City of Racine - File #: 10-5819

• File #: 10-5819
• Version: A
• Name: RCEDC and City agreement
• Type: Communication
• Status: Passed
• File created: 11/18/2010
• In control: Finance and Personnel Committee
• Final action: 12/21/2010
• Title: Subject: Communication from the Director of City Development requesting that the City enter into an agreement with Racine County Economic Development Corporation for economic development services. (Res.10-2323) Recommendation of the Economic Development Committee on 11-30-10: That the agreement with RCEDC for economic development services be approved. Further, the Mayor and City Clerk be authorized to enter into an agreement with RCEDC for economic development services. Further, that this item be referred to the Finance and Personnel Committee for its recommendation and approval. Fiscal Note: Contract amount is $67,000, funding has been provided in the 2011 budget. Recommendation of the Finance & Personnel Committee on 12-13-10: That the Mayor and City Clerk be authorized and directed to enter into an agreement with RCEDC for Economic Development Services for the 2011 calendar year at a cost of $67,000. Fiscal Note: Funding of $67,000 is budgeted in 2011 in account 101.150.563...
• Related files: Res.10-2323

Date	Ver.	Action By	Action	Result
12/21/2010	A	Common Council	Approved as Presented	Pass
12/13/2010	A	Finance and Personnel Committee	Recommended For Approval	Pass
12/7/2010	A	Common Council	Referred	Pass
11/30/2010	A	Economic Development Committee	Referred	Pass

Title

Subject: Communication from the Director of City Development requesting that the City enter into an agreement with Racine County Economic Development Corporation for economic development services.  (Res.10-2323)

Recommendation of the Economic Development Committee on 11-30-10: That the agreement with RCEDC for economic development services be approved.

Further, the Mayor and City Clerk be authorized to enter into an agreement with RCEDC for economic development services.

Further, that this item be referred to the Finance and Personnel Committee for its recommendation and approval.

Fiscal Note: Contract amount is $67,000, funding has been provided in the 2011 budget.

Recommendation of the Finance & Personnel Committee on 12-13-10:  That the Mayor and City Clerk be authorized and directed to enter into an agreement with RCEDC for Economic Development Services for the 2011 calendar year at a cost of $67,000.

Fiscal Note:  Funding of $67,000 is budgeted in 2011 in account 101.150.5630.