City of Racine - File #: 11-6384

• File #: 11-6384
• Version: A
• Name: Communication from the Alderman of the Second District to the Finance & Personnel Committee asking that the interest rate on special assessments for street improvements be lowered from the current eight percent (8%) to the then current rate at which the C
• Type: Communication
• Status: Passed
• File created: 4/29/2011
• In control: Finance and Personnel Committee
• Final action: 3/5/2013
• Title: Subject: Communication from the Alderman of the Second District to the Finance & Personnel Committee asking that the interest rate on special assessments for street improvements be lowered from the current eight percent (8%) to the then current rate at which the City of Racine is borrowing money for obligations of not less than 10 years. Recommendation of the Finance & Personnel Committee on 5-9-11: That this item be deferred for one month until more information is available. Recommendation of the Finance & Personnel Committee on 2-27-13: Receive and File. Fiscal note: N/A

Date	Ver.	Action By	Action	Result
3/5/2013	A	Common Council	Approved as Presented	Pass
2/27/2013	A	Finance and Personnel Committee
5/9/2011	A	Finance and Personnel Committee	Deferred	Pass
5/3/2011	A	Common Council	Referred

Title

Subject: Communication from the Alderman of the Second District to the Finance & Personnel Committee asking that the interest rate on special assessments for street improvements be lowered from the current eight percent (8%) to the then current rate at which the City of Racine is borrowing money for obligations of not less than 10 years.

Recommendation of the Finance & Personnel Committee on 5-9-11: That this item be deferred for one month until more information is available.

Recommendation of the Finance & Personnel Committee on 2-27-13:  Receive and File.

Fiscal note: N/A