Title:
|
Subject: Communication sponsored by Mayor Mason, on behalf of the Director of City Development, seeking permission to apply for the US EPA Brownfield Cleanup Revolving Loan Fund (BC-RLF) Supplemental Grant for the City of Racine. (Grant Control# 00374)
Recommendation of the Finance and Personnel Committee on 04-12-2021: That the Director of City Development, or his designee, be authorized to act on behalf of the City to submit to the US EPA an application for a supplemental grant to the BC-RLF, sign all forms and documents necessary, pay all fees, and take necessary action to undertake, direct, complete, and submit the supplemental grant application.
Fiscal Note: The City will apply for the maximum amount of funding of $500,000. There are no required matches to receive this funding. Funds in the City’s BC-RLF are available to developers subject to a 20% funding match from the developers.
|