City of Racine - File #: Res.0051-17

• File #: Res.0051-17
• Version: A
• Name: RDA Resolution No. 17-05 - Redevelopment Authority Budget
• Type: Resolution
• Status: Passed
• File created: 2/22/2017
• In control: City Attorney's Office
• On agenda: 2/22/2017
• Final action: 2/22/2017
• Title: RDA Resolution No. 17-05 - Redevelopment Authority Budget Resolved, that funding allocated to the Redevelopment Authority (RDA) in various accounts in the 2017 City budget are to be consolidated into a single allocation account in order to better track projects of the Authority. Fiscal Note: Funds have been appropriated in the 2017 City budget for the programs and projects of the RDA. $100,000.00 of Business Development, $250,000.00 of Redevelopment Activities and $300,000.00 of Land Improvements for a total of $650,000.00 will be consolidated in the Allocation account. All RDA project expenditures will then be processed out of Racine Redevelopment Authority Fund 950.
• Sponsors: Q.A. Shakoor II
• Related files: 102-17

Date	Ver.	Action By	Action	Result
2/22/2017	A	Common Council	Approved as Presented	Pass

Sponsor

Alderman Shakoor

Title

RDA Resolution No. 17-05 - Redevelopment Authority Budget

Resolved, that funding allocated to the Redevelopment Authority (RDA) in various accounts in the 2017 City budget are to be consolidated into a single allocation account in order to better track projects of the Authority.

Fiscal Note: Funds have been appropriated in the 2017 City budget for the programs and projects of the RDA. $100,000.00 of Business Development, $250,000.00 of Redevelopment Activities and $300,000.00 of Land Improvements for a total of $650,000.00 will be consolidated in the Allocation account. All RDA project expenditures will then be processed out of Racine Redevelopment Authority Fund 950.