City of Racine - File #: 07-0991

• File #: 07-0991
• Version: A
• Name: Acquiring 1511 Washington Avenue.
• Type: Communication
• Status: Committee Report To Council
• File created: 7/27/2007
• In control: Finance and Personnel Committee
• Final action: 8/21/2007
• Title: Subject: (Direct Referral) Request of the Executive Director for authorization to acquire 1511 Washington Avenue. Recommendation of Redevelopment Authority on 8-1-07: To approve of and allocate funding for the acquisition, and to adopt Redev. Resolution 07-16
• Related files: Res.07-0386

Date	Ver.	Action By	Action	Result
8/21/2007	A	Common Council	Approved as Presented	Pass
8/13/2007	A	Finance and Personnel Committee	Recommended For Approval	Pass
8/6/2007	A	Common Council	Referred
8/1/2007	A	Redevelopment Authority of the City of Racine	Recommended For Further Consideration	Pass

Title

Subject: (Direct Referral)  Request of the Executive Director for authorization to acquire 1511 Washington Avenue.

Recommendation of Redevelopment Authority on 8-1-07: To approve of and allocate funding for the acquisition, and to adopt Redev. Resolution 07-16

Fiscal Note:  Funds would be advanced from the 820 Commercial Corridor Fund.  Sufficient funds are available for this purpose.

Further to refer to Finance and Personnel Committee.

Recommendation of the Finance & Personnel Committee on 8-13-07:  Approve the acquisition of the property at 1511 Washington Avenue with an advance from Fund 820 in the amount of $109,000.

Fiscal Note:  $109,000.  Funds are available in  Fund 820.