City of Racine - File #: 11-5992

• File #: 11-5992
• Version: A
• Name: Request from Fred and Debra Swenson of 225 Jerome Blvd. to purchase vacant lot at 1109 Albert street.
• Type: Communication
• Status: Passed
• File created: 1/17/2011
• In control: Loan Board of Review
• Final action: 2/1/2011
• Title: Subject: Request from Fred and Debra Swenson of 2225 Jerome Blvd. to acquire vacant lot at 1109 Albert Street. (Res.11-2379) Recommendation of the Loan Board on 1/20/11: To approve the transfer of 1109 Albert Street on the condition that the lot be joined with 1103 Albert Street. Fiscal Note: The vacant parcel is too small (41 ft. x 51½ ft.) for a new home. Transfer to the Swensons will save property maintenance and other holding costs for the city and result in new property taxes, estimated at $160 per year.
• Related files: Res.11-2379

Date	Ver.	Action By	Action	Result
2/1/2011	A	Common Council	Approved as Presented	Pass
1/20/2011	A	Loan Board of Review	Recommended For Approval	Pass

Title

Subject: Request from Fred and Debra Swenson of 2225 Jerome Blvd. to acquire vacant lot at 1109 Albert Street.  (Res.11-2379)

Recommendation of the Loan Board on 1/20/11: To approve the transfer of 1109 Albert Street on the condition that the lot be joined with 1103 Albert Street.

Fiscal Note: The vacant parcel is too small (41 ft. x 51½ ft.) for a new home. Transfer to the Swensons will save property maintenance and other holding costs for the city and result in new property taxes, estimated at $160 per year.