City of Racine - File #: 0916-21

• File #: 0916-21
• Version: A
• Name: Subject: Communication sponsored by Mayor Mason to amend a CDBG funding agreement executed pursuant to Resolution #0325-18. Staff Recommendation: To authorize the Mayor and City Clerk to execute an amendment to a CDBG funding agreement between the City
• Type: Communication
• Status: Passed
• File created: 11/4/2021
• In control: Finance and Personnel Committee
• Final action: 11/16/2021
• Title: Subject: Communication sponsored by Mayor Mason to amend a CDBG funding agreement executed pursuant to Resolution #0325-18. Recommendation of the Finance and Personnel Committee on 11-08-2021: To authorize the Mayor and City Clerk to execute an amendment to a CDBG funding agreement between the City of Racine and LSS Housing-Gold Medal Lofts, LLC pursuant to Resolutions #0325-18 and #0032-19. Fiscal Note: No changes to the loan terms and repayment are contemplated.

Date	Ver.	Action By	Action	Result
11/16/2021	A	Common Council	Approved	Pass
11/8/2021	A	Finance and Personnel Committee	Recommended For Approval

Title

Subject: Communication sponsored by Mayor Mason to amend a CDBG funding agreement executed pursuant to Resolution #0325-18.

Recommendation of the Finance and Personnel Committee on 11-08-2021: To authorize the Mayor and City Clerk to execute an amendment to a CDBG funding agreement between the City of Racine and LSS Housing-Gold Medal Lofts, LLC pursuant to Resolutions #0325-18 and #0032-19.

Fiscal Note: No changes to the loan terms and repayment are contemplated.