Sponsor
Alderman Spangenberg
Title
RESOLUTION DECLARING PROPERTY TO BE BLIGHTED AND AUTHORIZING THE REDEVELOPMENT AUTHORITY TO ASSIST THE PRIVATE REDEVELOPMENT OF THE PROPERTY
WHEREAS, Section 66.1333 of the Wisconsin Statutes, as amended (the "Act"), states that it is the policy of this state to protect and promote the health, safety and general welfare of the people of the state in which blighted areas exist by the elimination and prevention of such areas through the utilization of all means appropriate for that purpose, thereby encouraging well-planned, integrated, stable, safe and healthful neighborhoods, the provision of healthful homes, a decent living environment and adequate places for employment of the people of this state and its communities in such areas; and
WHEREAS, this Common Council has heretofore created the Redevelopment Authority of the City of Racine (the "Authority") to eliminate or prevent substandard, deteriorated, obsolete and blighted areas in the City of Racine, Wisconsin (the "City"); and
WHEREAS, the Act authorizes the Authority to undertake certain activities within the City, for the purpose of carrying out redevelopment, blight elimination, blight prevention and urban renewal programs and projects as set forth in the Act, together with all powers necessary or incidental to effect adequate and comprehensive redevelopment, blight elimination, and urban renewal programs and projects; and
WHEREAS, the property in the City which is the object of this resolution is described as follows:
NE 1/4 + SE 1/4 SECTION 9-3-23 PCL 3 CSM NO 2240 REC MAY 2, 2000 VOL 6 CSM PGS 889-896, A REDIV OF PCL 2 CSM NO 1455, PT LOTS 1 + 12 BLK 3, BLK 4, BLK 6, VAC ST BETW BLKS 4 + 6, LOT 1 + PT LOTS 2, 15, 16 + VAC ALLEY BLK 8 ORIG PLAT OF RACINE, VAC LAKE AVE, PT VAC N WATER ST, VAC MAIN ST + PT VAC SECOND ST.
1.3054 AC MOL
Address: 141 Main Street, Racine, WI
Parcel ID No. 00021007
(the "Property”) has been proposed as the site for various public impr...
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