City of Racine - File #: 07-0833

• File #: 07-0833
• Version: A
• Name: Racine Community Outpost request for loan
• Type: Application
• Status: Passed
• File created: 6/21/2007
• In control: Loan Board of Review
• On agenda: 6/28/2007
• Final action: 6/28/2007
• Title: Subject: Request from Racine Community Outpost for a loan to purchase 901-905 Hamilton Street Recommendation of the Loan Board of Review on 6-28-2007: That a loan in an amount up to $75,000 from account #818, for a term of 1 year (renewable) at 0% interest be approved. Proceeds from the sale of 905 Hamilton and/or Quintanilla C.O.P. house will be used to pay off loan.

Date	Ver.	Action By	Action	Result
6/28/2007	A	Loan Board of Review	Approved	Pass

Title

Subject: Request from Racine Community Outpost for a loan to purchase 901-905 Hamilton Street

Recommendation of the Loan Board of Review on 6-28-2007:  That a loan in an amount up to $75,000 from account #818, for a term of 1 year (renewable) at 0% interest be approved. Proceeds from the sale of 905 Hamilton and/or Quintanilla C.O.P. house will be used to pay off loan.