City of Racine - File #: Res.15-0159

• File #: Res.15-0159
• Version: A
• Name: Wisconsin Economic Development Corporation (WEDC) Idle Industrial Site Grant for Machinery Row
• Type: Resolution
• Status: Passed
• File created: 4/20/2015
• In control: City Attorney's Office
• Final action: 4/20/2015
• Title: Wisconsin Economic Development Corporation (WEDC) Idle Industrial Site Grant for Machinery Row Resolved, that permission is granted to the Mayor, City Clerk, and Executive Director or their designee to accept a $1,000,000.00 grant from the Wisconsin Economic Development Corporation to aid in the removal of asbestos and lead in the Machinery Row site, sign documents, and take necessary action to undertake, direct, and complete approved grant activities. Fiscal Note: There is a local match of $3.3 million which will come from a variety of sources including private sector investment and eligible project plan line items from TID 18. (Grant Control No. 2014-041) (Grant Control #00037).
• Sponsors: Q.A. Shakoor II
• Related files: 15-00308

Date	Ver.	Action By	Action	Result
4/20/2015	A	Common Council	Adopted	Pass

Sponsor

Alderman Shakoor

Title

Wisconsin Economic Development Corporation (WEDC) Idle Industrial Site Grant for Machinery Row

Resolved, that permission is granted to the Mayor, City Clerk, and Executive Director or their designee to accept a $1,000,000.00 grant from the Wisconsin Economic Development Corporation to aid in the removal of asbestos and lead in the Machinery Row site, sign documents, and take necessary action to undertake, direct, and complete approved grant activities.

Fiscal Note: There is a local match of $3.3 million which will come from a variety of sources including private sector investment and eligible project plan line items from TID 18. (Grant Control No. 2014-041) (Grant Control #00037).