City of Racine - File #: Res.15-0243

• File #: Res.15-0243
• Version: A
• Name: Purchase of 1754 Villa Street
• Type: Resolution
• Status: Passed
• File created: 6/2/2015
• In control: City Attorney's Office
• Final action: 6/2/2015
• Title: Purchase of 1754 Villa Street Resolved, that the request of the Director of City Development to accept the offer of James and Denise Skinner to purchase 1754 Villa Street, is approved with contingencies as listed on attachment, including that regulations allow the title to the house to be in a trust for Ms. Skinner. 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: This is a new home build under the HOME program. The City will receive $88,500.00 in proceeds from the sale, minus commission and closing costs.
• Sponsors: Mary Land
• Related files: 15-00471

Date	Ver.	Action By	Action	Result
6/2/2015	A	Common Council	Adopted	Pass

Sponsor

Alderman Land

Title

Purchase of 1754 Villa Street

Resolved, that the request of the Director of City Development to accept the offer of James and Denise Skinner to purchase 1754 Villa Street, is approved with contingencies as listed on attachment, including that regulations allow the title to the house to be in a trust for Ms. Skinner.

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: This is a new home build under the HOME program. The City will receive $88,500.00 in proceeds from the sale, minus commission and closing costs.