City of Racine - File #: 13-8973

• File #: 13-8973
• Version: B
• Name: (Direct Referral) Request of the Director of City Development to accept the offer from Ernesto and Leticia Rosales to purchase 944 Villa Street, an NSP -1 property. (Res. No. 13-0241)
• Type: Communication
• Status: Passed
• File created: 5/15/2013
• In control: Loan Board of Review
• Final action: 5/21/2013
• Title: Subject: (Direct Referral) Request of the Director of City Development to accept an offer from Ernesto and Leticia Rosales to purchase 944 Villa Street, an NSP -1 property. (Res. No. 13-0241) Recommendation of the Loan Board of Review on May 16, 2013: To approve the request of the Director of City Development to accept the offer of Ernesto and Leticia Rosales to purchase 944 Villa Street. Fiscal Note: The property was acquired and rehabilitated through the NSP-1 program. The City will receive $40,000 in proceeds, minus commissions and closing costs.
• Related files: Res.13-0241

Date	Ver.	Action By	Action	Result
5/21/2013	B	Common Council	Approved as Presented	Pass
5/16/2013	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 Ernesto and Leticia Rosales to purchase 944 Villa Street, an NSP -1 property. (Res. No. 13-0241)

Recommendation of the Loan Board of Review on May 16, 2013:  To approve the request of the Director of City Development to accept the offer of Ernesto and Leticia Rosales to purchase 944 Villa Street.

Fiscal Note:  The property was acquired and rehabilitated through the NSP-1 program.  The City will receive $40,000 in proceeds, minus commissions and closing costs.