City of Racine - File #: 12-7477

• File #: 12-7477
• Version: A
• Name: Request of the Assistant Director of Ctiy Development to sell 900 Center Street. (Res. 12-3072)
• Type: Communication
• Status: Passed
• File created: 3/13/2012
• In control: Loan Board of Review
• Final action: 4/4/2012
• Title: Subject: (Direct Referral) Request of the Assistant Director of City Development to accept an offer to purchase 900 Center Street. (Res. 12-3072) Recommendation of the Loan Board of Review on March 30, 2012: 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 $35,000 in proceeds, minus comissions and closing costs.
• Related files: Res.12-3072

Date	Ver.	Action By	Action	Result
4/4/2012	A	Common Council	Approved as Presented	Pass
3/30/2012	A	Loan Board of Review	Recommended For Approval	Pass
3/15/2012	A	Loan Board of Review	Deferred	Pass

Title

Subject: (Direct Referral) Request of the Assistant Director of City Development to accept an offer to purchase 900 Center Street. (Res. 12-3072)

Recommendation of the Loan Board of Review on March 30, 2012: 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 $35,000 in proceeds, minus comissions and closing costs.