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File #: 0466-22    Version: A Name: Finance Director, requesting that the City of Racine Common Council support the release of the United States EDA’s federal interest in the qualifying loan fund administered by the Racine County Economic Development Corporation.
Type: Communication Status: Passed
File created: 6/29/2022 In control: Finance and Personnel Committee
On agenda: 7/19/2022 Final action: 7/19/2022
Title: Subject: Communication sponsored by Mayor Mason on behalf of the Finance Director, requesting that the City of Racine Common Council support the release of the United States EDA’s federal interest in the qualifying loan fund administered by the Racine County Economic Development Corporation. Recommendation of the Finance and Personnel Committee on 7-11-2022: To approve a resolution supporting the release of the United States EDA’s federal interest in the qualifying loan fund administered by the Racine County Economic Development Corporation. Fiscal Note: NA
Attachments: 1. City Council Presentation for EDA RLF Defederalization, 2. City of Racine Resolution for Defederalization of RLF, 3. #0466-22 Resolution

Title

Subject: Communication sponsored by Mayor Mason on behalf of the Finance Director, requesting that the City of Racine Common Council support the release of the United States EDA’s federal interest in the qualifying loan fund administered by the Racine County Economic Development Corporation.

 

Recommendation of the Finance and Personnel Committee on 7-11-2022: To approve a resolution supporting the release of the United States EDA’s federal interest in the qualifying loan fund administered by the Racine County Economic Development Corporation.

 

Fiscal Note: NA