City of Racine - File #: 0867-16

• File #: 0867-16
• Version: A
• Name: Request of the Director of City Development to accept the offer of Daisy B. Young to purchase 1923 Mead St., an NSP -1 property. (Res No. 0358-16)
• Type: Application
• Status: Passed
• File created: 10/11/2016
• In control: Loan Board of Review
• Final action: 10/18/2016
• Title: Subject: (Direct Referral) Request of the Director of City Development to accept the offer of Daisy B. Young to purchase 1923 Mead St., an NSP-1 property for $85,000. (Res No. 0358-16) Recommendation of the Loan Board of Review on October 13, 2016: To approve the request of the Director of City Development to accept the offer of Daisy B. Young to purchase 1923 Mead Street, an NSP-1 property for $85,000. Fiscal Note: The City will receive $85,000 in proceeds minus commissions and closing costs.
• Related files: Res.0358-16

Date	Ver.	Action By	Action	Result
10/18/2016	A	Common Council	Approved as Presented	Pass
10/13/2016	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 Daisy B. Young to purchase 1923 Mead St., an NSP-1 property for $85,000. (Res No. 0358-16)

Recommendation of the Loan Board of Review on October 13, 2016: To approve the request of the Director of City Development to accept the offer of Daisy B. Young  to purchase 1923 Mead Street, an NSP-1 property for $85,000.

Fiscal Note: The City will receive $85,000 in proceeds minus commissions and closing costs.