City of Racine - File #: 10-5146

• File #: 10-5146
• Version: A
• Name: TID 14 amendment
• Type: Communication
• Status: Passed
• File created: 5/13/2010
• In control: Standing Joint Review Board
• Final action: 7/6/2010
• Title: Subject: (Direct Referral) Amendment to the Project Plan of Tax Incremental District No. 14, City of Racine. Recommendation of the Standing Joint Review Board on 6-22-10: Reports, pursuant to sec.66-1105 (4m)(b), Wisconsin Statutes, that the Joint Review Board met on June 22, 2010 and approved the amendment to the Project Plan of Tax Incremental District No. 14 as described in your Resolution 10-2063, and Recommends that this item be received and filed. Fiscal Note: This amendment revises the TID plan and budget so the city can undertake pre-development planning, engineering and improvements within the district, which includes the former Walker property. The cost of the pre-development work will be covered by the shared increment from TID-2.

Date	Ver.	Action By	Action	Result
7/6/2010	A	Common Council	Approved as Presented	Pass
6/22/2010	A	Standing Joint Review Board	Recommended For Approval	Pass
5/26/2010	A	Standing Joint Review Board	Deferred	Pass

Title

Subject: (Direct Referral) Amendment to the Project Plan of Tax Incremental District No. 14, City of Racine.

Recommendation of the Standing Joint Review Board on 6-22-10: Reports, pursuant to sec.66-1105 (4m)(b), Wisconsin Statutes, that the Joint Review Board met on June 22, 2010 and approved the amendment to the Project Plan of Tax Incremental District No. 14 as described in your Resolution 10-2063, and

Recommends that this item be received and filed.

Fiscal Note: This amendment revises the TID plan and budget so the city can undertake pre-development planning, engineering and improvements within the district, which includes the former Walker property.  The cost of the pre-development work will be covered by the shared increment from TID-2.