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File #: 0993-19    Version: A Name:
Type: Communication Status: Passed
File created: 8/30/2019 In control: Mayor's Office
On agenda: 9/3/2019 Final action: 9/3/2019
Title: Subject: (Direct Referral) Communication from Mayor Mason requesting to approve the Amendment to the Tax Increment Financing Agreement; Promissory Note; and Vacant Land Offer to Purchase between the City of Racine and Racine Harborside, LLC for the @North Beach Project memorializing the City’s commitment to cover the extraordinary costs of extending sanitary sewer infrastructure; amending certain incentives required to fulfill the project; and extending the closing date for land purchase.
Attachments: 1. @North Beach Offer to Purchase Amendment.pdf, 2. @North Beach TID Amendment.pdf, 3. CITY OF RACINE ABM - @NorthBeach amend.pdf, 4. @North Beach Promissory Note Amendment.pdf, 5. ABM - @North Beach Amend of TID.pdf

Title

Subject: (Direct Referral) Communication from Mayor Mason requesting to approve the Amendment to the Tax Increment Financing Agreement; Promissory Note; and Vacant Land Offer to Purchase between the City of Racine and Racine Harborside, LLC for the @North Beach Project memorializing the City’s commitment to cover the extraordinary costs of extending sanitary sewer infrastructure; amending certain incentives required to fulfill the project; and extending the closing date for land purchase.