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Hire real estate company to sell city-owned foreclosed homes

Housing & HomelessnessContractsContract

In Plain English

The city owns several homes it bought during the foreclosure crisis through a federal program. CES Premiere Real Estate will now list and sell these properties for the city. The company gets paid 3% commission only when homes sell, so no upfront cost to the city.

Auto-generated summary. Source: official agenda documents.

Votes

Motion · Official minutes

Approve consent calendar

Passed

7 aye · 0 nay

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