City of Racine - File #: Res.12-3477

• File #: Res.12-3477
• Version: A
• Name: 1125 Grand Avenue
• Type: Resolution
• Status: Passed
• File created: 12/18/2012
• In control: City Attorney's Office
• Final action: 12/18/2012
• Title: 1125 Grand Avenue Resolved, that the offer of Cervelio Cervantes to purchase 1125 Grand Avenue (an NSP-1 property) is accepted and to authorize the Mayor, City Clerk, and the Director of City Development to execute any documents necessary to complete the purchase is approved. Fiscal Note: The property was acquired and rehabilitated though the NSP-1 program. The City will receive $29,000 in proceeds, minus commissions and closing costs.
• Sponsors: Dennis Wiser
• Related files: 12-8437

Date	Ver.	Action By	Action	Result
12/18/2012	A	Common Council	Adopted	Pass

Sponsor

Alderman Wiser

Title

1125 Grand Avenue

Resolved, that the offer of Cervelio Cervantes to purchase 1125 Grand Avenue (an NSP-1 property) is accepted and to authorize the Mayor, City Clerk, and the Director of City Development to execute any documents necessary to complete the purchase is approved.

Fiscal Note: The property was acquired and rehabilitated though the NSP-1 program. The City will receive $29,000 in proceeds, minus commissions and closing costs.