City of Racine - File #: Res.0221-17

• File #: Res.0221-17
• Version: A
• Name: Mount Pleasant Manor, 2250 Layard Avenue
• Type: Resolution
• Status: Passed
• File created: 6/20/2017
• In control: City Attorney's Office
• On agenda: 6/20/2017
• Final action: 6/20/2017
• Title: Mount Pleasant Manor, 2250 Layard Avenue Resolved, that the request by National Church Residences for a loan of $400,000.00 for the rehabilitation of Mount Pleasant Manor, 2250 Layard Avenue is approved. Further resolved, that the Mayor and City Clerk are authorized to enter into a contract with National Church Residences consistent with its application and all applicable federal regulations. Fiscal Note: There are sufficient HOME funds available to meet this request.
• Sponsors: Dennis Wiser
• Related files: 545-17

Date	Ver.	Action By	Action	Result
6/20/2017	A	Common Council	Approved as Presented	Pass

Sponsor

Alderman Wiser

Title

Mount Pleasant Manor, 2250 Layard Avenue

Resolved, that the request by National Church Residences for a loan of $400,000.00 for the rehabilitation of Mount Pleasant Manor, 2250 Layard Avenue is approved.

Further resolved,  that the Mayor and City Clerk are authorized to enter into a contract with National Church Residences consistent with its application and all applicable federal regulations.

Fiscal Note: There are sufficient HOME funds available to meet this request.