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File #: Res.12-2933    Version: A Name: Request that the City consider and approve the Industrial/Commercial Building Revolving Loan Fund Plan Certifications for the period ending September 30, 2011.
Type: Resolution Status: Passed
File created: 2/7/2012 In control: City Attorney's Office
On agenda: Final action: 2/7/2012
Title: Request that the City consider and approve the Industrial/Commercial Building Revolving Loan Fund Plan Certifications for the period ending September 30, 2011. Resolved, that the September 30, 2011 Industrial/Commercial Building Revolving Loan Fund Plan Certifications is approved. Fiscal Note: This fund was capitalized with $600,000 grant from EDA and $400,000 from the City of Racine to provide debt financing for redevelopment projects in the City.
Sponsors: Q.A. Shakoor II
Related files: 12-7256
Sponsor
Alderman Shakoor
 
Title
Request that the City consider and approve the Industrial/Commercial Building Revolving Loan Fund Plan Certifications for the period ending September 30, 2011.
 
Resolved, that the September 30, 2011 Industrial/Commercial Building Revolving Loan Fund Plan Certifications is approved.
 
Fiscal Note: This fund was capitalized with $600,000 grant from EDA and $400,000 from the City of Racine to provide debt financing for redevelopment projects in the City.