City of Racine - File #: 13-9338

• File #: 13-9338
• Version: A
• Name: Request of the Director of City Debelopment to accept an offer from Darren Wricks to purchase 630 Hagerer Street, an NSP-1 property. (Res. No. 13-0382)
• Type: Communication
• Status: Passed
• File created: 9/4/2013
• In control: Loan Board of Review
• On agenda: 9/6/2013
• Final action: 9/17/2013
• Title: Subject: (Direct Referral) Request of the Director of City Development to accept an offer from Darren Wricks to purchase 630 Hagerer Street an NSP-1 property. (Res. No. 13-0382) Recommendation of the Loan Board of Review on September 6, 2013: To approve the request of the Director of City Development to accept the offer of Darren Wricks to purchase 630 Hagerer Street, an NSP-1 property. Fiscal Note: The property was acquired and renovated through the NSP-1 program. The City will receive $60,000 in proceeds, minus commissions and closing costs.
• Related files: Res.13-0382

Date	Ver.	Action By	Action	Result
9/17/2013	A	Common Council	Approved as Presented	Pass
9/6/2013	A	Loan Board of Review	Recommended For Approval	Pass

Title

Subject: (Direct Referral) Request of the Director of City Development to accept an offer from Darren Wricks to purchase 630 Hagerer Street an NSP-1 property. (Res. No. 13-0382)

Recommendation of the Loan Board of Review on September 6, 2013: To approve the request of the Director of City Development to accept the offer of Darren Wricks to purchase 630 Hagerer Street, an NSP-1 property.

Fiscal Note: The property was acquired and renovated through the NSP-1 program. The City will receive $60,000 in proceeds, minus commissions and closing costs.