Sponsor
Alderman Shakoor
Title
Professional Services Contract with Racine County Economic Development Corporation (RCEDC) for General Economic Development Services
WHEREAS, as in preceding years, the Department of City Development has set aside in its 2016 budget $69,000.00 for economic development services.
Whereas, the proposed services contract between the City and Racine County Economic Development Corporation for general economic development services is for $80,000.00 in such funds, representing a 15% increase in funding.
WHEREAS, the Redevelopment Authority supports the use of $80,000.00 from the Department of City Development 2017 budget for the general economic development services contract for 2017.
RESOLVED, the Mayor and City Clerk are authorized and directed to enter into the agreement with RCEDC.
Fiscal Note: Funds have been set aside in the Department of City Development’s 2017 budget under line item 16002 52260 Economic Development.