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File #: 06-1589    Version: A Name: Blighted property at 141 Main Street
Type: Communication Status: Committee Report To Council
File created: 2/22/2006 In control: Redevelopment Authority of the City of Racine
On agenda: Final action: 3/7/2006
Title: Subject: Direct Referral. Request to declare blighted the property at 141 Main Street for the purpose of providing financial assistance to the State and Main redevelopment project and submitting proposed redevelopment to Common Council for approval. Recommendation: Adopt Resolution declaring the property is blighted and authorizing the Redevelopment Authority to assist the private redevelopment of the property. Fiscal Note: Preliminary step before issuing of bond (Municipal Revenue Obligation) for the project.

Title

Subject:  Direct Referral.  Request to declare blighted the property at 141 Main Street for the purpose of providing financial assistance to the State and Main redevelopment project and submitting proposed redevelopment to Common Council for approval.

 

Recommendation: Adopt Resolution declaring the property is blighted and authorizing the Redevelopment Authority to assist the private redevelopment of the property.

 

Fiscal Note:  Preliminary step before issuing of bond (Municipal Revenue Obligation) for the project.