City of Racine - File #: 15-00261

• File #: 15-00261
• Version: A
• Name: 1213 Franklin (Res No. 15-0150)
• Type: Communication
• Status: Passed
• File created: 3/17/2015
• In control: Loan Board of Review
• Final action: 4/8/2015
• Title: Subject: (Direct Referral) Request of the Director of City Development to accept the offer of Ms. Belinda E. Lawrence to purchase 1213 Franklin, an NSP property. (Res No. 15-0150) Recommendation of the Loan Board of Review on March 16, 2015: To approve the request of the Director of City Development to accept the offer of Ms. Belinda E. Lawrence to purchase 1213 Franklin, with contingencies as listed on attachment in Legistar. Fiscal Note: This is a rehabilitated home under the NSP-1 program. the City will receive $39,900 in proceeds from the sale, minus commission and closing costs.
• Related files: Res.15-0150

Date	Ver.	Action By	Action	Result
4/8/2015	A	Common Council	Approved as Presented	Pass
3/19/2015	A	Loan Board of Review	Recommended For Approval	Pass

Title

Subject:  (Direct Referral) Request of the Director of City Development to accept the offer of Ms. Belinda E. Lawrence to purchase 1213 Franklin, an NSP property. (Res No. 15-0150)

Recommendation of the Loan Board of Review on March 16, 2015:  To approve the request of the Director of City Development to accept the offer of Ms. Belinda E. Lawrence to purchase 1213 Franklin, with contingencies as listed on attachment in Legistar.

Fiscal Note:  This is a rehabilitated home under the NSP-1 program.  the City will receive $39,900 in proceeds from the sale, minus commission and closing costs.