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File #: 0155-22    Version: A Name: Subject: Communication sponsored by Mayor Mason, on behalf of the Assistant Director of City Development, seeking permission to apply for the US EPA Brownfield Cleanup Revolving Loan Fund (BC-RLF) Supplemental Grant for the City of Racine. (Grant Control
Type: Communication Status: Passed
File created: 3/3/2022 In control: Finance and Personnel Committee
On agenda: 3/15/2022 Final action: 3/15/2022
Title: Subject: Communication sponsored by Mayor Mason, on behalf of the Assistant Director of City Development, seeking permission to apply for the US EPA Brownfield Cleanup Revolving Loan Fund (BC-RLF) Supplemental Grant for the City of Racine. (Grant Control # 00431) Recommendation of the Finance and Personnel Committee on 3-7-2022: That the Assistant Director of City Development, or his designee, be authorized to act on behalf of the City to submit to the US EPA an application for supplemental grant funding for the BC-RLF, sign all forms and documents necessary, pay all fees, and take necessary action to undertake, direct, complete, and submit the supplemental grant application. Fiscal Note: There is no cost associated with applying for supplemental funding. If awarded, the funds will be used by the City to loan to developers subject to a 20% funding match.
Attachments: 1. ABM USEPA BCRLF Supplemental Application (2022), 2. #0155-22 Resolution

Title

Subject: Communication sponsored by Mayor Mason, on behalf of the Assistant Director of City Development, seeking permission to apply for the US EPA Brownfield Cleanup Revolving Loan Fund (BC-RLF) Supplemental Grant for the City of Racine. (Grant Control # 00431)

 

Recommendation of the Finance and Personnel Committee on 3-7-2022: That the Assistant Director of City Development, or his designee, be authorized to act on behalf of the City to submit to the US EPA an application for supplemental grant funding for the BC-RLF, sign all forms and documents necessary, pay all fees, and take necessary action to undertake, direct, complete, and submit the supplemental grant application.

 

Fiscal Note: There is no cost associated with applying for supplemental funding. If awarded, the funds will be used by the City to loan to developers subject to a 20% funding match.