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File #: 0773-21    Version: A Name: Subject: Communication sponsored by Mayor Mason requesting approval of a resolution supporting a grant application for $250,000 from the Wisconsin Economic Development Corporation Community Development Investment (WEDC CDI) Grant Program to Venture X Rac
Type: Communication Status: Passed
File created: 9/22/2021 In control: Finance and Personnel Committee
On agenda: Final action: 10/5/2021
Title: Subject: Communication sponsored by Mayor Mason requesting approval of a resolution supporting a grant application for $250,000 from the Wisconsin Economic Development Corporation Community Development Investment (WEDC CDI) Grant Program to Venture X Racine for the redevelopment of 440 Main Street. Recommendation of the Finance and Personnel Committee on 09-27-2021: Staff recommends that the request sponsored by Mayor Mason to approve a resolution supporting a grant application for $250,000 from the Wisconsin Economic Development Corporation Community Development Investment (WEDC CDI) Grant Program to Venture X Racine for the redevelopment of 440 Main Street be forwarded to the Common Council with a recommendation for approval. Fiscal Note: No additional City funds will be allocated as a result of this action. The grant control number is 00394. The grant does not require a local match.
Attachments: 1. MEMO- 440 Main Street CDI, 2. #0773-21 Resolution

Title

Subject: Communication sponsored by Mayor Mason requesting approval of a resolution supporting a grant application for $250,000 from the Wisconsin Economic Development Corporation Community  Development Investment (WEDC CDI) Grant Program to Venture X Racine for the redevelopment of 440 Main Street.

 

Recommendation of the Finance and Personnel Committee on 09-27-2021: Staff recommends that the request sponsored by Mayor Mason to approve a resolution supporting a grant application for $250,000 from the Wisconsin Economic Development Corporation Community Development Investment (WEDC CDI) Grant Program to Venture X Racine for the redevelopment of 440 Main Street be forwarded to the Common Council with a recommendation for approval.

 

Fiscal Note: No additional City funds will be allocated as a result of this action. The grant control number is 00394. The grant does not require a local match.