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Subject: (Direct Referral) A request by the Racine County Economic Development Corporation (RCEDC) for review and approval of its 2016 Brownfields Redevelopment Contract. (Res No. 0045-16)
Recommendation of the Redevelopment Authority on 2/1/16: That the request by RCEDC for use of $66,650.00 from the Intergovernmental Revenue Sharing Fund for the renewal of the RCEDC Brownfields Initiative Contract for 2016 be approved. Further that the Mayor and City Clerk be authorized and directed to enter into the agreement with RCEDC.
Recommendation of the Finance and Personnel Committee on 2/8/16: That the request by RCEDC for use of $66,650.00 from the Intergovernmental Revenue Sharing Fund for the renewal of the RCEDC Brownfields Initiative Contract for 2016 be approved. Further that the Mayor and City Clerk be authorized and directed to enter into the agreement with RCEDC.
Fiscal Note: The funds are available in the city's 2016 capital budget using Intergovernmental Revenue Sharing Funds...
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