City of Racine - File #: 0214-24

• File #: 0214-24
• Version: A
• Name: Subject: Communication Sponsored by Alder McCarthy Regarding a Developer's Agreement for the Hoods Creek Phase 4 Development Project (HCP2 LLC, developer) Recommendation of the Waterworks Commission on 5/21/24: To Defer this Item until the Next Meeting
• Type: Communication
• Status: Passed
• File created: 3/8/2024
• In control: Finance and Personnel Committee
• On agenda: 9/3/2024
• Final action: 9/3/2024
• Title: Subject: Communication sponsored by Alder McCarthy, on behalf of the Waterworks Commission, requesting permission to enter into a Developer's Agreement for the Hoods Creek Phase 4 Development Project (HCP2 LLC, developer). Recommendation of the Waterworks Commission on 5/21/24: To Defer this Item until the Next Meeting Date. Recommendation of the Waterworks Commission on 8/20/24: To Approve with a Referral to the Finance & Personnel Committee. Recommendation of the Finance and Personnel Committee on 08-26-2024: That the Mayor and City Clerk be authorized and directed to enter into a Developer's Agreement for the Hoods Creek Phase 4 Development Project (HCP2 LLC, developer). Fiscal Note: The developer pays all costs associated with the installation of the main estimated at $170,000.

Date	Ver.	Action By	Action	Result
9/3/2024	A	Common Council	Approved as Presented	Pass
8/26/2024	A	Finance and Personnel Committee	Recommended For Approval
8/20/2024	A	Waterworks Commission	Referred	Pass
5/21/2024	A	Waterworks Commission	Deferred	Pass
5/21/2024	A	Waterworks Commission	Deferred	Pass

Title

Subject: Communication sponsored by Alder McCarthy, on behalf of the Waterworks Commission, requesting permission to enter into a Developer's Agreement for the Hoods Creek Phase 4 Development Project (HCP2 LLC, developer).

Recommendation of the Waterworks Commission on 5/21/24: To Defer this Item until the Next Meeting Date.

Recommendation of the Waterworks Commission on 8/20/24: To Approve with a Referral to the Finance & Personnel Committee.

Recommendation of the Finance and Personnel Committee on 08-26-2024: That the Mayor and City Clerk be authorized and directed to enter into a Developer's Agreement for the Hoods Creek Phase 4 Development Project (HCP2 LLC, developer).

Fiscal Note: The developer pays all costs associated with the installation of the main estimated at $170,000.