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11-6590
| A | | Façade Grant Program | Communication | Subject: Communication from the Director of City Development requesting that the City provide Intergovernmental Sewer Revenue Sharing funds for the continuation of the Façade Grant Program. | Received and Filed | Pass |
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11-6721
| A | | OFP 1526 Washington Ave (Res. 11-2704) | Communication | Subject: (Direct Referral) Communication from First Weber Group submitting an offer to purchase 1526 Washington Avenue. (Res. 11-2704)
Recommendation of the Redevelopment Authority on 8-1-11: That the Common Council approve the sale of 1526 Washington Avenue to Mei H. Li and Yudong Zeng.
Fiscal Note: Purchase price $111,000; cash offer, no financing contingency, buyer has provided proof of sufficient available funds. The Authority listed the building at $120,000. The net sale, after broker's commission, will be approximately $104,340. Proceeds will be applied to the expenses of the Uptown redevelopment, particularly funds advanced from Tax Incremental District No. 16. | Recommended For Approval | Pass |
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