Sponsor
Alderman Shakoor
Title
Renewal of Professional Services Contract with Racine County Economic Development Corporation (RCEDC) for City's Brownfield Initiative
WHEREAS, sec. 46-268 of the Racine Municipal Code calls for the Redevelopment Authority to advise the Common Council on the use of Intergovernmental Revenue Sharing Funds.
Whereas, the proposed renewal of the services contract between the City and the Racine County Economic Development Corporation for the City’s brownfields initiative would use $70,000.00 in such funds.
WHEREAS, that the Redevelopment Authority supports the use of $70,000.00 from the Intergovernmental Revenue Sharing Fund for the renewal of the RCEDC brownfields initiative contract for 2017.
RESOLVED, that the Mayor and City Clerk are authorized and directed to enter into the agreement with RCEDC.
Fiscal Note: The funds are available in the city’s 2017 capital budget using Intergovernmental funds.