City of Racine - File #: Res.0129-16

• File #: Res.0129-16
• Version: A
• Name: Racine Joint Venture II, LLC v. City of Racine, Case No. 2010-CV-1235
• Type: Resolution
• Status: Passed
• File created: 4/18/2016
• In control: City Attorney's Office
• On agenda: 4/18/2016
• Final action: 4/18/2016
• Title: Racine Joint Venture II, LLC v. City of Racine, Case No. 2010-CV-1235 Resolved, that the money judgment ordered in Case Number 10-CV-1235, Racine Joint Venture II, LLC vs. City of Racine, for refunds of 2009-2011 real estate property taxes in the amount of $440,284.20 are authorized to be paid. Fiscal Note: $225,000.00 from account 11202-56200 Contingency, $168,500.00 from account 11201-51500 Sick Leave Payout, and $66,500.00 from account 11201-51020 Unemployment Compensation, for a total of $460,000.00, be transferred to account 11202-53420 Misc. RE and PP Taxes Cancelled in the 2015 Budget.There are sufficient funds available for the transfer and payment.
• Sponsors: Q.A. Shakoor II
• Related files: 0278-16

Date	Ver.	Action By	Action	Result
4/18/2016	A	Common Council	Approved as Presented	Pass

Sponsor

Alderman Shakoor

Title

Racine Joint Venture II, LLC v. City of Racine, Case No. 2010-CV-1235

Resolved, that the money judgment ordered in Case Number 10-CV-1235, Racine Joint Venture II, LLC vs. City of Racine, for refunds of 2009-2011 real estate property taxes in the amount of $440,284.20 are authorized to be paid.

Fiscal Note: $225,000.00 from account 11202-56200 Contingency, $168,500.00 from account 11201-51500 Sick Leave Payout, and $66,500.00 from account 11201-51020 Unemployment Compensation, for a total of $460,000.00, be transferred to account 11202-53420 Misc. RE and PP Taxes Cancelled in the 2015 Budget.There are sufficient funds available for the transfer and payment.