City of Madison
Legislative File ID
09549
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Type:
Resolution
Status:
Passed
Enactment Date:
4/11/2008
Enactment No.:
RES-08-00347
Title:
Authorizing an exception to the Bassett Neighborhood Small Cap TIF Loan program for the project described herein to exceed 15% of purchase price and/or conversion costs and authorizing the Mayor and City Clerk to execute a loan agreement to fund a $60,000 Bassett Neighborhood Small Cap TIF Loan to Matthew Sweeney (“Borrower”) to purchase and renovate the property located at 306-308 S. Broom Street to convert it from a rental to owner-occupied housing.
Controlling Body:
BOARD OF ESTIMATES
Introduced:
3/11/2008
Version:
1
Final Action:
4/8/2008
Contact:
rethington@cityofmadison.com
Name:
Small Cap TIF Loan - Sweeney
Extra Date 1:
Requester:
BOARD OF ESTIMATES
Sponsors:
Michael E. Verveer
Attachments:
Legislative File Text
Legislative History
Date
Acting Body
Action Taken
Motion
3/11/2008
Community and Economic Development Unit
This Resolution was Referred for Introduction
Notes:
Board of Estimates
3/18/2008
COMMON COUNCIL
This Resolution was Refer to the BOARD OF ESTIMATES
Notes:
3/31/2008
BOARD OF ESTIMATES
A motion was made by Verveer, seconded by Bruer, to RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER. The motion passed by the following vote:
Pass
(5:1)
Notes:
4/8/2008
COMMON COUNCIL
A motion was made by Ald. Verveer, seconded by Ald. Bruer, to Adopt. The motion passed by voice vote/other.
Pass
Notes:
Approvals
Approver
Date
Approval Status
Dean Brasser
3/13/2008
Approved
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