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Subject: Communication sponsored by Mayor Mason requesting that the City of Racine purchase an approximately 5,155.04 square foot parking lot on Eighth Street, from Arza Industrial, LLC, 1021 Sixth Street.
Recommendation of the Finance and Personnel Committee on 9-12-2022: That the City of Racine purchase an approximately 5,155.04 square foot parking lot on Eighth Street, from Arza Industrial, LLC, 1021 Sixth Street, and that the Mayor, City Clerk, and other appropriate City staff be authorized and directed to execute all documents necessary to effect the purchase.
Fiscal Note: The total cost will be $20,620.16 plus less than $500 in recording fees and closing costs, to be paid from Account Number 45040 57200
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