City of Racine - File #: Res.14-0458

• File #: Res.14-0458
• Version: A
• Name: Idle Industrial Site Grant
• Type: Resolution
• Status: Passed
• File created: 11/18/2014
• In control: City Attorney's Office
• Final action: 11/18/2014
• Title: Idle Industrial Site Grant Resolved, that available funds and assistance are to be requested from the WEDC under the Idle Industrial Site Grant (Grant Control # 2014-041) and that the rules for the program be complied with; and Further resolved, that the Executive Director, or his authorized agent, act on behalf of the Redevelopment Authority to: submit an application to the WEDC 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 application 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.
• Sponsors: Q.A. Shakoor II
• Related files: 14-10727

Date	Ver.	Action By	Action	Result
11/18/2014	A	Common Council	Adopted	Pass

Sponsor

Alderman Shakoor

Title

Idle Industrial Site Grant

Resolved, that available funds and assistance are to be requested from the WEDC under the Idle Industrial Site Grant (Grant Control # 2014-041) and that the rules for the program be complied with; and

Further resolved, that the Executive Director, or his authorized agent, act on behalf of the Redevelopment Authority to: submit an application to the WEDC 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 application 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.