City of Racine - File #: Res.07-0319https://cityofracine.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2084959&GUID=58A06946-A714-4567-8A5B-E30624AB7488Legistar15City of Racine - File #: Res.07-0319https://cityofracine.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2084959&GUID=58A06946-A714-4567-8A5B-E30624AB748858A06946-A714-4567-8A5B-E30624AB7488-2016-01-27-19-55-22Title: Pointe Blue Redevelopment Project Request for City Loan Guarantee Resolved, that the City of Racine guarantee a loan from First Wisconsin Bank & Trust to Key Bridge Group, Inc., said guarantee not to exceed $750,000 for a term of three years. Further resolved, that the appropriate city officials be authorized to execute a Limited Guarantee of Specific Transaction documenting said guarantee. Fiscal Note: The guarantee is not an expenditure of funds. It will be recorded as a liability against the housing loan portfolio, account 820, until the expiration of the guarantee.Wed, 27 Jan 2016 19:55:22 GMT