City of Racine - File #: Res.14-0208

• File #: Res.14-0208
• Version: A
• Name: Wisconsin Economic Development Corporation Site Assessment Grant for Property at 1505 High Street
• Type: Resolution
• Status: Passed
• File created: 5/20/2014
• In control: Redevelopment Authority of the City of Racine
• Final action: 7/15/2014
• Title: Wisconsin Economic Development Corporation Site Assessment Grant for Property at 1505 High Street Resolved, that permission is granted to the Redevelopment Authority to request funds and assistance available from the WEDC under the assessment grant, subject to the amended fiscal note, and complies with the rules for the program. Further resolved, that Brian F. O'Connell, Executive Director, or his authorized agent, act on the behalf of the Authority to: submit an application to Wisconsin Economic Development Corporation to aid in the site assessment of 1505 High Street; sign all documents; and take necessary action to undertake, direct, and complete approved grant activities. Fiscal Note: The grant request is for $100,000.00 with a match requirement between 20% and 50%. The City's portion of the project's match will be from the City's new FY14 EPA Site Assessment Grant. City General Revenue funds of $2,000 will be used for preparation of the site workplan and to fulfill the technica...
• Sponsors: James Morgenroth
• Related files: 14-10111

Date	Ver.	Action By	Action	Result
7/15/2014	A	Common Council	Adopted	Pass
7/7/2014	A	Redevelopment Authority of the City of Racine	Recommended For Approval	Pass
6/17/2014	A	Common Council	Referred	Pass
6/9/2014	A	Finance and Personnel Committee
5/20/2014	A	Common Council	Referred	Pass

Sponsor

Alderman Morgenroth

Title

Wisconsin Economic Development Corporation Site Assessment Grant for Property at 1505 High Street

Resolved, that permission is granted to the Redevelopment Authority to request funds and assistance available from the WEDC under the assessment grant, subject to the amended fiscal note, and complies with the rules for the program.

Further resolved, that Brian F. O'Connell, Executive Director, or his authorized agent, act on the behalf of the Authority to: submit an application to Wisconsin Economic Development Corporation to aid in the site assessment of 1505 High Street; sign all documents; and take necessary action to undertake, direct, and complete approved grant activities.

Fiscal Note: The grant request is for $100,000.00 with a match requirement between 20% and 50%. The City's portion of the project's match will be from the City's new FY14 EPA Site Assessment Grant. City General Revenue funds of $2,000 will be used for preparation of the site workplan and to fulfill the technical reporting under the grant.