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.