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Subject: (Direct Referral) Request of the Director of City Development to accept the offer of Ms. Norma I. Ramirez Otero to purchase 1801 Grand Avenue, a HOME property.(Res. No. 0295-16)
Recommendation of the Loan Board of Review on August 11, 2016: To approve the offer of Ms. Norma I. Ramirez Otero to purchase 1801 Grand Avenue, a HOME property.
Fiscal note: The City will receive $109,999 in proceeds minus commisions and closing costs.
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