City of Racine - File #: Res.12-3414

• File #: Res.12-3414
• Version: A
• Name: Authorization to Commit Matching Funds for Implementation Efforts Related to the Plan Titled "RootWorks - Revitalizing Racine's Urban River Corridor, Root River Corridor Redevelopment Plan."
• Type: Resolution
• Status: Passed
• File created: 11/7/2012
• In control: City Attorney's Office
• Final action: 11/7/2012
• Title: Authorization to Commit Matching Funds for Implementation Efforts Related to the Plan Titled "RootWorks - Revitalizing Racine's Urban River Corridor, Root River Corridor Redevelopment Plan." Resolved, that the Authority supports the use of $40,000 from the Intergovernmental Revenue Sharing Fund (Sewer Agreement) to assist the Racine County Economic Development Corporation (RCEDC) in its role as lead partner in the implementation of the plan titled "RootWorks - Revitalizing Racine's Urban River Corridor, Root River Corridor Redevelopment Plan" (the Plan). Further resolved, that the Authority recommends to the Common Council the use of Sewer Agreement funds to assist RCEDC in its role as lead partner in the implementation of the Plan. Fiscal Note: The City's funds of $40,000 will help leverage an additional $80,000 from two additional grant sources to support implementation efforts of the Plan.
• Sponsors: Q.A. Shakoor II
• Related files: 12-8285

Date	Ver.	Action By	Action	Result
11/7/2012	A	Common Council	Adopted	Pass

Sponsor

Alderman Shakoor

Title

Authorization to Commit Matching Funds for Implementation Efforts Related to the Plan Titled "RootWorks - Revitalizing Racine's Urban River Corridor, Root River Corridor Redevelopment Plan."

Resolved, that the Authority supports the use of $40,000 from the Intergovernmental Revenue Sharing Fund (Sewer Agreement) to assist the Racine County Economic Development Corporation (RCEDC) in its role as lead partner in the implementation of the plan titled "RootWorks - Revitalizing Racine's Urban River Corridor, Root River Corridor Redevelopment Plan" (the Plan).

Further resolved, that the Authority recommends to the Common Council the use of Sewer Agreement funds to assist RCEDC in its role as lead

partner in the implementation of the Plan.

Fiscal Note: The City's funds of $40,000 will help leverage an additional $80,000 from two additional grant sources to support implementation efforts of the Plan.