City of Racine - File #: 07-1369

• File #: 07-1369
• Version: A
• Name: Robert Gleason requesting to sell his property at 1418 Washington Avenue
• Type: Communication
• Status: Passed
• File created: 10/30/2007
• In control: Finance and Personnel Committee
• Final action: 12/4/2007
• Title: Subject: (Direct Referral) Communication from Robert A. Gleason of R & R Innovative Investments requesting to sell his property at 1418 Washington Avenue to the City of Racine Redevelopment Authority at the price of $109,000. Recommendation of Redevelopment Authority on 11-7-07: That the offer be accepted. Further that the funds previously provided for the acquisition of 1511 Washington Avenue be used instead for the acquisition of 1418 Washington Avenue and that funds allocated under the 2008 CDBG program for Uptown Property Acquisition be used at such time that 1511 Washington Avenue may become available. To adopt Redevelopment Authority Res. 07-23. Further recommends that the item be referred to the Finance and Personnel Committee. Fiscal Note: Funds are available in the accounts identified for this purpose. Recommendation to the Finance & Personnel Committee on 11-26-07: The Redevelopment Chairman and Executive Director be authorized and directed to execute all documents n...
• Related files: Res.07-0534

Date	Ver.	Action By	Action	Result
12/4/2007	A	Common Council	Approved as Presented	Pass
11/26/2007	A	Finance and Personnel Committee	Recommended For Approval	Pass
11/20/2007	A	Common Council	Referred
11/7/2007	A	Redevelopment Authority of the City of Racine	Recommended For Approval	Pass

Title

Subject:  (Direct Referral)  Communication from Robert A. Gleason of R & R Innovative Investments requesting to sell his property at 1418 Washington Avenue to the City of Racine Redevelopment Authority at the price of $109,000.

Recommendation of Redevelopment Authority on 11-7-07: That the offer be accepted.  Further that the funds previously provided for the acquisition of 1511 Washington Avenue be used instead for the acquisition of 1418 Washington Avenue and that funds allocated under the 2008 CDBG program for Uptown Property Acquisition be used at such time that 1511 Washington Avenue may become available.  To adopt Redevelopment Authority Res. 07-23.  Further recommends that the item be referred to the Finance and Personnel Committee.

Fiscal Note: Funds are available in the accounts identified for this purpose.

Recommendation to the Finance & Personnel Committee on 11-26-07:  The Redevelopment Chairman and Executive Director be authorized and directed to execute all documents necessary to purchase the property at 1418 Washington Ave.   Further recommends that funds previously provided for the acquisition of 1511 Washington Ave. be utilized instead for the acquisition of 1418 Washington Ave. and the 2008 CDBG Program for Uptown Property acquisition be utilized for 1511 Washington Ave.

Fiscal Note:  There are sufficient funds available for the purchase of the two properties.