City of Racine - File #: 15-00471

• File #: 15-00471
• Version: A
• Name: 1754 Villa Street (Res No. 15-0243)
• Type: Communication
• Status: Passed
• File created: 5/18/2015
• In control: Loan Board of Review
• Final action: 6/2/2015
• Title: Subject: (Direct Referral) Request of the Director of City Development to accept the offer of James and Denise Skinner to purchase 1754 Villa Street, a HOME property. (Res No. 15-0243) Recommendation of the Loan Board of Review on May 21, 2015: To approve the request of the Director of City Development to accept the offer of James and Denise Skinner to purchase 1754 Villa Street, with contingencies as listed on attachment, including that regulations allow the title to the house to be in a trust for Ms. Skinner. Fiscal Note: This is a new home build under the HOME program. The City will receive $88,500 in proceeds from the sale, minus commission and closing costs.
• Related files: Res.15-0243

Date	Ver.	Action By	Action	Result
6/2/2015	A	Common Council	Approved as Presented	Pass
5/21/2015	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 James and Denise Skinner to purchase 1754 Villa Street, a HOME property. (Res No. 15-0243)

Recommendation of the Loan Board of Review on May 21, 2015:  To approve the request of the Director of City Development to accept the offer of James and Denise Skinner to purchase 1754 Villa Street, with contingencies as listed on attachment, including that regulations allow the title to the house to be in a trust for Ms. Skinner.

Fiscal Note:  This is a new home build under the HOME program.  The City will receive $88,500 in proceeds from the sale, minus commission and closing costs.