City of Racine - File #: 11-7031

• File #: 11-7031
• Version: A
• Name: Subject: (Direct Referral) Request of the Director of City Development to consider revising the interest rate charged for owner-occupied home improvement loans. (Resolution No. 11-2814)
• Type: Communication
• Status: Passed
• File created: 10/19/2011
• In control: Loan Board of Review
• Final action: 11/1/2011
• Title: Subject: (Direct Referral) Request of the Director of City Development to consider revising the interest rate charged for owner-occupied home improvement loans. (Resolution No. 11-2814) Recommendation of the Loan Board of Review on 10-20-11: That the request be approved to lower the interest rates for Homeowner Fixed loans from 5% and 3% to 3% and 2% respectively. Fiscal Note: N/A
• Related files: Res.11-2814

Date	Ver.	Action By	Action	Result
11/1/2011	A	Common Council	Approved as Presented	Pass
10/20/2011	A	Loan Board of Review	Recommended For Approval	Pass

Title

Subject: (Direct Referral) Request of the Director of City Development to consider revising the interest rate charged for owner-occupied home improvement loans.  (Resolution No. 11-2814)

Recommendation of the Loan Board of Review on 10-20-11: That the request be approved to lower the interest rates for Homeowner Fixed loans from 5% and 3% to 3% and 2% respectively.

Fiscal Note: N/A