2018-1553 RESOLUTION NO. 2018-1553
A resolution authorizing the City Manager to proceed with the sale of surplus
property located at 1309 South Terrace Street.
WHEREAS, the City of Janesville owns the following described parcel:
OVERLOOK HTS #2 ADD. S1/2, LOTS 8 & 9 BLK.10, JC620867400092
WHEREAS, the City of Janesville acquired the property located at 1309 South Terrace
Street, through the 2017 Tax Foreclosure Improvement Program; and
WHEREAS, the City of Janesville is selling the property AS IS; and
WHEREAS, the City of Janesville has negotiated an agreement to sell the property to
Peter and Syneva Tracey for $70,000; and
WHEREAS, the Plan Commission has reviewed this transaction during their September
18, 2017 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
WHEREAS, this property is now surplus and no longer needed for any public purpose;
and
WHEREAS, Wis. Stats. §§ 62.22 (1), 62.23 (17)(a), 62.23 (17)(b), 62.11(5), Chapter 32,
and other pertinent Wisconsin Statutes permit the City's acquisition, development,
ownership, protection, improvement, conservation, public use, demolition, disposition,
sale, conveyance, and other disposal of parkland, open space, riverfront properties,
blighted properties, redevelopment, and development properties; and
WHEREAS, the Common Council hereby find the sale to be consistent with City plans
and in the best interest of and benefit to the City and community.
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-
Treasurer 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 minor changes that he may
determine necessary and/or beneficial to effectuate this land transaction and/or the
intent of the Resolution.
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ADOPTED: July 9, 2018 Motion by: Williams
Second by: Jorgensen
APPROVED: Councilmember Aye Nay Pass Absent
Conl
Y
Farreel X
Mark . 'reitag, City Manager Gruber X
Jorgensen X
ATTE _ /� Marklein X
Williams X
f�' TIW" Wolfe X
-vid T. Godek, City "erk-Treasurer
APPROVED AS TO FORM:
Wald Klimczyk, City Attorney
Proposed by: Neighborhood and Community
Services
Prepared by: Housing Services Director
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