City of Racine - File #: 0147-25

• File #: 0147-25
• Version: A
• Name: Subject: Communication sponsored by Mayor Mason, on behalf of the Finance Director, requesting permission to enter into a professional services agreement with Baker Tilly Advisory Group, LP to assist the City with how to Determine, Preserve, Enhance and C
• Type: Communication
• Status: Passed
• File created: 2/11/2025
• In control: Finance and Personnel Committee
• On agenda: 3/4/2025
• Final action: 3/4/2025
• Title: Subject: Communication sponsored by Mayor Mason, on behalf of the Finance Director, requesting permission to enter into a professional services agreement with Baker Tilly Advisory Group, LP to assist the City with how to Determine, Preserve, Enhance and Claim the IRA 22 tax credits eligible for the Lincoln King Community Center Clinic project. Recommendation of the Finance and Personnel Committee on 02-24-2025: Motion to approve contract with review back to the Finance and Personnel Committee after phase 2; and that the Mayor and City Clerk be granted permission to enter into a professional services agreement with Baker Tilly Advisory Group, LP to assist the City with how to Determine, Preserve, Enhance and Claim the IRA 22 tax credits eligible for the Lincoln King Community Center Clinic project. Fiscal Note: Contract cost is $146,500. Funding available in 45010 52100 22912. It is currently estimated that the City, because of these services, will receive between $1.3M-$2.0M in ...

Date	Ver.	Action By	Action	Result
3/4/2025	A	Common Council	Approved	Pass
2/24/2025	A	Finance and Personnel Committee	Recommended For Approval
2/19/2025	A	Common Council

Title

Subject: Communication sponsored by Mayor Mason, on behalf of the Finance Director, requesting permission to enter into a professional services agreement with Baker Tilly Advisory Group, LP to assist the City with how to Determine, Preserve, Enhance and Claim the IRA 22 tax credits eligible for the Lincoln King Community Center Clinic project. 

Recommendation of the Finance and Personnel Committee on 02-24-2025: Motion to approve contract with review back to the Finance and Personnel Committee after phase 2; and that the Mayor and City Clerk be granted permission to enter into a professional services agreement with Baker Tilly Advisory Group, LP to assist the City with how to Determine, Preserve, Enhance and Claim the IRA 22 tax credits eligible for the Lincoln King Community Center Clinic project.  

Fiscal Note: Contract cost is $146,500. Funding available in 45010 52100 22912. It is currently estimated that the City, because of these services, will receive between $1.3M-$2.0M in direct pay energy credits.