Sponsor
Alderman Spangenberg
Title
Mayor and City Clerk be authorized to enter into an agreement between the City of Racine and Racine County Economic Development Corporation to provide economic development assistance to the City
Resolved, that the Mayor and City Clerk be authorized and directed to enter into an agreement between the City of Racine and the Racine County Economic Development Corporation (RCEDC) to provide economic development assistance to the City, commencing on January 1, 2010 to December 31, 2010.
Further resolved, that $69,400.00 from the Intergovernmental Revenue Sharing Fund be used for the renewal of the RCEDC Commercial Corridor Contract for 2010.
Fiscal Note: Funds are available in Account 919-000-5610, Professional Services-Commercial Corridors.