Sponsor
Alderman Wiser
Title
Purchase of 1213 Franklin Street
Resolved, that the request of the Director of City Development to accept the offer of Ms. Belinda E. Lawrence to purchase 1213 Franklin, 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 rehabilitated home under the NSP-1 program. The City will receive $39,900 in proceeds from the sale, minus commission and closing costs.