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File #: 1004-23    Version: A Name:
Type: Communication Status: Failed
File created: 10/13/2023 In control: Community Development Authority
On agenda: Final action: 11/7/2023
Title: Subject: Consideration of request by the Community Development Authority of the City of Racine (CDA) through CDA Resolution 23-28 related to property owned by Michael Moradian, located at 821 Lake Avenue, for potential acquisition by the CDA for blight elimination and redevelopment and that the CDA acquire such property notwithstanding that it is not in an existing redevelopment area. Recommendation of the Community Development Authority on 10-16-23: That the Common Council find that a comprehensive redevelopment plan is not necessary to determine the need for the acquisition of the real estate at 821 Lake Avenue by the Community Development Authority of the City of Racine, the uses of the property after acquisition, and the relation of the acquisition to other property redevelopment by the Community Development Authority of the City of Racine. Fiscal Note: N/A as the CDA will be acquiring the property and City funds will not be used for property acquisition or recording of necessary...
Attachments: 1. ABM 821 Lake Ave., 2. CDA Resolution 23-28, 3. #1004-23 Resolution

Title

Subject: Consideration of request by the Community Development Authority of the City of Racine (CDA) through CDA Resolution 23-28 related to property owned by Michael Moradian, located at 821 Lake Avenue, for potential acquisition by the CDA for blight elimination and redevelopment and that the CDA acquire such property notwithstanding that it is not in an existing redevelopment area.

 

Recommendation of the Community Development Authority on 10-16-23: That the Common Council find that a comprehensive redevelopment plan is not necessary to determine the need for the acquisition of the real estate at 821 Lake Avenue by the Community Development Authority of the City of Racine, the uses of the property after acquisition, and the relation of the acquisition to other property redevelopment by the Community Development Authority of the City of Racine.


Fiscal Note: N/A as the CDA will be acquiring the property and City funds will not be used for property acquisition or recording of necessary documents.