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2018-1572 RESOLUTION NO. 2018-1572 A resolution authorizing the City of Janesville to proceed with the sale of the surplus property located at 4320 Ruger Avenue to Dustin and Chelsea Wales 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 4320 Ruger Avenue, Janesville Wisconsin: Lot 11 Ruger Ridge First Addition; and, WHEREAS, the City of Janesville Plan Commission reviewed the acquisition and future resale of the property at its August 21, 2017 meeting and determined the proposed action was consistent with approved City Plans noting that they had not reviewed the financial aspects of the transaction; and WHEREAS, the City of Janesville acquired the property located at 4320 Ruger Avenue to remove a blighting influence on the neighborhood; and, WHEREAS, the existing structures have been removed from the property to prepare the site for redevelopment; and, WHEREAS, the City of Janesville has actively marketed the property for sale and an offer to purchase has been submitted by Dustin and Chelsea Wales to purchase the property from the City; and, WHEREAS, the City of Janesville and Dustin and Chelsea Wales have agreed to a sale price in the amount of $20,000; and, WHEREAS, the Common Council hereby find that the sale of this surplus property is consistent with City Plans and in the best interest of and benefit to the City, its taxpayers, and community; and, NOW THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY OF JANESVILLE that they hereby authorize and direct 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 and to make whatever other changes that may be necessary to effectuate this land transaction and intent of the Common Council. Resolution No. 2018 — 1572 Page 2 ADOPTED: August 13, 2018 Motion by: Conley Second by: Jorgensen APPROVED: Councilmember Aye Nay Pass Absent Conley X Farrell X Mark a . F eitag, City Manager X / Jorgensen X ATT _ Marklein X Apr Williams X Wolfe X avid T. Godek, City lerk-Treasurer APPROVED AS TO FORM: /9/1 Wald Klimczyk, City Attorney Proposed by: Economic Development Office Prepared by: Economic Development Office