City of Racine - File #: Res.0100-16

• File #: Res.0100-16
• Version: A
• Name: Purchase of 931 Center Street
• Type: Resolution
• Status: Passed
• File created: 3/15/2016
• In control: City Attorney's Office
• On agenda: 3/15/2016
• Final action: 3/15/2016
• Title: Purchase of 931 Center Street Resolved, that Resolution No. 15-0445 of December 21, 2015 is hereby repealed. Further resolved, that the 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, is approved with contingencies as listed on the attachment to Item 0202-16. Further resolved, that the Mayor, the City Clerk, and the Interim Director of City Development are authorized to execute any documents necessary to complete the sale. Fiscal Note: This is a rehabilitated home under the NSP-1 program. The City will receive $85,000.00 in proceeds from the sale, minus commission and closing costs.
• Sponsors: Mary Land
• Related files: 0202-16

Date	Ver.	Action By	Action	Result
3/15/2016	A	Common Council	Approved as Presented	Pass

Sponsor

Alderman Land

Title

Purchase of 931 Center Street

Resolved, that Resolution No. 15-0445 of December 21, 2015 is hereby repealed.

Further resolved, that the 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, is approved with contingencies as listed on the attachment to Item 0202-16.

Further resolved, that the Mayor, the City Clerk, and the Interim Director of City Development are authorized to execute any documents necessary to complete the sale.

Fiscal Note: This is a rehabilitated home under the NSP-1 program. The City will receive $85,000.00 in proceeds from the sale, minus commission and closing costs.