City of Racine - File #: Res.15-0127

• File #: Res.15-0127
• Version: A
• Name: Purchase of 1643 Villa
• Type: Resolution
• Status: Passed
• File created: 3/17/2015
• In control: Common Council
• Final action: 3/17/2015
• Title: Purchase of 1643 Villa Street Resolved, that the request of the Director of City Development to accept the offer of John B. Lambert, III to purchase 1643 Villa Street, a HOME property, is approved. 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: This is a new home build under the HOME program. The City will receive $88,500.00 in proceeds from the sale, minus commission and closing costs.
• Sponsors: Dennis Wiser
• Related files: 15-00202

Date	Ver.	Action By	Action	Result
3/17/2015	A	Common Council	Adopted	Pass

Sponsor

Alderman Wiser

Title

Purchase of 1643 Villa Street

Resolved, that the request of the Director of City Development to accept the offer of John B. Lambert, III to purchase 1643 Villa Street, a HOME property, is approved.

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: This is a new home build under the HOME program. The City will receive $88,500.00 in proceeds from the sale, minus commission and closing costs.