City of Racine - File #: Res.11-2894

• File #: Res.11-2894
• Version: A
• Name: Accept an Offer to Purchase 1620 Flett Avenue.
• Type: Resolution
• Status: Passed
• File created: 12/20/2011
• In control: City Attorney's Office
• Final action: 12/20/2011
• Title: Accept an Offer to Purchase 1620 Flett Avenue. Resolved, that the request be approved contingent on the buyer accepting the period of affordability deed restriction. Further resolved, that the Mayor, City Clerk, and Assistant Director of City Development be authorized to execute any necessary selling documents. Fiscal Note: The City will receive $86,900 in proceeds, minus commissions and closing costs.
• Sponsors: Dennis Wiser
• Related files: 11-7202

Date	Ver.	Action By	Action	Result
12/20/2011	A	Common Council	Adopted	Pass

Sponsor

Alderman Wiser

Title

Accept an Offer to Purchase 1620 Flett Avenue.

Resolved, that the request be approved contingent on the buyer accepting the period of affordability deed restriction.

Further resolved, that the Mayor, City Clerk, and Assistant Director of City Development be authorized to execute any necessary selling documents.

Fiscal Note: The City will receive $86,900 in proceeds, minus commissions and closing costs.