AUTHORIZING ISSUANCE OF A QUIT CLAIM DEED FOR PARCELS LOCATED IN THE TOWN OF LA VALLE & TOWN OF WOODLAND TO ARISTOTLE LLC

Committee Status:

Approved

Budget Status:

Budgeted

Decision Impact:

Significant

FTE Impact:

Funding Source:

Other (see budget status)

Purpose

To accept the offer to purchase of tax deed property and then convey to the buyer.

Background

Background: Sauk County has taken a tax deed on the below described parcels. These properties have been advertised as a Class III Notice under Chapter 985 of the Wisconsin Statutes and they remain unsold. Pursuant to Wisconsin Statutes 75.69, Sauk County may sell a parcel that remains unsold as long as the price received meets or exceeds the advertised aggregate appraised value. The appraised value is as noted below. Aristotle LLC has offered the sum of $13,767.00.

Resolution Files:

Resolution-original draft

Budget Status (Other/External Sources):

Budgeted, see Fiscal Note

Resolution Body

RESOLUTION NO. _____ - 2019

AUTHORIZING ISSUANCE OF A QUIT CLAIM DEED FOR PARCELS LOCATED IN THE TOWN OF LA VALLE & TOWN OF WOODLAND

[Text Box: Fiscal Impact: [] None [x] Budgeted Expenditure [] Not Budgeted ] [Text Box: Background: Sauk County has taken a tax deed on the below described parcels. These properties have been advertised as a Class III Notice under Chapter 985 of the Wisconsin Statutes and they remain unsold. Pursuant to Wisconsin Statutes 75.69, Sauk County may sell a parcel that remains unsold as long as the price received meets or exceeds the advertised aggregate appraised value. The appraised value is as noted below. Aristotle LLC has offered the sum of $13,767.00.] TO ARISTOTLE LLC

NOW, THEREFORE, BE IT RESOLVED, by the Sauk County Board of Supervisors met in regular session that the Sauk County Clerk be and hereby is authorized and directed, having received $13,767.00 from Aristotle LLC on April 8, 2019, to issue a quit claim deed to Aristotle LLC for the below described properties:

Town of La Valle Amsterdam Add to Branigar's Dutch Hollow Lake Lot 1114

(Parcel #024-2576-00000)

Appraised Value: $2,800.00 Offer Amount: $2,800.00

Town of La Valle Green Knoll Add to Branigar's Dutch Hollow Lake Lot 720

(Parcel #024-2634-00000)

Appraised Value: $2,200.00 Offer Amount: $2,200.00

Branigar’s Dutch Hollow Lake Lot 18

(Parcel #044-0813-00000)

Appraised Value: $1,100.00 Offer Amount: $1,100.00

Black Forest Add to Branigar’s Dutch Hollow Lake Lot 152

(Parcel #044-0933-00000)

Appraised Value: $1,267.00 Offer Amount: $1,267.00

Netherlands Add to Branigar’s Dutch Hollow Lake Lot 523

(Parcel #044-1156-00000)

Appraised Value: $1,560.00 Offer Amount: $1,560.00

Netherlands Add to Branigar’s Dutch Hollow Lake Lot 590

(Parcel #044-1223-00000)

Appraised Value: $1,250.00 Offer Amount: $1,250.00

Rhine Add to Branigar’s Dutch Hollow Lake Lot 627

(Parcel #044-1275-00000)

Appraised Value: $3,590.00 Offer Amount: $3,590.00

For consideration by the Sauk County Board of Supervisors on May 21, 2019.

Respectfully submitted,

SAUK COUNTY PROPERTY AND INSURANCE COMMITTEE:

__________________________________ ___________________________________

SCOTT VON ASTEN, Chairperson WILLIAM HAMBRECHT

__________________________________ ___________________________________

JEAN BERLIN CARL GRUBER

__________________________________

SHANE GIBSON

FISCAL NOTE: Sauk County funds invested in this property totaled $11,624.01. Funds received from the sale were $13,767.00

MIS NOTE: No MIS impact

Requested Board Review Date:

Tuesday, May 21, 2019

Committee Review 1:

Pending

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