City of Racine - File #: 06-3012

• File #: 06-3012
• Version: A
• Name: Communication from the Mayor proposing the purchase of a property
• Type: Communication
• Status: Committee Report To Council
• File created: 12/20/2006
• In control: Redevelopment Authority of the City of Racine
• Final action: 1/3/2007
• Title: Subject: Communication from the Mayor proposing the purchase of a property. Recommendation of the Redevelopment Authority on 1-3-07: That the Common Council, pursuant to sec. 66.1333 (5) (b) Wis. Stats., authorize the Redevelopment Authority to acquire by purchase 1402 Liberty Street (parcel ID 07856000) and 1423 State Street (parcel ID 08180000). Further that that the Common Council provide up to $260,000 plus closing costs to fund the acquisition. Further to aopt Resolution 07-05. Fiscal Note: Funds will be advanced from the 2004 and/or 2005 Capital Project Funds.
• Related files: Res.06-7390

Date	Ver.	Action By	Action	Result
1/3/2007	A	Common Council	Approved as Presented	Pass
1/3/2007	A	Redevelopment Authority of the City of Racine	Recommended For Approval	Pass
12/21/2006	A	Common Council	Referred

Title

Subject: Communication from the Mayor proposing the purchase of a property.

Recommendation of the Redevelopment Authority on 1-3-07:  That the Common Council, pursuant to sec. 66.1333 (5) (b) Wis. Stats., authorize the Redevelopment Authority to acquire by purchase 1402 Liberty Street (parcel ID 07856000) and 1423 State Street (parcel ID 08180000).

Further that that the Common Council provide up to $260,000 plus closing costs to fund the acquisition.

Further to aopt Resolution 07-05.

Fiscal Note:  Funds will be advanced from the 2004 and/or 2005 Capital Project Funds.