City of Racine - File #: 14-9919

• File #: 14-9919
• Version: A
• Name: CEDCO Loan Extension (Res. No. 14-0206)
• Type: Communication
• Status: Passed
• File created: 3/13/2014
• In control: Finance and Personnel Committee
• Final action: 5/20/2014
• Title: Subject: Request by the Community Economic Development Corporation (CEDCO) to extend the period for completion of its Small Business Development Services contract. (Res. No. 14-0206) Recommendation of the Redevelopment Authority on 4-7-2014: That the Authority supports the extension of the contract expiration through December 2014. Further, that the Mayor and City Clerk be authorized and directed to execute a contract extension with CEDCO effective through December 2014. Recommendation of the Finance & Personnel Committee on 5-12-14: To approve the Community Economic Development Corporation (CEDCO) to extend the period for completion of its Small Business Development Services contract. Further, that the Mayor and City Clerk be authorized and directed to execute a contract extension with CEDCO effective through December 31, 2014. Fiscal Note: Sufficient funds remain in the original contract to fund this extension.
• Related files: Res.14-0206

Date	Ver.	Action By	Action	Result
5/20/2014	A	Common Council	Approved as Presented	Pass
5/12/2014	A	Finance and Personnel Committee	Recommended For Approval	Pass
4/21/2014	A	Finance and Personnel Committee	Deferred	Pass
4/14/2014	A	Common Council	Referred	Pass
4/7/2014	A	Redevelopment Authority of the City of Racine	Recommended For Further Consideration
3/18/2014	A	Common Council	Referred

Title

Subject: Request by the Community Economic Development Corporation (CEDCO) to extend the period for completion of its Small Business Development Services contract. (Res. No. 14-0206)

Recommendation of the Redevelopment Authority on 4-7-2014: That the Authority supports the extension of the contract expiration through December 2014.

Further, that the Mayor and City Clerk be authorized and directed to execute a contract extension with CEDCO effective through December 2014.

Recommendation of the Finance & Personnel Committee on 5-12-14: To approve the Community Economic Development Corporation (CEDCO) to extend the period for completion of its Small Business Development Services contract.  Further, that the Mayor and City Clerk be authorized and directed to execute a contract extension with CEDCO effective through December 31, 2014.

Fiscal Note: Sufficient funds remain in the original contract to fund this extension.