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12-7778
| A | | 1511 Washington Avenue Propsal (Res. No. 12-3332) | Communication | Subject: (Direct Referral) Communication from Ryan Douglas submitting a proposal for the Redevelopment Authority owned property at 1511 Washington Avenue.
Recommendation of the Redevelopment Authority on 9-4-12: That pursuant to section 66.1333(9)(a)1.d., Wisconsin Statutes, the Common Council approve the action of the Authority granting a three-month option on the property at 1511 Washington Avenue to Ryan Douglas of LandQuest of Wisconsin. (Res. No. 12-3333)
Fiscal Note: 1511 Washington Avenue was offered through a Request for Proposals (RFP) for one dollar ($1.00) contingent on the purchaser having a redevelopment plan consistent with the Uptown Plan. The option will allow Mr. Douglas to further refine his designs and cost estimates, negotiate financing from lenders and other funding sources, and obtain any necessary regulatory approvals. The Authority will receive a $1,000.00 earnest money option fee. | Deferred | Pass |
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12-7779
| A | | 1418 Washington Avenue Proposal (Res. 12-3200) | Communication | Subject: (Direct Referral) Communication from Jessica Servantez submitting a proposal for the Redevelopment Authority owned property at 1418 Washington Avenue. (Res. 12-3200)
Recommendation of the Redevelopment Authority on 6-4-12: That the Common Council approve the action of the Authority granting a three-month option with conditions to allow Ms. Servantez the opportunity to refine cost estimates and obtain financing.
Fiscal Note: 1418 Washington Avenue was offered through a Request for Proposals (RFP) for one dollar ($1.00) contigent on the purchaser having a redevelopment plan consistent with the Uptown Plan and sufficient financing to renovate the building. The option will allow Ms. Servantez to negotiate financing from lenders. She has paid the $1,000.00 option fee. | Recommended For Approval | Pass |
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12-7780
| A | | CEDCO Small Business Development Services (Res. No. 12-3204) | Communication | Subject: (Direct Referral) Communication from the Executive Director requesting authorization to enter into a contract for small business development services with the Community Economic Development Corporation (CEDCO) and to fund the contract with intergovernmental revenue sharing funds (Res. No. 12-3204)
Recommendation of the Redevelopment Authority on 6-4-12: That the Authority supports the use of $55,000.00 from the intergovernmental sewer revenue sharing fund for minority business development services through CEDCO.
Recommendation of the Finance & Personnel Committee on 6-25-12: Authorization be granted for the Executive Director to enter into a contract for small business development services with the Community Economic Development Corporation (CEDCO) and to fund the contract with intergovernmental revenue sharing funds.
Fiscal Note: In the past, CEDCO has provided advising and training services to small start-up minority business enterprises, including operation of a micro-loan fund. CEDCO has been operating with volunteers and without paid staff. The $55,000 is fu | Recommended For Further Consideration | Pass |
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12-7781
| A | | VISTA Volunteer and the Launch Box (Res. No. 12-3205) | Communication | Subject: (Direct Referral) Communication from the Executive Director requesting authorization to provide matching funds for a VISTA volunteer for the Launch Box initiative from intergovernmental revenue sharing funds. (Res. No. 12-3205)
Recommendation of the Redevelopment Authority on 6-4-12: That the Authority supports the use of $22,000.00 from the intergovernmental sewer revenue sharing fund for matching funds for VISTA volunteers for business development programs.
Recommendation of the Finance & Personnel Committee on 6-25-12: Authorization be granted for the Executive Director to provide matching funds for a VISTA volunteer for the Launch Box initiative from intergovernmental revenue sharing funds.
Fiscal Note: The Grant Facilitator has identified an opportunity for the city to obtain VISTA volunteers for two initiatives, the Launch Box business development initiative and Sustainable Edible Economic Development (SEED) (http://www.rkcaa.org/RKCAA/SEED.htm). The VISTA program requires a local match/stipend of $11,000.00 per volunteer. Funds are available in the Intergo | Recommended For Further Consideration | Pass |
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12-7782
| A | | 2012 Farmers Market | Communication | Subject: (Direct Referral) Rquest of the West Racine Business and Professional Association to use Authority-owned land in the Washington Avenue - West Boulevard Commercial Area for a farmers market in 2012. | Approved | Pass |
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