City of Racine - File #: 0909-23

• File #: 0909-23
• Version: A
• Name: Public Hearing and consideration of Resolution 23-22 related to property owned by the Young Men’s Christian Assoc, of Racine, located at 725 Lake Avenue, for potential acquisition by the Community Development Authority of the City of Racine (CDA) for blig
• Type: Communication
• Status: Passed
• File created: 9/14/2023
• In control: Community Development Authority
• On agenda: 9/19/2023
• Final action: 9/18/2023
• Title: Subject: Consideration of a request from the Community Development Authority of the City of Racine (CDA) through CDA Resolution 23-22 related to property owned by the Young Men’s Christian Assoc, of Racine, located at 725 Lake Avenue, for potential acquisition by the CDA for blight elimination and redevelopment and that the CDA acquire such property notwithstanding that it is not in an existing redevelopment area. Recommendation of the Community Development Authority on 09-18-2023: That the Common Council find that a comprehensive redevelopment plan is not necessary to determine the need for the acquisition of the real estate at 725 Lake Avenue by the Community Development Authority of the City of Racine, the uses of the property after acquisition, and the relation of the acquisition to other property redevelopment by the Community Development Authority of the City of Racine. Fiscal Note: N/A as the CDA will be acquiring the property and City funds will not be used for property acqui...

Date	Ver.	Action By	Action	Result
9/19/2023	A	Common Council	Approved	Pass
9/19/2023	A	Common Council	Deferred	Fail
9/18/2023	A	Community Development Authority	Approved

Title

Subject: Consideration of a request from the Community Development Authority of the City of Racine (CDA) through CDA Resolution 23-22 related to property owned by the Young Men’s Christian Assoc, of Racine, located at 725 Lake Avenue, for potential acquisition by the CDA for blight elimination and redevelopment and that the CDA acquire such property notwithstanding that it is not in an existing redevelopment area.

Recommendation of the Community Development Authority on 09-18-2023: That the Common Council find that a comprehensive redevelopment plan is not necessary to determine the need for the acquisition of the real estate at 725 Lake Avenue by the Community Development Authority of the City of Racine, the uses of the property after acquisition, and the relation of the acquisition to other property redevelopment by the Community Development Authority of the City of Racine.

Fiscal Note: N/A as the CDA will be acquiring the property and City funds will not be used for property acquisition or recording of necessary documents.