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Meeting Name: Loan Board of Review (inactive) Agenda status: Revised
Meeting date/time: 11/17/2011 9:00 AM Minutes status: Final  
Meeting location: City Hall, Room 306
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video:  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
11-7107 A ReportsCommunicationSubject: Reports A. Delinquency B. Attorney's Report C. Financial Report 1. Available Loan Funds 2. Program Loan Funds D. Monthly Activity Report E. Property Disposition ReportApprovedPass Action details Not available
11-7093 A Subject: (Direct Referral) Request from Racine Urban Garden Network to continue the garden at 1112 Villa Street through 2012. (Res. 11-2862)CommunicationSubject: (Direct Referral) Request from Racine Urban Garden Network to continue the garden at 1112 Villa Street through 2012. (Res. 11-2862) Recommendation of the Loan Board of Review on 11-17-11: That the lease be extended through December 31, 2013. Fiscal Note: The lease payment is one dollar per year. The lessee will be responsible for maintenance to the property.Recommended For ApprovalPass Action details Not available
11-7124 A Subject: (Direct Referral) Request of the Assistant Director of City Development, Joseph Heck, to purchase 2036 Grand Avenue for the NSP-3 program. (Res. 11-2863)CommunicationSubject: (Direct Referral) Request of the Assistant Director of City Development, Joseph Heck, to purchase 2036 Grand Avenue for the NSP-3 program. (Res. 11-2863) Recommendation of the Loan Board of Review on 11-17-11: That the request be approved. Fiscal Note: Accepted offer is for $28,900. Funds are available through the NSP-3 program.Recommended For ApprovalPass Action details Not available
11-7090 A Subject: (Direct Referral) Request of the Assistant Director of City Development to accept an Offer to Purchase 1841 Villa Street. (Res. 11-2864)CommunicationSubject: (Direct Referral) Request of the Assistant Director of City Development to accept an Offer to Purchase 1841 Villa Street. (Res. 11-2864) Recommendation of the Loan Board of Review on 11-17-11: That the request be approved. Further recommend that the Mayor, City Clerk, and Assistant Director of City Development be authorized to execute any necessary selling documents. Fiscal Note: The City will receive $79,900 in proceeds, minus commissions and closing costs.Recommended For ApprovalPass Action details Not available
11-7091 A Subject: (Direct Referral) Request of the Assistant Director of City Development to accept an Offer to Purchase 2410 Kinzie Avenue. (Res. 11-2865)CommunicationSubject: (Direct Referral) Request of the Assistant Director of City Development to accept an Offer to Purchase 2410 Kinzie Avenue. (Res. 11-2865) Recommendation of the Loan Board of Review on 11-17-11: That the request be approved. Further recommend that the Mayor, City Clerk, and Assistant Director of City Development be authorized to execute any necessary selling documents. Fiscal Note: The City will receive $89,900 in proceeds, minus commissions and closing costs.Recommended For ApprovalPass Action details Not available
11-7094 A Ann MandliCommunicationSubject: Request from Ann Mandli of 3347 Charles Street for a Home Improvement Loan.ApprovedPass Action details Not available
11-7106 A Robert PetersenCommunicationSubject: Request from Robert Petersen of 1901 Blaine Avenue for a Home Improvement Loan.ApprovedPass Action details Not available
11-7116 A ChecklistCommunicationSubject: Approval of checklist.ApprovedPass Action details Not available
11-7117 A Discretionary AllocationCommunicationSubject: Discretionary allocation for additional funding for code and lead work.DeferredPass Action details Not available
11-7118 A LimitationsCommunicationSubject: Limitations on investor loans.DeferredPass Action details Not available
11-7119 A Braun CommunicationCommunicationSubject: Communication from Christine Braun of 1532 Chatham Street.Received and FiledPass Action details Not available