City of Racine - File #: 12-8312

• File #: 12-8312
• Version: A
• Name: (Direct Referral) Request of the Director of City Development to accept the offer of Raymond White Jr. to purchase 944 Villa Street. (Res. No. 12-3416)
• Type: Application
• Status: Passed
• File created: 10/30/2012
• In control: Loan Board of Review
• Final action: 11/7/2012
• Title: Subject: (Direct Referral) Request of the Director of City Development to accept the offer of Raymond White Jr. to purchase 944 Villa Street, an NPS-1 property. (Res. No. 12-3416) Recommendation of the Loan Board of Review on November 1, 2012: To accept the offer of Raymond White Jr. to purchase 944 Villa Street. Fiscal Note: The property was acquired and rehabilitated through the NSP-1 Program. The city will receive $45,000 in proceeds minus commission and closing costs.
• Related files: Res.12-3416

Date	Ver.	Action By	Action	Result
11/7/2012	A	Common Council	Approved as Presented	Pass
11/1/2012	A	Loan Board of Review	Approved	Pass

Title

Subject: (Direct Referral) Request of the Director of City Development to accept the offer of Raymond White Jr. to purchase 944 Villa Street, an NPS-1 property. (Res. No. 12-3416)

Recommendation of the Loan Board of Review on November 1, 2012: To accept the offer of Raymond White Jr. to purchase 944 Villa Street.

Fiscal Note: The property was acquired and rehabilitated through the NSP-1 Program. The city will receive $45,000 in proceeds minus commission and closing costs.