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Subject: Communication from Mayor Becker asking that the Committee formulate a policy on how to treat taxation of the Racine Zoological Society acquisitions. (Res.08-1017)
Recommendation of the Finance & Personnel Committee on 09-08-08: The City of Racine budget for and pay the local share of the 2008 Real Estate property tax bill issued in December 2008 for 210 Goold Street (parcel #05937000) owned by the Racine Zoological Society, Inc. Payment to be applied in the 2009 budget year.
Fiscal Note: The estimated local share is $1,550.00