City of Racine - File #: 14-10794

• File #: 14-10794
• Version: A
• Name: Semi Annual Plan Cert City-RLF (Res. No. 14-0499)
• Type: Communication
• Status: Passed
• File created: 11/25/2014
• In control: Finance and Personnel Committee
• Final action: 12/16/2014
• Title: Subject: Communication from the Racine County Economic Development Corporation (RCEDC) requesting to present the semi-annual plan certifications for the period ending September 30, 2014 for the City Revolving Loan Fund (City-RLF). (Res. No. 14-0499) Recommendation of the Finance & Personnel Committee on 12-8-14: That the City certify for the semi-annual reporting period ending September 30, 2014: the City-Revolving Loan Fund (City-RLF) Plan is consistent with and supportive of the area's current economic and adjustment strategy; and the City-RLF is being operated in accordance with the policies and procedures contained in the City-RLF Plan and the loan portfolio meets the standards contained therein. Fiscal Note: N/A
• Related files: Res.14-0499

Date	Ver.	Action By	Action	Result
12/16/2014	A	Common Council	Approved as Presented	Pass
12/8/2014	A	Finance and Personnel Committee
12/2/2014	A	Common Council	Referred

Title

Subject: Communication from the Racine County Economic Development Corporation (RCEDC) requesting to present the semi-annual plan certifications for the period ending September 30, 2014 for the City Revolving Loan Fund (City-RLF). (Res. No. 14-0499)

Recommendation of the Finance & Personnel Committee on 12-8-14: That the City certify for the semi-annual reporting period ending September 30, 2014: the City-Revolving Loan Fund (City-RLF) Plan is consistent with and supportive of the area's current economic and adjustment strategy; and the City-RLF is being operated in accordance with the policies and procedures contained in the City-RLF Plan and the loan portfolio meets the standards contained therein.

Fiscal Note: N/A