City of Racine - File #: 11-7090

• File #: 11-7090
• Version: A
• Name: Subject: (Direct Referral) Request of the Assistant Director of City Development to accept an Offer to Purchase 1841 Villa Street. (Res. 11-2864)
• Type: Communication
• Status: Passed
• File created: 11/10/2011
• In control: Loan Board of Review
• Final action: 12/6/2011
• Title: Subject: (Direct Referral) Request of the Assistant Director of City Development to accept an Offer to Purchase 1841 Villa Street. (Res. 11-2864) Recommendation of the Loan Board of Review on 11-17-11: That the request be approved. Further recommend that the Mayor, City Clerk, and Assistant Director of City Development be authorized to execute any necessary selling documents. Fiscal Note: The City will receive $79,900 in proceeds, minus commissions and closing costs.
• Related files: Res.11-2864

Date	Ver.	Action By	Action	Result
12/6/2011	A	Common Council	Approved as Presented	Pass
11/17/2011	A	Loan Board of Review	Recommended For Approval	Pass

Title

Subject: (Direct Referral) Request of the Assistant Director of City Development to accept an Offer to Purchase 1841 Villa Street. (Res. 11-2864)

Recommendation of the Loan Board of Review on 11-17-11: That the request be approved. Further recommend that the Mayor, City Clerk, and Assistant Director of City Development be authorized to execute any necessary selling documents.

Fiscal Note: The City will receive $79,900 in proceeds, minus commissions and closing costs.