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File #: 10-5118    Version: A Name: TID No. 2 extension and sharing with TID No. 14
Type: Communication Status: Passed
File created: 5/7/2010 In control: City Plan Commission
On agenda: Final action: 6/1/2010
Title: Subject: Communication from the Director of City Development requesting to amend the project plan for Tax Incremental District No. 2 to extend the life of the district and allow for the sharing of tax increment with Tax Incremental District No. 14. Recommendation: To be determined by Commission on June 1, 2010. Information will be provided to Council members prior to the meeting. Recommendation of the City Plan Commission on 6-1-10: That as described in Plan Commission Resolution 10-0002, the project plan amendment be approved. Fiscal Note: Funds from TID No. 2 will be used to implement the amended project plan of TID No. 14.
Attachments: 1. TID No. 2 request, 2. Racine TID No. 2 Project Plan_DRAFT_5-12-2010, 3. TID 14, 2 Plan Commission Resolutions
Related files: Res.10-2064
Title
Subject: Communication from the Director of City Development requesting to amend the project plan for Tax Incremental District No. 2 to extend the life of the district and allow for the sharing of tax increment with Tax Incremental District No. 14.
 
Recommendation: To be determined by Commission on June 1, 2010.  Information will be provided to Council members prior to the meeting.
 
Recommendation of the City Plan Commission on 6-1-10: That as described in Plan Commission Resolution 10-0002, the project plan amendment be approved.
 
Fiscal Note: Funds from TID No. 2 will be used to implement the amended project plan of TID No. 14.