Title:
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Subject: Request for a grant of Local Option Block Grant funds for the acquisition and rehabilitation of commercial properties in the Uptown area.
Recommendation of the Community Development Committee on 6-14-07: To allocate $120,000 from the Local Option Fund to the Redevelopment Authority of the City of Racine to acquire and rehabilitate 1526 Washington Avenue subject to the participation of the Racine Development Group and the City of Racine in the project.
Fiscal Note: The funds are available in the Local Option Fund.
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