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Subject: Communication sponsored by Mayor Mason regarding an amendment to the contract created under Res. 0177-19 with the Racine Revitalization Partnership to increase the loan amount and extend the construction deadline.
Recommendation of the CDBG Advisory Board on 5/9/2022: That the contract amendment to extend the deadline for initiating construction activities to 12/31/2022 and add up to $105,604.57 in program income for a total contract amount of up to $456,604.54 be approved.
Fiscal Note: There are sufficient CDBG funds to fund the staff recommendation.
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