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Subject: (Direct Referral) Request of the Director of City Development to accept the offer of Luz "Lucy" Gonzalez to purchase 1729 Center Street, an NSP-3 property. (Res. No. 13-0482)
Recommendation of the Loan Board of Review on 11/21/2013: that the request of the Director of City Development to accept the offer of Luz "Lucy" Gonzalez to purchase 1729 Center Street, an NSP-3 property be approved.
Fiscal Note: The property was acquired and renovated through the NSP-3 program. The City will receive $43,500.00 in proceeds, minus commissions and closing costs.