AUTHORIZING ISSUANCE OF QUIT CLAIM DEED TO CERTAIN LANDS IN THE CITY OF REEDSBURG TO THE CITY OF REEDSBURG

Committee Status: 
Approved
Budget Status: 
External Source
Decision Impact: 
Significant
FTE Impact: 
No
Funding Source: 
Other (see budget status)

Purpose

This property was taken by Sauk County on a Tax Deed in October 2015. The City of Reedsburg would like to purchase the property for the amount of taxes owing, interest & penalty, and other charges the county has incurred with this property.

Background

The City of Reedsburg along with the Reedsburg School District would like the property to be used for remodeling of this property by the Construction Classes at the High School.  The property would then be put up for sale after completion.

Resolution Files: 
Microsoft Office document icon resolution_to_issue_qcd_to_city_of_reedsburg_-_276-0267.doc
Microsoft Office document icon Revision #1
Budget Status (Other/External Sources): 

Funds received cover the County's investment in this property.

Funds received were $17,320.84.  This amount is sufficient to cover all previously owed Taxes (Years of 2011 thru 2015) in the amount of $13,315.61; Penalties and Interest in the amount of $3,825.23; Tax Deed Service Charge in the amount of $150.00; and  Recording Fee of $30.00. 

Resolution Body

RESOLUTION NO. _____- 2016

 

AUTHORIZING ISSUANCE OF QUIT CLAIM DEED TO CERTAIN LANDS IN THE CITY OF REEDSBURG TO THE CITY OF REEDSBURG

             WHEREAS, Sauk County has previously taken tax title to certain real property located at 525 Laurel Street in the City of Reedsburg, Wisconsin, and more particularly described below;

            City of Reedsburg, Dwinnell’s Addition, Lot 4, Block 6; and more particularly described in the Sauk County Register of Deeds Office at: Document #923686; and Document #972115; and Document #619498 (Parcel #276-0267-00000); and,

             WHEREAS, the City of Reedsburg has offered to purchase said property for the amount of $17,320.84; with the appraised value of said property having been placed at $17,320.84; and, 

             WHEREAS, Sauk County is authorized pursuant to Wis. Stat. § 75.69 and Sauk County Code § 30.03(8), to convey tax delinquent property to a municipality before offering the same to the general public.

            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, upon timely receipt of $17,320.84 to issue a quit claim deed to the City of Reedsburg for the below described property:

   Tax Parcel No.:  276-0267-00000

Property Address:  525 Laurel Street, Reedsburg, WI  53959

Legal Description:  City of Reedsburg, Dwinnell’s Addition, Lot 4, Block 6; and more particularly described in the Sauk County Register of Deeds Office at: Document #923686; and Document #972115; and Document #619498

            For consideration by the Sauk County Board of Supervisors on January 19, 2016.

Respectfully submitted:

PROPERTY AND INSURANCE COMMITTEE

_______________________________                      ___________________________________

SCOTT VON ASTEN – Chairperson                                    WILLIAM HAMBRECHT

   ______________________________                      ___________________________________

NATHAN S. JOHNSON                                           JEFFREY GIEBEL

_______________________________

JOHN M. DEITRICH

FISCAL NOTE:  Funds received were $17,320.84.  This amount is sufficient to cover all previously owed Taxes (Years of 2011 thru 2015) in the amount of $13,315.61; Penalties and Interest in the amount of $3,825.23; Tax Deed Service Charge in the amount of $150.00; and  Recording Fee of $30.00. 

MIS NOTE:  No MIS impact.

Requested Board Review Date: 
Tuesday, January 19, 2016
Committee Review 1: 
Approved
Committee Review 1 Date: 
PROPERTY & INSURANCE COMMITTEE (P&I)
Return to Top