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File #: 0237-21    Version: A Name:
Type: Communication Status: Passed
File created: 3/29/2021 In control: Finance and Personnel Committee
On agenda: 4/19/2021 Final action: 4/19/2021
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.
Attachments: 1. ABM USEPA BCRLF Supplemental Application, 2. #0237-21 Resolution

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.