City of Madison - File #: 76854

• File #: 76854
• Version: 2
• Name: Authorizing the Purchase of the Property Located at 305 S. Bedford from Dane County for Future Assemblage with Brittingham Park. (4th A.D.).
• Type: Resolution
• Status: Passed
• File created: 3/14/2023
• In control: FINANCE COMMITTEE
• On agenda: 4/25/2023
• Final action: 4/25/2023
• Enactment date: 4/28/2023
• Enactment #: RES-23-00340
• Title: SUBSTITUTE - Authorizing the Purchase of the Property Located at 305 S. Bedford from Dane County for Future Assemblage with Brittingham Park. (4th A.D.).
• Sponsors: Michael E. Verveer

Date	Ver.	Action By	Action	Result
4/25/2023	2	COMMON COUNCIL	Adopt Unanimously	Pass
4/19/2023	2	BOARD OF PARK COMMISSIONERS	Return to Lead with the Recommendation for Approval	Pass
3/27/2023	2	FINANCE COMMITTEE	RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER	Pass
3/21/2023	1	FINANCE COMMITTEE	Referred
3/21/2023	1	COMMON COUNCIL	Refer	Pass
3/14/2023	1	Parks Division	Referred for Introduction

Fiscal Note
The proposed resolution authorizes the purchase of a foreclosed property located at 305 S. Bedford Street from Dane County for purposes of expanding Brittingham Park. The land and improvements on the property are assessed in the amount of $627,000. The total purchase price will not exceed $200,000 for 5,455 square feet of land. These costs include, but may not be limited to: unpaid taxes from 2015 through 2022 totaling $154,671, 1% of the assessed value, eviction costs, real estate costs for title work, miscellaneous closing costs, and staff time. In addition, the Parks Division anticipates approximately $75,000 in demolition costs. Total costs up to $300,000 will be funded by impact fees in the Land Acquisition project. Funding is available in this project for the purchase of the property and associated costs based on the estimate. No additional appropriation is required.

Title
SUBSTITUTE - Authorizing the Purchase of the Property Located at 305 S. Bedford from Dane County for Future Assemblage with Brittingham Park. (4th A.D.).

Body
WHEREAS, Dane County (the “County”) has foreclosed on a tax certificate issued against, the property located at 305 S. Bedford St. (Parcel Number - 251/0709-234-0217-0) in the City of Madison, Dane County, Wisconsin (“Property”), and has taken title to the Property from the prior owner, Barbara J. Rottier, pursuant to a tax deed; and,

WHEREAS, Dane County (the “County”) deposited a 2019 tax certificate with the County Clerk, subsequently executed and recorded a tax deed on June 10, 2022 in the office of the Dane County Register of Deeds for the non-payment of property taxes and special assessments, and has therefore taken title to the property located at 305 S. Bedford Street (the “Property”), which is legally described as follows:

All that part of Lots One (1) and Two (2), Block Twenty-nine (29), Original Plat, located in the City of Madison, Dane County, Wisconsin, lying Southeasterly of the right of way of...