City of Racine - File #: 10-5818

• File #: 10-5818
• Version: A
• Name: I/C BRLF Certifications
• Type: Communication
• Status: Passed
• File created: 11/18/2010
• In control: Economic Development Committee
• Final action: 12/7/2010
• Title: Subject: Communication from the Executive Director of the Racine County Economic Development Corporation requesting that the City consider and approve the Industrial/Commercial Building Revolving Loan Fund Plan Certifications for the periods ending March 31, 2010 and September 30, 2010. (Res.10-2316) Recommendation of the Economic Development Committee on 11-30-10: That the March 31, 2010 and September 30, 2010 Industrial/Commerical Building Revolving Loan Fund Plan Certifications be approved. Fiscal Note: This fund was capitalized with $600,000 grant from EDA and $400,000 from the City of Racine to provide debt financing for redevelopment projects in the City.
• Related files: Res.10-2316

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

Title

Subject: Communication from the Executive Director of the Racine County Economic Development Corporation requesting that the City consider and approve the Industrial/Commercial Building Revolving Loan Fund Plan Certifications for the periods ending March 31, 2010 and September 30, 2010.  (Res.10-2316)

Recommendation of the Economic Development Committee on 11-30-10: That the March 31, 2010 and September 30, 2010 Industrial/Commerical Building Revolving Loan Fund Plan Certifications be approved.

Fiscal Note: This fund was capitalized with $600,000 grant from EDA and $400,000 from the City of Racine to provide debt financing for redevelopment projects in the City.