City of Racine - File #: 07-1011

• File #: 07-1011
• Version: A
• Name: Bonds by Elderly Housing Authority for refinancing/renovation
• Type: Communication
• Status: Passed
• File created: 7/31/2007
• In control: Finance and Personnel Committee
• Final action: 9/18/2007
• Title: Subject: Request by Wisconsin Housing Preservation Corporation for issuance of bonds by the Elderly Housing Authority for the refinancing and renovation of property in the City. Recommendation of the Elderly Housing Authority on 8-20-07: That the Common Council of the City of Racine approve the sale of bonds for the benefit of two properties owned by the Wisconsin Housing Preservation Corporation, Oakview Manor Apartments at 4720 Byrd Avenue and Lincoln School Apartments at 1840 State Street (a.k.a 1130 Carlisle Avenue). Further that Resolution EDH 07-01 be adopted. Recommendation of the Finance and Personnel Committee on 9-10-07: Approval of the sale of bonds for the benefit of two properties owned by the Wisconsin Housing Preservation Corporation, Oakview Manor Apartments at 4720 Byrd Avenue and Lincoln School Apartments at 1840 State Street (a.k.a. 1130 Carlisle Avenue). Fiscal Note: The bonds will not be a financial liability of the Authority or the City.
• Related files: Res.07-0410

Date	Ver.	Action By	Action	Result
9/18/2007	A	Common Council	Approved as Presented	Pass
9/10/2007	A	Finance and Personnel Committee	Recommended For Approval	Pass
9/4/2007	A	Common Council
8/20/2007	A	Elderly Housing Authority	Recommended For Further Consideration	Pass
8/6/2007	A	Common Council	Referred

Title

Subject:  Request by Wisconsin Housing Preservation Corporation for issuance of bonds by the Elderly Housing Authority for the refinancing and renovation of property in the City.

Recommendation of the Elderly Housing Authority on 8-20-07: That the Common Council of the City of Racine approve the sale of bonds for the benefit of two properties owned by the Wisconsin Housing Preservation Corporation, Oakview Manor Apartments at 4720 Byrd Avenue and Lincoln School Apartments at 1840 State Street (a.k.a 1130 Carlisle Avenue).

Further that Resolution EDH 07-01 be adopted.

Recommendation of the Finance and Personnel Committee on 9-10-07:  Approval of the sale of bonds for the benefit of two properties owned by the Wisconsin Housing Preservation Corporation, Oakview Manor Apartments at 4720 Byrd Avenue and Lincoln School Apartments at 1840 State Street (a.k.a. 1130 Carlisle Avenue).

Fiscal Note:  The bonds will not be a financial liability of the Authority or the City.