City of Racine - File #: Res.15-0349

• File #: Res.15-0349
• Version: A
• Type: Resolution
• Status: Passed
• File created: 9/1/2015
• In control: City Attorney's Office
• On agenda: 9/1/2015
• Final action: 9/1/2015
• Title: Purchase of 1216 Geneva Street Resolved, that the request of the Interim Director of City Development to accept the offer of Tamara and Marvin Coleman to purchase 1216 Geneva Street, a HOME property, is approved with contingencies as listed on attachment to Item 15-00724. 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 $79,000.00 in proceeds from the sale, minus commission and closing costs.

Date	Ver.	Action By	Action	Result
9/1/2015	A	Common Council	Adopted	Pass

Sponsor

Alderman Land

Title

Purchase of 1216 Geneva Street

Resolved, that the request of the Interim Director of City Development to accept the offer of Tamara and Marvin Coleman to purchase 1216 Geneva Street, a HOME property, is approved with contingencies as listed on attachment to Item 15-00724.

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 $79,000.00 in proceeds from the sale, minus commission and closing costs.