City of Racine - File #: Res.15-0149

• File #: Res.15-0149
• Version: A
• Name: Purchase of 61 Riverside Drive
• Type: Resolution
• Status: Passed
• File created: 4/8/2015
• In control: City Attorney's Office
• Final action: 4/8/2015
• Title: Purchase of 61 Riverside Drive Resolved, that the request of the Director of City Development to accept the offer of Mr. Fernando Cervantes Ramos and Ms. Karla V. Ruiz Mata to purchase 61 Riverside, is approved with contingencies as listed on attachment. 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 $83,500 in proceeds from the sale, minus commission and closing costs.
• Sponsors: Dennis Wiser
• Related files: 15-00260

Date	Ver.	Action By	Action	Result
4/8/2015	A	Common Council	Adopted	Pass

Sponsor

Alderman Wiser

Title

Purchase of 61 Riverside Drive

Resolved, that the request of the Director of City Development to accept the offer of Mr. Fernando Cervantes Ramos and Ms. Karla V. Ruiz Mata to purchase 61 Riverside, is approved with  contingencies as listed on attachment.

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 $83,500 in proceeds from the sale, minus commission and closing costs.