City of Racine - File #: 06-2589

• File #: 06-2589
• Version: A
• Name: Declaring blighted properties on Michigan Blvd between Dodge & Hamilton Streets for Pointe Blue redevelopment project
• Type: Communication
• Status: Committee Report To Council
• File created: 9/28/2006
• In control: Redevelopment Authority of the City of Racine
• Final action: 11/9/2006
• Title: Subject: (Direct Referral). Request of the Executive Director to declare blighted properties on both sides of Michigan Boulevard between Dodge and Hamilton Streets for the purpose of providing financial assistance to the Pointe Blue redevelopment project and submit the proposed redevelopment to the Common Council for approval. Recommendation of the Redevelopment Authority 10-04-06: To adopt Redevelopment Authority Resolution 06-17 declaring the properties on both sides of Michigan Boulevard between Dodge and Hamilton Strees as blighted. Fiscal Note: N/A Recommendation of the Redevelopment Authority 11-09-06: That the Common Council approve the following: · The findings that the subject properties are blighted under Wisconsin Statutes section 1333 and that a comprehensive redevelopment plan under Wisconsin Statutes section 1333 is not necessary for this redevelopment, and · That the Authority is authorized to assist the private acquisition and redevelopment of the subject proper...
• Related files: Res.06-7311

Date	Ver.	Action By	Action	Result
11/21/2006	A	Common Council	Approved as Presented	Pass
11/9/2006	A	Redevelopment Authority of the City of Racine	Approved	Pass
10/4/2006	A	Redevelopment Authority of the City of Racine	Approved	Pass

Title

Subject:  (Direct Referral).  Request of the Executive Director to declare blighted properties on both sides of Michigan Boulevard between Dodge and Hamilton Streets for the purpose of providing financial assistance to the Pointe Blue redevelopment project and submit the proposed redevelopment to the Common Council for approval.

Recommendation of the Redevelopment Authority 10-04-06:  To adopt Redevelopment Authority Resolution 06-17 declaring the properties on both sides of Michigan Boulevard between Dodge and Hamilton Strees as blighted.  

Fiscal Note: N/A

Recommendation of the Redevelopment Authority 11-09-06: That the Common Council approve the following:

·      The findings that the subject properties are blighted under Wisconsin Statutes section 1333 and that a comprehensive redevelopment plan under Wisconsin Statutes section 1333 is not necessary for this redevelopment, and

·      That the Authority is authorized to assist the private acquisition and redevelopment of the subject properties.

Further that Redevelopment Authority Resolution 06-17 be adopted.

Fiscal Note: This action will allow the financial assistance approved for the project in the adopted development agreement and Tax Increment District Plan to be provided through the Redevelopment Authority. This action does not change the amount of assistance to be provided or the terms of the development agreement; it simply allows the Authority to provide assistance.