City of Racine - File #: 09-4294

• File #: 09-4294
• Version: A
• Name: Commissioner of Public Works/City Engineer requesting funding for ARRA energy projects due to delays in recovering federal funds.
• Type: Communication
• Status: Passed
• File created: 10/15/2009
• In control: Finance and Personnel Committee
• Final action: 11/3/2009
• Title: Subject: Communication from the Commissioner of Public Works/City Engineer requesting funding for ARRA energy projects due to delays in recovering federal funds. (Res.09-1669) Recommendation of the Finance & Personnel Committee on 10-26-09: Recommend that up to $795,000 be advanced from City funds to begin work on ARRA Energy Projects with the stipulation the City receive a letter guaranteeing the Federal Government will be issuing the funds and allowing the City to spend the money before they issue the City a line of credit. Fiscal Note: There are sufficient funds available for the advance.
• Related files: Res.09-1669

Date	Ver.	Action By	Action	Result
11/3/2009	A	Common Council	Approved as Presented	Pass
10/26/2009	A	Finance and Personnel Committee
10/20/2009	A	Common Council	Referred

Title

Subject: Communication from the Commissioner of Public Works/City Engineer requesting funding for ARRA energy projects due to delays in recovering federal funds.  (Res.09-1669)

Recommendation of the Finance & Personnel Committee on 10-26-09:  Recommend that up to $795,000 be advanced from City funds to begin work on ARRA Energy Projects with the stipulation the City receive a letter guaranteeing the Federal Government will be issuing the funds and allowing the City to spend the money before they issue the City a line of credit.  

Fiscal Note:  There are sufficient funds available for the advance.