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Subject: Communication sponsored by Alder Land, on behalf of the Finance Director, requesting permission to enter into new agreement, Contract #2025290, with Housing Resources Inc. for Financial Empowerment Center (FEC) Management.
Recommendation of the Finance and Personnel Committee on 05-27-2025: That the Mayor and City Clerk be authorized to negotiate and execute Contract #2025290 with Housing Resources Inc. for Financial Empowerment Center (FEC) Management for the City of Racine.
Fiscal Note: Contract is in the amount of up to $200,000. Funds are available in account 20209 52200 10013 CFE Funding-Contracted Services-FEC.