Sponsor
Alderman Friedel
Title
Permission to enter into agreement with Racine County Economic Development Corporation
Resolved, that the Acting Mayor and City Clerk be authorized and directed to enter into an agreement between the City of Racine and the Racine County Economic Development Corporation (RCEDC) to provide economic development assistance to the City, commencing on January 1, 2009 to December 31, 2009.
Further resolved, that $69,400.00 from the Intergovernmental Revenue Sharing Fund be used for the renewal of the RCEDC commercial corridor contract for 2009.
Fiscal Note: Funds are available in account 919-000-5610, Professional Services-Commercial Corridors.