City of Racine - File #: 15-00955

• File #: 15-00955
• Version: A
• Name: Development Agreement Extension (Res No. 15-0411)
• Type: Communication
• Status: Passed
• File created: 10/22/2015
• In control: Redevelopment Authority of the City of Racine
• Final action: 11/3/2015
• Title: Subject: (Direct Referral) Consideration of certain amendments to the development agreement between the Redevelopment Authority of the City of Racine, the City of Racine, and FDP MR, LLC. (Res No. 15-0411) Recommendation of the Redevelopment Authority on 10-26-15: That the First Amendment to the Development Agreement between FDP MR, LLC, the City of Racine and the Redevelopment Authority of the City of Racine as executed on February 4, 2015, be entered into. Further, that the Mayor, City Clerk, City Finance Director, City Attorney, the Authority Chairman, and the Acting Executive Director of the Authority be authorized to sign all documents, and take all necessary action to undertake, direct, and complete the execution of the First Amendment. Fiscal Note: The cost to engage the services of a consultant to assist in project planning and management are to be paid from funds placed in escrow by FDP.
• Related files: Res.15-0411

Date	Ver.	Action By	Action	Result
11/3/2015	A	Common Council	Adopted	Pass
10/26/2015	A	Redevelopment Authority of the City of Racine	Recommended For Approval	Pass

Title

Subject: (Direct Referral) Consideration of certain amendments to the development agreement between the Redevelopment Authority of the City of Racine, the City of Racine, and FDP MR, LLC. (Res No. 15-0411)

Recommendation of the Redevelopment Authority on 10-26-15: That the First Amendment to the Development Agreement between FDP MR, LLC, the City of Racine and the Redevelopment Authority of the City of Racine as executed on February 4, 2015, be entered into.

Further, that the Mayor, City Clerk, City Finance Director, City Attorney, the Authority Chairman, and the Acting Executive Director of the Authority be authorized to sign all documents, and take all necessary action to undertake, direct, and complete the execution of the First Amendment.

Fiscal Note: The cost to engage the services of a consultant to assist in project planning and management are to be paid from funds placed in escrow by FDP.