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File #: 09-3449    Version: A Name: 1125 Grand Avenue
Type: Communication Status: Passed
File created: 4/16/2009 In control: Committee of the Whole
On agenda: Final action: 7/7/2009
Title: Subject: Authorization to acquire 1125 Grand Avenue from Racine County. (Res.09-1360) Recommendation of the Loan Board of Review on 4-16-09: That the Common Council authorize the appropriate city officials to acquire 1125 Grand Avenue, a tax deliquent property from Racine County for renovation and resale. Recommendation of the Committee of the Whole on 06-16-2009: to authorize the non-precedential acquisition of 1125 Grand Avenue from Racine County with federal foreclosure funds from the Neighborhood Stabilization Program, and that Resolution 09-1360 be adopted. Fiscal Note: The acquisition and renovation will be funded through the Neighborhood Stabilization Program, federal foreclosure funds.
Related files: Res.09-1360

Title

Subject: Authorization to acquire 1125 Grand Avenue from Racine County.  (Res.09-1360)

 

Recommendation of the Loan Board of Review on 4-16-09: That the Common Council authorize the appropriate city officials to acquire 1125 Grand Avenue, a tax deliquent property from Racine County for renovation and resale.

 

Recommendation of the Committee of the Whole on 06-16-2009: to authorize the non-precedential acquisition of 1125 Grand Avenue from Racine County with federal foreclosure funds from the Neighborhood Stabilization Program, and that Resolution 09-1360 be adopted.

 

Fiscal Note: The acquisition and renovation will be funded through the Neighborhood Stabilization Program, federal foreclosure funds.