City of Racine - File #: 1354-19

• File #: 1354-19
• Version: A
• Type: Communication
• Status: Passed
• File created: 12/6/2019
• In control: Finance and Personnel Committee
• On agenda: 12/17/2019
• Final action: 12/17/2019
• Title: Subject: Communication sponsored by Alder Jung authorizing the Mayor and City Clerk to sign and execute a subordination agreement related to an existing HOME loan at 1418 Washington Avenue owned by Racine Revitalization Partnership. Recommendation of the Finance & Personnel Committee on 12-09-2019: That authorization be granted to the Mayor and City Clerk to sign and execute a subordination agreement related to an existing HOME loan at 1418 Washington Avenue owned by Racine Revitalization Partnership. Fiscal Note: This action does not commit any additional funds to the rehabilitation project at 1418 Washington Avenue.

Date	Ver.	Action By	Action	Result
12/17/2019	A	Common Council	Approved as Presented	Pass
12/9/2019	A	Finance and Personnel Committee	Recommended For Approval	Pass

Title

Subject: Communication sponsored by Alder Jung authorizing the Mayor and City Clerk to sign and execute a subordination agreement related to an existing HOME loan at 1418 Washington Avenue owned by Racine Revitalization Partnership.

Recommendation of the Finance & Personnel Committee on 12-09-2019: That authorization be granted to the Mayor and City Clerk to sign and execute a subordination agreement related to an existing HOME loan at 1418 Washington Avenue owned by Racine Revitalization Partnership.

Fiscal Note: This action does not commit any additional funds to the rehabilitation project at 1418 Washington Avenue.