City of Racine - File #: Res.14-0411

• File #: Res.14-0411
• Version: A
• Name: Purchase of 1721 Villa
• Type: Resolution
• Status: Passed
• File created: 10/7/2014
• In control: City Attorney's Office
• Final action: 10/7/2014
• Title: Purchase of 1721 Villa Resolved, that the request of the Director of City Development to accept an offer from Marina M. Slack to purchase 1721 Villa, an NSP property, is authorized. 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-3 program. The City will receive $89,000.00 in proceeds minus commission and closing costs.
• Sponsors: Dennis Wiser

Date	Ver.	Action By	Action	Result
10/7/2014	A	Common Council	Adopted	Pass

Sponsor

Alderman Wiser

Title

Purchase of 1721 Villa

Resolved, that the request of the Director of City Development to accept an offer from Marina M. Slack to purchase 1721 Villa, an NSP property, is authorized.

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-3 program. The City will receive $89,000.00 in proceeds minus commission and closing costs.