City of Racine - File #: 0638-21

• File #: 0638-21
• Version: A
• Type: Communication
• Status: Passed
• File created: 8/4/2021
• In control: Finance and Personnel Committee
• Final action: 8/17/2021
• Title: Subject: Communication from Mayor Mason requesting approval of a Parking Facility Lease Agreement with the Main Attraction, LLC, supporting the Verdant Hotel Development at 500 Main Street. Recommendation of the Finance and Personnel Committee on 08-09-2021: To authorize and direct the Mayor and City Clerk to execute a Parking Facility Lease Agreement with the Main Attraction, LLC, supporting the Verdant Hotel Development at 500 Main Street. Fiscal Note: These documents are in addition to and referenced in the tax increment incentive agreement with The Main Attraction, LLC, for the Verdant Hotel Development at 500 Main Street.

Date	Ver.	Action By	Action	Result
8/17/2021	A	Common Council	Approved	Pass
8/9/2021	A	Finance and Personnel Committee	Recommended For Approval

Title

Subject: Communication from Mayor Mason requesting approval of a Parking Facility Lease Agreement with the Main Attraction, LLC, supporting the Verdant Hotel Development at 500 Main Street.

Recommendation of the Finance and Personnel Committee on 08-09-2021: To authorize and direct the Mayor and City Clerk to execute a Parking Facility Lease Agreement with the Main Attraction, LLC, supporting the Verdant Hotel Development at 500 Main Street.

Fiscal Note: These documents are in addition to and referenced in the tax increment incentive agreement with The Main Attraction, LLC, for the Verdant Hotel Development at 500 Main Street.