Title
Subject: Communication from Kelly M. Semrau; Vice President, Global Public Affairs and Communication and Executive Vice President - The SC Johnson Fund, Inc.; requesting that the City of Racine be allowed to accept a grant from SC Johnson in an amount up to $510,000 to be used toward underwriting the cost of renovation of the Laurel Clark Memorial Fountain on Sam Johnson Parkway in Downtown Racine. (Res.10-2350)
Recommendation of the Finance & Personnel Committee on 12-27-10: To accept a grant from SC Johnson in an amount up to $510,000 to be used toward underwriting the cost of renovation of the Laurel Clark Memorial Fountain on Sam Johnson Parkway in Downtown Racine.
Fiscal Note: The grant would underwrite the cost of renovation. Payment on this grant would be on a mutually agreed-to schedule to reflect out-of-pocket costs the City generates in implementing the renovation plan.