City of Racine - File #: 0202-16

• File #: 0202-16
• Version: A
• Name: Alvin Badillo Romero's Offer to purchase 931 Center St (Res No. 0100-16)
• Type: Communication
• Status: Passed
• File created: 3/4/2016
• In control: Loan Board of Review
• On agenda: 3/10/2016
• Final action: 3/15/2016
• Title: Subject: (Direct Referral) Request of the Interim Director of City Development to accept the offer of Alvin Badillo Romero to purchase 931 Center Street, an NSP-1 property. (Res No. 0100-16) Recommendation of the Loan Board of Review on March 10, 2016: To accept the offer of Alvin Badillo Romero to purchase 931 Center Street for $85,000. Fiscal Note: The City will receive $85,000 in proceeds from the sale minus commissions and closing costs.
• Related files: Res.0100-16

Date	Ver.	Action By	Action	Result
3/15/2016	A	Common Council	Approved	Pass
3/10/2016	A	Loan Board of Review	Recommended For Approval	Pass

Title

Subject: (Direct Referral) Request of the Interim Director of City Development to accept the offer of Alvin Badillo Romero to purchase 931 Center Street, an NSP-1 property. (Res No. 0100-16)

Recommendation of the Loan Board of Review on March 10, 2016: To accept the offer of Alvin Badillo Romero to purchase 931 Center Street for $85,000.

Fiscal Note: The City will receive $85,000 in proceeds from the sale minus commissions and closing costs.