12-8043
| A | | Request of IDA staff to allow the IDA program to use remaining match funds ($35,950) for IDA-2 Program. The first IDA grant program will end 12/31/2012. | Application | Subject: Request of IDA staff to allow the transfer of IDA program remaining match funds ($35,950) to IDA-2 Program. The first IDA grant program will end 12/31/2012.
Fiscal Note: The transferred funds will be used as match funds and as post purchase funds for IDA-2 participants. The remaining funds are in fund #260. | Approved | Pass |
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12-8044
| A | | (Direct Referral) Request of the Director of City Develoment to acquire 3713 St. Andrews Blvd. from Racine County fo the Neighborhood Stabilization Program. (Res No. 12-3291) | Communication | Subject: (Direct Referral) Request of the Director of City Development to acquire 3731 St. Andrews Blvd. from Racine County for the Neighborhood Stabilization Program. (Res No. 12-3291)
Recommendation of the Loan Board of Review on August 16, 2012:
To approve the request to acquire 3731 St. Andrews Blvd. for rehabilitation and resale under the NSP program and to authorize the Mayor, City Clerk, and Director of City Development to execute any documents necessary to complete the acquisition.
Fiscal Note: List price is $58,000 minimum bid in county notice of June19, 2012. (No bids were received.) Offering Price is $1.00 plus delinquent special charges, estimated at less than $5,000. | Recommended For Approval | Pass |
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12-8050
| A | | Request of Director of City Development to accept Offer To Purchase 1125 Grand Ave. for $33,900 (NSP-1 property). (Res No. 12-3292) | Communication | Subject: (Direct Referral) Request of Director of City Development to accept the offer of Robert Blake to purchase 1125 Grand Avenue. (Res No. 12-3292)
Recommendation of the Loan Board of Review on August 16, 2012:
To accept the offer of Robert Blake to purchase 1125 Grand Avenue and to authorize the Mayor, City Clerk, and Director of City Development to execute any documents necessary to complete the sale.
Fiscal Note: The property was acquired and rehabilitated through the NSP-1 program. The city will receive $33,900 in proceeds, minus commissions and closing costs. | Recommended For Approval | Pass |
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12-7874
| A | | Request of Julie Jorgenson of 1830 Carlisle Avenue for a home improvement loan. | Application | Subject: Request from Julie Jorgenson of 1830 Carlisle Avenue for a home improvement loan. | Received and Filed | Pass |
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12-8045
| A | | Request of Lois Krezinski of 905 Lockwood Ave. for a home improvement loan. | Application | Subject: Request of Lois Krezinski of 905 Lockwood Ave. for a home improvement loan. | Approved | Pass |
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12-8046
| A | | Request of Tracey Larrin of 1228 N. Wisconsin Street for a home improvement loan. | Application | Subject: Request of Tracey Larrin of 1228 N. Wisconsin Street for a home improvement loan. | Approved | |
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12-8047
| A | | Request of Jo Alice Serratos of 1015 Hamilton Street for a Rental Assistance Loan. | Application | Subject: Request of Jo Alice Serratos of 1015 Hamilton Street for a rental assistance loan. | Approved | Pass |
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12-8048
| A | | Request of Terrance Boykin of 1107 11th Street to assume the late Wiladron Boykin's loan. | Application | Subject: Request of Terrance Boykin of 1107 11th Street to assume the late Wiladron Boykin's loan. | Approved | Pass |
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12-8051
| A | | Request of Kurt and Terry Mandli of 1725 Grange Avenue for a loan/grant increase in the amount of $3,500. | Application | Subject: Request of Kurt and Terry Mandli of 1725 Grange Avenue for a loan/grant increase in the amount of $3,500. | Approved | Pass |
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