City of Racine - File #: 913-17

• File #: 913-17
• Version: A
• Name: Machinery Row and FDP MR Development Agreement Update (Res. 0373-17)
• Type: Communication
• Status: Passed
• File created: 9/11/2017
• In control: Committee of the Whole
• Final action: 11/7/2017
• Title: Subject: (Direct Referral) Request by the City Administrator and the Executive Director of the Redevelopment Authority to present an update on the Machinery Row project and the development agreement between the City of Racine and FDP MR, LLC., and to seek approval for actions including but not limited to actions leading to future development. (Res. 0373-17) Recommendation of the Committee of the Whole on September 13, 2017: That the item be deferred for 60 days in anticipation of staff returning with additional financial and legal information to assist the formulation of Committee of the Whole action. Recommendation of the Committee of the Whole on October 31, 2017: to adopt the proposed resolution. Fiscal Note: Funding is set forth in the 2018 General Operating Budget and/or the 2018-2028 Capital Improvement Plan on file in the Office of the Finance Director.
• Related files: Res.0373-17

Date	Ver.	Action By	Action	Result
11/7/2017	A	Common Council	Approved	Pass
10/31/2017	A	Committee of the Whole	Recommended For Adoption	Pass
9/13/2017	A	Committee of the Whole	Deferred	Pass

Title

Subject: (Direct Referral) Request by the City Administrator and the Executive Director of the Redevelopment Authority to present an update on the Machinery Row project and the development agreement between the City of Racine and FDP MR, LLC., and to seek approval for actions including but not limited to actions leading to future development. (Res. 0373-17)

Recommendation of the Committee of the Whole on September 13, 2017: That the item be deferred for 60 days in anticipation of staff returning with additional financial and legal information to assist the formulation of Committee of the Whole action.

Recommendation of the Committee of the Whole on October 31, 2017:  to adopt the proposed resolution.

Fiscal Note: Funding is set forth in the 2018 General Operating Budget and/or the 2018-2028 Capital Improvement Plan on file in the Office of the Finance Director.