Sponsor
Alderman Helding
Title
CREATION OF BUSINESS IMPROVEMENT DISTRICT NO. 2, WEST RACINE
WHEREAS, owners of commercial property in West Racine, pursuant to Wis. Stat. sec. 66.1109 (2) (a), petitioned the City of Racine for the creation of a business improvement district; and
WHEREAS, on June 28, 2006, the City Plan Commission conducted a public hearing on the creation of the district and its initial operating plan, and following the public hearing, recommended the creation of the district and adoption of the operating plan, and
WHEREAS, the required thirty day period between the public hearing and action by the Common Council has elapsed.
RESOLVED, by the Common Council of the City of Racine that Business Improvement District No. 2, West Racine, is created and its initial operating plan is adopted.
FURTHER RESOLVED, that the Mayor is authorized and directed to appoint members to the district board pursuant to Wis. Stat. sec. 66.1109 (3) (a) and the adopted operating plan.
FURTHER RESOLVED, that the Interim Finance Director is authorized and directed to collect the special assessments on the properties in the district in the amounts and manner described in the adopted operating plan.
FISCAL NOTE: The operating plan calls for total special assessments of $18,286.60 on the properties in the district.