City of Racine - File #: 11-7028

• File #: 11-7028
• Version: A
• Name: Subject: Communication from IDA Coordinator requesting that the city deposit matching funds for the continuation of the Individual Development Account Program in Racine. (Resolution No. 11-2811)
• Type: Communication
• Status: Passed
• File created: 10/18/2011
• In control: Loan Board of Review
• Final action: 11/1/2011
• Title: Subject: Communication from IDA Coordinator requesting that the city deposit matching funds for the continuation of the Individual Development Account Program in Racine. (Resolution No. 11-2811) Recommendation of the Loan Board of Review on 10-20-11: That $45,250 be advanced from Account #812 to Fund #260. Funds to be repaid to Account #812 as private-sector pledges are redeemed. Fiscal Note: There are sufficient funds for this recommendation.
• Related files: Res.11-2811

Date	Ver.	Action By	Action	Result
11/1/2011	A	Common Council	Approved as Presented	Pass
10/20/2011	A	Loan Board of Review	Recommended For Approval	Pass

Title

Subject: Communication from IDA Coordinator requesting that the city deposit matching funds for the continuation of the Individual Development Account Program in Racine.  (Resolution No. 11-2811)

Recommendation of the Loan Board of Review on 10-20-11: That $45,250 be advanced from Account #812 to Fund #260. Funds to be repaid to Account #812 as private-sector pledges are redeemed.

Fiscal Note: There are sufficient funds for this recommendation.