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File #: 0074-20    Version: A Name: Subject: Communication sponsored by Mayor Mason requesting to approve an amendment to the Developer Incentive Agreement between the City of Racine, Racine RDA, and Cardinal Capital Management for the redevelopment of the former Walker manufacturing -Ajax
Type: Communication Status: Passed
File created: 1/30/2020 In control: Mayor's Office
On agenda: Final action: 2/4/2020
Title: Subject: Communication sponsored by Mayor Mason requesting to approve an amendment to resolution 0327-18 and resolution 1268-19, amending the Developer Incentive Agreement and CDBG loan between the City of Racine, Racine RDA, and Cardinal Capital Management for the redevelopment of the former Walker manufacturing -Ajax industrial property at 1520 and 1536 Clark Street, related specifically to the division of ownership of the property between a market rate owner and an affordable owner under the terms of the Agreements.
Related files: Res.0327-18, 1268-19

Title

Subject: Communication sponsored by Mayor Mason requesting to approve an amendment to resolution 0327-18 and resolution 1268-19, amending the Developer Incentive Agreement and CDBG loan between the City of Racine, Racine RDA, and Cardinal Capital Management for the redevelopment of the former Walker manufacturing -Ajax industrial property at 1520 and 1536 Clark Street, related specifically to the division of ownership of the property between a market rate owner and an affordable owner under the terms of the Agreements.