City of Racine - File #: Res.12-2988

• File #: Res.12-2988
• Version: A
• Name: Offer to purchase 1324 Center Street
• Type: Resolution
• Status: Passed
• File created: 2/22/2012
• In control: City Attorney's Office
• Final action: 2/22/2012
• Title: Offer to purchase 1324 Center Street Resolved, that the request is 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 are authorized to execute any necessary selling documents. Fiscal note: The city will receive $72,900 in proceeds, minus closing costs and miscellaneous fees.
• Sponsors: Dennis Wiser
• Related files: 12-7390

Date	Ver.	Action By	Action	Result
2/22/2012	A	Common Council	Adopted	Pass

Sponsor

Alderman Wiser

Title

Offer to purchase 1324 Center Street

Resolved, that the request is 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 are authorized to execute any necessary selling documents.

Fiscal note:  The city will receive $72,900 in proceeds, minus closing costs and miscellaneous fees.