`/I_��� Wolfe X
Lavid Godek, City CI Irk-Treasurer
APPROVED AS TO FORM:
Lam-- L-J
Tim Wellnitz, Assistant City Attorney
Proposed by: Neighborhood and Community
Services Department
Prepared by: Neighborhood Development Specialist