City of Racine - File #: 09-4016

• File #: 09-4016
• Version: A
• Name: Choose Racine Home Purchase Program
• Type: Communication
• Status: Passed
• File created: 8/13/2009
• In control: Loan Board of Review
• Final action: 9/1/2009
• Title: Subject: Request to establish a Choose Racine Home Purchase Program for city, county, and school district employees. (Res.09-1588) Recommendation of the Loan Board of Review on August 20, 2009: That the Common Council establish a Choose Racine home purchase program through which eligible employees of the city, county, school district, technical college and employees of the state may purchase city-owned homes at 50% of the listed price. Fiscal Note: The program will broaden the market for homes that are already in city ownership and listed for sale. No additional costs will be incurred because of the program.
• Related files: Res.09-1588

Date	Ver.	Action By	Action	Result
9/1/2009	A	Common Council	Approved as Presented	Pass
8/20/2009	A	Loan Board of Review	Recommended For Approval	Pass
8/18/2009	A	Common Council	Referred

Title

Subject: Request to establish a Choose Racine Home Purchase Program for city, county, and school district employees.  (Res.09-1588)

Recommendation of the Loan Board of Review on August 20, 2009: That the Common Council establish a Choose Racine home purchase program through which eligible employees of the city, county, school district, technical college and employees of the state may purchase city-owned homes at 50% of the listed price.

Fiscal Note: The program will broaden the market for homes that are already in city ownership and listed for sale. No additional costs will be incurred because of the program.