City of Racine - File #: 06-2188

• File #: 06-2188
• Version: A
• Name: Lincoln King TID
• Type: Communication
• Status: Passed
• File created: 6/30/2006
• In control: Finance and Personnel Committee
• Final action: 8/15/2006
• Title: Subject: Communication from the Executive Director of Neighborhood Housing Services requesting the creation of a Tax Increment Financing District to assist in the redevelopment of the site at 1014 Martin Luther King Drive. Recommendation of the Finance & Personnel Committee of 07-10-06: The item be deferred. Recommendation of City Plan Commission on 07-26-06: That the Plan Commission recommends approval of the creation of Tax Increment District Number 15 for the City of Racine and the proposed project plan for the district. Further, that the redevelopment project is consistent with City plans and programs. Recommendation of the Finance & Personnel Committee of 08-07-06: Approval of the establishment of Tax Increment District Number 15 and the proposed project plan for the property at 1014 Martin Luther King Drive. Fiscal Note: N/A
• Related files: 06-2454, Res.06-7185

Date	Ver.	Action By	Action	Result
8/15/2006	A	Common Council	Approved as Presented	Pass
8/7/2006	A	Finance and Personnel Committee	Recommended For Approval	Pass
7/26/2006	A	City Plan Commission	Recommended For Approval	Pass
7/10/2006	A	Finance and Personnel Committee	Deferred
7/5/2006	A	Common Council	Referred
7/5/2006	A	Common Council	Referred

Title

Subject: Communication from the Executive Director of Neighborhood Housing Services requesting the creation of a Tax Increment Financing District to assist in the redevelopment of the site at 1014 Martin Luther King Drive.

Recommendation of the Finance & Personnel Committee of 07-10-06:  The item be deferred.

Recommendation of City Plan Commission on 07-26-06: That the Plan Commission recommends approval of the creation of Tax Increment District Number 15 for the City of Racine and the proposed project plan for the district.

Further, that the redevelopment project is consistent with City plans and programs.

Recommendation of the Finance & Personnel Committee of 08-07-06:  Approval of the establishment of Tax Increment District Number 15  and the proposed project plan for the property at 1014 Martin Luther King Drive.

Fiscal Note:  N/A