City of Racine - File #: Res.08-1000

• File #: Res.08-1000
• Version: A
• Name: Quit-claim for 1350 & 1354 State Street properties be approved and authorize funds for closing and demolition costs
• Type: Resolution
• Status: Passed
• File created: 9/2/2008
• In control: City Attorney's Office
• Final action: 9/2/2008
• Title: Quit-claim for 1350 & 1354 State Street properties be approved and authorize funds for closing and demolition costs Resolved, that the Quit-claim for 1350 & 1354 State Street Properties to the City of Racine be approved pursuant to sec. 66.1333 (5) (b), Wis. Stats., and that the Intergovernmental Revenue Sharing Fund advance up to $50,000.00 for closing costs, demolition of structures on the property and one-year's costs of holding the property. Fiscal Note: The property is being donated to the City at no cost. Inter-governmental shared revenues will be required for the closing and demolition costs.
• Sponsors: Thomas Friedel1
• Related files: 08-2492

Date	Ver.	Action By	Action	Result
9/2/2008	A	Common Council	Adopted	Pass

Sponsor

Alderman Friedel

Title

Quit-claim for 1350 & 1354 State Street properties be approved and authorize funds for closing and demolition costs

Resolved, that the Quit-claim for 1350 & 1354 State Street Properties to the City of Racine be approved  pursuant to sec. 66.1333 (5) (b), Wis. Stats., and that the Intergovernmental Revenue Sharing Fund advance up to $50,000.00 for closing costs, demolition of structures on the property and one-year's costs of holding the property.

Fiscal Note:  The property is being donated to the City at no cost.  Inter-governmental shared revenues will be required for the closing and demolition costs.