Fiscal Note
The property is surplus, unwanted or unneeded by the City, and is generally of little value. The property will be conveyed to the abutting property owners for $1.00, which will be deposited in the City General Fund.
Title
Authorizing the Mayor and Clerk to execute an Offer to Purchase and approving the sale by Quit Claim Deed of 4230 Milford Road to abutting property owners Richard and Lajean Hoffmann (the "Buyers").
Body
WHEREAS, the City of Madison declared the 3,070 square foot vacant property located at 4230 Milford Road (the "Property") to be surplus on January 1, 2009 (Legistar File #12495, Enactment #RES-09-00020); and,
WHEREAS, per Madison General Ordinance 8.075, Procedures for the Disposal of Surplus City Real Property (the "Surplus Process"), all City Departments were offered the opportunity to acquire the Property; and,
WHEREAS, there was no City Department that wished to acquire the Property; and,
WHEREAS, per the Surplus Process, the City offered the property to the abutting property owners (the Buyers); and,
WHEREAS, the Buyers have agreed to purchase the Property (legally described below) for the purchase price of $1.00;
4230 Milford Road (Parcel Number: 0709-324-2416)
Legal Description: The West 10.0 feet of Lots 12 and 13 of the North 25.0 feet of Lot 14, Block 7 which is described as follows:
Beginning at the Southeast corner of Lot 14; thence North along the East line of said Lot 148.8 feet; thence West 55.0 feet to the west line of said Lot; thence North 25.0 feet to the north line of said Lot; thence East 55.0 feet to the Northeast corner thereof; thence South along the West line of Lot 11, 6.8 feet; thence along the Northerly line of Lot 12 to the point of intersection with a line parallel to the East line of Lot 14 and 10.0 feet, measured at right angles, East therefrom; thence South along said line which is 10.0 feet East of the East line of Lot 14, measured at right angles therefrom, to the South line of Lot 13; thence West along said South line 10.0 feet to the point of beginning. All being in the REPLAT Block 6, 7, 8, and 9 of Marlborough Heights, City of Madison, Dane County, Wisconsin;
NOW THEREFORE BE IT RESOLVED that Common Council accepts the Buyer's Offer to Purchase the Property and authorizes the Mayor and City Clerk to execute such Offer; and,
BE IT STILL FURTHER RESOLVED that Mayor, City Clerk, City Attorney, and Finance Director are authorized to execute, deliver, accept and record any and all documents and take such other actions as shall be necessary or desirable to accomplish the purpose of this resolution in a form approved by the City Attorney.