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File #: 15-01111    Version: A Name: Semi-Annual RLF Certification 9/30/15 (Res No. 0001-16)
Type: Communication Status: Committee Report To Council
File created: 12/30/2015 In control: Finance and Personnel Committee
On agenda: Final action: 1/19/2016
Title: Subject: (Direct Referral) A request from the Racine County Economic Development Corporation (RCEDC) to present the semi-annual plan certifications for the period ending September 30, 2015 for the City Revolving Loan Fund (City-RLF). (Res No. 0001-16) Recommendation of the Finance & Personnel Committee on January 11, 2016: That the City certify for the semi-annual reporting period ending September 30, 2015: 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
Attachments: 1. 9.30.2015 City RLF Final, 2. Communication to Mayor and CC- 9.30
Related files: Res.0001-16

Title

Subject: (Direct Referral) A request from the Racine County Economic Development Corporation (RCEDC) to present the semi-annual plan certifications for the period ending September 30, 2015 for the City Revolving Loan Fund (City-RLF). (Res No. 0001-16)

 

Recommendation of the Finance & Personnel Committee on January 11, 2016: That the City certify for the semi-annual reporting period ending September 30, 2015: 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