City of Racine - File #: 12-7890

• File #: 12-7890
• Version: A
• Name: TID No. 8 Project Plan Amend (Res. No. 12-3382)
• Type: Communication
• Status: Passed
• File created: 6/28/2012
• In control: City Plan Commission
• Final action: 10/16/2012
• Title: Subject: Communication from the Director of City Development requesting to amend the project plan of Tax Incremental District No. 8. (Res. No. 12-3382) Recommendation of the City Plan Commission on 10-10-12: That the resolution for the amendment of the project plan for TID No. 8 be approved. Fiscal Note: The Project Plan amendment is necessary to allow TID No. 8 to share approximately $4.2 million in tax increment with TID No. 10 over a five year period, after which the donor and recipient districts will close.
• Related files: Res.12-3382

Date	Ver.	Action By	Action	Result
10/16/2012	A	Common Council	Approved as Presented	Pass
10/10/2012	A	City Plan Commission	Recommended For Approval	Pass
7/2/2012	A	Common Council	Referred

Title

Subject: Communication from the Director of City Development requesting to amend the project plan of Tax Incremental District No. 8. (Res. No. 12-3382)

Recommendation of the City Plan Commission on 10-10-12: That the resolution for the amendment of the project plan for TID No. 8 be approved.

Fiscal Note: The Project Plan amendment is necessary to allow TID No. 8 to share approximately $4.2 million in tax increment with TID No. 10 over a five year period, after which the donor and recipient districts will close.