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REDEVELOPMENT AUTHORITY OF THE CITY OF OSHKOSH, WISCONSIN MAY 18, 2011 11-02 RESOLUTION (CARRIED_______ LOST _______ LAID OVER _______ WITHDRAWN _______) PURPOSE: APPROVE DETERMINATION
OF NECESSITY; ESTABLISH FAIR MARKET VALUE; AUTHORIZE PURCHASE /VACANT LOT ON EAST LINCOLN AVENUE, 400 BLOCK – NEAR EAST NEIGHBORHOOD WHEREAS, the Redevelopment Authority previously approved
the Near East Neighborhood Redevelopment Plan, as amended; and WHEREAS, it is in the best interests of the citizens of the City of Oshkosh to acquire property within the boundaries of
said Redevelopment Area to assist in the elimination and prevention of blighting influences in the Central City; and WHEREAS, the vacant property on the south side of East Lincoln Avenue,
east of and adjacent to 417 East Lincoln Avenue, is currently available due to unpaid taxes; and WHEREAS, Winnebago County has offered said property to the Redevelopment Authority for
cost; and WHEREAS, the property and interest to be acquired includes land and buildings, if if any, exclusive of equipment and fixtures both movable and immovable, and is described as:
East Lincoln Avenue, Vacant Lot, 400 Block Lot 36, Thom & Simmons Plat, 10th Ward, City of Oshkosh, Winnebago County, Wisconsin. (tax #910-0403-0100) NOW, THEREFORE, BE IT RESOLVED by
the Redevelopment Authority of the City of Oshkosh that the Authority certifies that in order for said purpose to be accomplished, it is necessary for the property described above to
be acquired. It is further determined by the Authority that acquisition of said property is hereby determined necessary pursuant to the provisions of Chapters 32 and 66 of the Wisconsin
Statutes. BE IT FURTHER RESOLVED that the value of the property to be acquired, as described above, is hereby established at ONE THOUSAND TWO HUNDRED THIRTYONE DOLLARS AND 92/100 ($1,231.92).
Money for this purpose is hereby appropriated from City Community Development Block Grant funds. BE IT FURTHER RESOLVED that the proper Redevelopment Authority officials are authorized
authorized and directed to purchase said property and execute all documents necessary to consummate this transaction.