City of Racine - File #: 08-3054

• File #: 08-3054
• Version: A
• Name: RCEDC commercial corridor development contract
• Type: Communication
• Status: Passed
• File created: 12/29/2008
• In control: Finance and Personnel Committee
• Final action: 2/3/2009
• Title: Subject: (Direct Referral) Request of the Executive Director for approval of a contract with RCEDC for commercial corridor development services. (Res.09-1204) Recommendation of the Redevelopment Authority on 1-07-09: That $69,400.00 from the Intergovernmental Revenue Sharing Fund be used for the renewal of the RCEDC commercial corridor contract for 2009. Further, that the Mayor and City Clerk be authorized and directed to enter into the agreement with RCEDC. Further, that the proposed agreement be referred to the Finance and Personnel Committee of the Common Council for review and approval. Fiscal Note: The funds are available in the city’s 2009 capital budget. Recommendation of the Finance & Personnel Committee on 1-26-09: The Acting Mayor and City Clerk be authorized and directed to enter into an agreement between the City of Racine and the Racine County Economic Development Corporation (RCEDC) to provide economic development assistance to the City, commencing on January 1, 20...
• Related files: Res.09-1204

Date	Ver.	Action By	Action	Result
2/3/2009	A	Common Council	Approved as Presented	Pass
1/26/2009	A	Finance and Personnel Committee
1/20/2009	A	Common Council	Referred
1/7/2009	A	Redevelopment Authority of the City of Racine	Recommended For Approval	Pass

Title

Subject: (Direct Referral) Request of the Executive Director for approval of a contract with RCEDC for commercial corridor development services.  (Res.09-1204)

Recommendation of the Redevelopment Authority on 1-07-09: That $69,400.00 from the Intergovernmental Revenue Sharing Fund be used for the renewal of the RCEDC commercial corridor contract for 2009.

Further, that the Mayor and City Clerk be authorized and directed to enter into the agreement with RCEDC.

Further, that the proposed agreement be referred to the Finance and Personnel Committee of the Common Council for review and approval.

Fiscal Note: The funds are available in the city's 2009 capital budget.

Recommendation of the Finance & Personnel Committee on 1-26-09:  The Acting Mayor and City Clerk be authorized and directed to enter into an agreement between the City of Racine and the Racine County Economic Development Corporation (RCEDC) to provide economic development assistance to the City, commencing on January 1, 2009 to December 31, 2009.

Fiscal Note:  Funds are available in account 919-000-5610 Professional Services-Commercial Corridors.