City of Racine - File #: 11-7170

• File #: 11-7170
• Version: A
• Name: RCEDC 2012 Entrepreneurship Initiative (Res. 12-2926)
• Type: Communication
• Status: Passed
• File created: 12/1/2011
• In control: Finance and Personnel Committee
• Final action: 2/7/2012
• Title: Subject: (Direct Referral) Communication from the Racine County Economic Development Corporation submitting for review and approval its 2012 Entrepreneurship Initiative contract with the City. (Res. 12-2926) Recommendation of the Redevelopment Authority on 1-3-12: That the Authority supports the use of $69,400 from the Intergovernmental Revenue Sharing Fund for the Entrepreneurship Initiative contract for 2012. Further recommends that the Mayor and City Clerk be authorized and directed to enter into the agreement with RCEDC. Further recommends that the proposed agreement be referred to the Finance and Personnel Committee of the Common Council for its review and approval. Recommendation of the Finance & Personnel Committee on 1-23-12: To approve the Racine County Economic Development Corporation's 2012 Entrepreneurship Initiative contract with the City and that specific metrics be delivered to the Committee by the next scheduled Finance & Personnel Committee meeting. Fiscal Note: ...
• Related files: Res.12-2926

Date	Ver.	Action By	Action	Result
2/7/2012	A	Common Council	Approved as Presented	Pass
1/23/2012	A	Finance and Personnel Committee	Recommended For Approval	Pass
1/17/2012	A	Common Council	Referred	Pass
1/3/2012	A	Redevelopment Authority of the City of Racine	Recommended For Further Consideration	Pass

Title

Subject: (Direct Referral) Communication from the Racine County Economic Development Corporation submitting for review and approval its 2012 Entrepreneurship Initiative contract with the City. (Res. 12-2926)

Recommendation of the Redevelopment Authority on 1-3-12: That the Authority supports the use of $69,400 from the Intergovernmental Revenue Sharing Fund for the Entrepreneurship Initiative contract for 2012.

Further recommends that the Mayor and City Clerk be authorized and directed to enter into the agreement with RCEDC.

Further recommends that the proposed agreement be referred to the Finance and Personnel Committee of the Common Council for its review and approval.

Recommendation of the Finance & Personnel Committee on 1-23-12:  To approve the Racine County Economic Development Corporation's 2012 Entrepreneurship Initiative contract with the City and that specific metrics be delivered to the Committee by the next scheduled Finance & Personnel Committee meeting.

Fiscal Note: The funds, $69,400, are available in the city's 2012 capital budget.