City of Racine - File #: Res.0117-16

• File #: Res.0117-16
• Version: A
• Name: Purchase of 1016 Park Avenue
• Type: Resolution
• Status: Passed
• File created: 4/6/2016
• In control: City Attorney's Office
• On agenda: 4/6/2016
• Final action: 4/6/2016
• Title: Purchase of 1016 Park Avenue Resolved, that the request of the Interim Director of City Development to accept the offer of Jerrica and Jumar Dunn to purchase 1016 Park Avenue, an NSP-1 property is approved with contingencies as listed on attachment. 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: The property was acquired and a new house was built through the NSP-1 program. The City will receive $83,000.00 in proceeds minus commission and closing costs.
• Sponsors: Mary Land
• Related files: 0262-16

Date	Ver.	Action By	Action	Result
4/6/2016	A	Common Council	Approved as Presented	Pass

Sponsor

Alderman Land

Title

Purchase of 1016 Park Avenue

Resolved, that the request of the Interim Director of City Development to accept the offer of Jerrica and Jumar Dunn to purchase 1016 Park Avenue, an NSP-1 property is approved with contingencies as listed on attachment.

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: The property was acquired and a new house was built through the NSP-1 program. The City will receive $83,000.00 in proceeds minus commission and closing costs.