City of Racine - File #: Res.13-0241

• File #: Res.13-0241
• Version: A
• Name: Purchase 944 Villa Street, an NSP -1 property
• Type: Resolution
• Status: Passed
• File created: 5/21/2013
• In control: City Attorney's Office
• Final action: 5/21/2013
• Title: Purchase 944 Villa Street, an NSP -1 property Resolved, to approve the request of the Director of City Development to accept an offer from Ernesto and Leticia Rosales to purchase 944 Villa Street. Further resolved, that the Mayor, the City Clerk and the Director of City Development are authorized to execute any documents necessary to complete the sale. 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
• Sponsors: Dennis Wiser
• Related files: 13-8973

Date	Ver.	Action By	Action	Result
5/21/2013	A	Common Council	Adopted	Pass

Sponsor

Alderman Wiser

Title

Purchase 944 Villa Street, an NSP -1 property

Resolved, to approve the request of the Director of City Development to accept an offer from Ernesto and Leticia Rosales to purchase 944 Villa Street.  Further resolved, that the Mayor, the City Clerk and the Director of City Development are authorized to execute any documents necessary to complete the sale.

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