2019-1700 RESOLUTION NO. 2019-1700
A resolution authorizing the City of Janesville to proceed with the sale of the surplus
property located at 1301 Venture Drive to Marty Rifkin.
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 developed the former Hugunin Farm as an Industrial Park in
accordance with the Tax Incremental District (TID) No. 22 Project Plan; and
WHEREAS, the City of Janesville owns the following described parcel, better known as 1301
Venture Drive, Janesville, Wisconsin: Lot 2, CSM 1459715, Vol. 23 Pgs. 254 -257, being
located in NW1/4 Sec. 18-2-13; and,
WHEREAS, the City of Janesville has actively marketed the property for sale and an offer to
purchase has been submitted by Marty Rifkin to purchase the property from the City for
industrial development; and,
WHEREAS, the City of Janesville and Marty Rifkin have agreed to a sale price in the amount of
One Hundred Seventy Five Thousand Dollars ($175,000) total for the parcel; and,
WHEREAS, the acceptance of the offer to purchase includes the condition to transfer deed
back to the City of Janesville if agreed upon improvements are not completed by July 31, 2020;
and
WHEREAS, the Common Council hereby find that the sale of this 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. 2019 — 1700
Page 2
ADOPTED: October 14, 2019 Motion by: Consent
Second by: Consent
APPROVED: Councilmember Aye Nay Pass Absent
Benson X
Conley X
Mark A. Fr stag, City Manager Farrell X
Gruber X
ATTE c Marklein X
/ ` Williams X
/ Z.
AI j i Wolfe X
'avid T. Godek, City Clerk-Treasurer
APPROVED AS TO FORM:
Wald Klimczyk, City Attorney
Proposed by: Economic Development Office
Prepared by: Economic Development Office/City
Attorney
_wet