Sponsor
By Alderman Friedel
Title
ACQUISITION OF PROPERTIES FROM THE COUNTY
RESOLVED, that the Mayor and City Clerk be authorized and directed to accept the residential properties at 1322 Lincoln Street (Parcel ID No. 0193700) and 1944 Howe Street (Parcel ID No. 16960000) from Racine County and to execute such agreements and/or deeds of sale necessary to accomplish the acquisition of the properties.
FURTHER RESOLVED, that the acquisition of the properties shall be at no cost to the City of Racine except for reimbursement to the County for such special charges as were placed on the properties by the City. The reimbursement shall be paid from local option funds in the HOME program 808 fund.
FURTHER RESOLVED, that the Mayor and City Clerk be authorized and directed to then dispose of the properties at 1322 Lincoln Street (Parcel ID No. 0193700) and 1944 Howe Street (Parcel ID No. 16960000) to Racine Habitat for Humanity, Inc., for the good of the public, and to execute such agreements and/or deeds of sale necessary to accomplish the disposal of the properties. Transfer of the properties will be at no cost to the City.
FISCAL NOTE: The special charges to be reimbursed are $2,545.62 for 1944 Howe Street and $4,357.41 for 1322 Lincoln Street. Sufficient funds are available in the designated fund account.