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The Jacksonville City Council approved transfer of No. 1504 to a local rail society so it can send it south for use as a Sugar Express tourist train. ....
Jacksonville could soon lose another historic landmark – not from demolition, but from relocation. City Council is considering legislation that would declare Atlantic Coast Line #1504, the steam locomotive displayed at the Prime F. Osborn III Convention Center, surplus property with a declared value of $50,000. Ordinance 2021-0293 on the June 8 agenda also authorizes the city to rescind the locomotive’s local and national historic landmark status and transfer its title to a railroad preservation organization. The North Florida Chapter of the National Railway Historical Society Inc. has a contract to sell the locomotive to Sugar Express LLC, a division of U.S. Sugar Corp. in Clewiston. ....
Just Approved: Higher Fannie Mae loan limits arrive just in time for 5% down purchase Feb. 15, 2021 FacebookTwitterEmail Property type: Single family home in Oakland Purchase price: $857,000 Loan amount: $814,150. Rate: 2.875% with no points. This first time home buyer had been looking for an affordable home for several years, hoping to buy in San Francisco since she is a software engineer working in San Francisco, recognizing that at her price range her housing options would be limited to condominiums. The two main obstacles were the high prices in San Francisco combined with her limited down payment. Financing options are very limited for those having less than 20% to put down when the borrowed amount exceeds the Fannie Mae maximum loan amount, which was $765,600 for most Bay Area counties in 2020. ....