City of Racine - File #: 12-8044

• File #: 12-8044
• Version: A
• Name: (Direct Referral) Request of the Director of City Develoment to acquire 3713 St. Andrews Blvd. from Racine County fo the Neighborhood Stabilization Program. (Res No. 12-3291)
• Type: Communication
• Status: Passed
• File created: 8/14/2012
• In control: Loan Board of Review
• Final action: 8/21/2012
• Title: Subject: (Direct Referral) Request of the Director of City Development to acquire 3731 St. Andrews Blvd. from Racine County for the Neighborhood Stabilization Program. (Res No. 12-3291) Recommendation of the Loan Board of Review on August 16, 2012: To approve the request to acquire 3731 St. Andrews Blvd. for rehabilitation and resale under the NSP program and to authorize the Mayor, City Clerk, and Director of City Development to execute any documents necessary to complete the acquisition. Fiscal Note: List price is $58,000 minimum bid in county notice of June19, 2012. (No bids were received.) Offering Price is $1.00 plus delinquent special charges, estimated at less than $5,000.
• Related files: Res.12-3291

Date	Ver.	Action By	Action	Result
8/21/2012	A	Common Council	Approved as Presented	Pass
8/16/2012	A	Loan Board of Review	Recommended For Approval	Pass

Title

Subject: (Direct Referral) Request of the Director of City Development to acquire 3731 St. Andrews Blvd. from Racine County for the Neighborhood Stabilization Program. (Res No. 12-3291)

Recommendation of the Loan Board of Review on August 16, 2012:

To approve the request to acquire 3731 St. Andrews Blvd. for rehabilitation and resale under the NSP program and to authorize the Mayor, City Clerk, and Director of City Development to execute any documents necessary to complete the acquisition.

Fiscal Note:  List price is $58,000 minimum bid in county notice of June19, 2012. (No bids were received.) Offering Price is $1.00 plus delinquent special charges, estimated at less than $5,000.