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1003-25
| A | | | Communication | Subject: Communication from the Assistant Director of City Development, through Resolution 25-18, related to property owned by River's End Marina, LLC, located at 90 Reichert Court, for potential acquisition by the Community Development Authority of the City of Racine (CDA) for blight elimination and redevelopment and that the CDA acquire such property notwithstanding that it is not in an existing redevelopment area.
Recommendation of the Community Development Authority on 09-29-2025: That the Common Council find that a comprehensive redevelopment plan is not necessary to determine the need for the acquisition of the real estate at 90 Reichert Court by the Community Development Authority of the City of Racine, the uses of the property after acquisition, and the relation of the acquisition to other property redevelopment by the Community Development Authority of the City of Racine.
Fiscal Note: The potential purchase price from the property owner has not been determined at this time. Transfer of the property will require $30.00 in recording fees. All future proceeds from the redevel | | |
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1004-25
| A | | | Communication | Subject: Communication from the Assistant Director of the Department of City Development, on behalf of the Executive Director of the Community Development Authority submitting change order #2 to Contract 2024175 Demolition of 725 Lake Avenue CDBG.
Recommendation of the Community Development Authority on 09-30-2025: That Change Order #2 to Contract 2024175 be approved in the amount of $179,258.63 to close out this project. Further that City Staff, the Executive Director of the CDA, and/or the Chairman of the CDA, or their designee(s), be authorized to pay for the work outlined in the change order and increase the amount of the contract on behalf of the CDA, with New Berlin Grading Inc. for the demolition of the building at 725 Lake Avenue.
Fiscal Note: $179,258.63 will be shared from TID #9 (Johnson Building) to TID #17 (Porters) and then spent under the ½ mile provision out of TID #17. This expenditure is allowable within both the TID #9 and TID #17 project plans. Final cost of the project will be $1,497,588.13 with funding allocated as follows: TID #9: $760,676.42 and CDBG: $736,9 | | |
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1005-25
| A | | | Communication | Subject: Consideration of Resolution 25-20 authorizing the Executive Director of the Community Development Authority to access funds in the form of a 0% interest loan from the City of Racine’s US EPA Brownfield Cleanup Revolving Loan Fund to assist in the environmental remediation of 526 Marquette Street. | | |
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1006-25
| A | | TID Infrastructure Policy | Communication | Subject: Communication from the Assistant Director of the Department of City Development for the consideration of Resolution 25-21 Neighborhood Tax Incremental District Infrastructure Funding Policy.
Recommendation of the Community Development Authority on 09-29-2025: That the Neighborhood Tax Increment District Policy - Uses of Infrastructure Funds (Policy), be approved. Further, that the Common Council of the City of Racine adopt a resolution authorizing the CDA to consider and allocate funds in accordance with CDA Resolution 25-21.
Fiscal Note: 25% of annual Neighborhood TID increment in existing TID numbers 22, 23, 27, 28, and 31 and any future Neighborhood TID area will be reserved and allocated for purposes outlined in the Policy. | | |
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1007-25
| A | | Change order #2 | Communication | Subject: Consideration of an offer to purchase CDA-owned property at 516 - 11th Street/1047 Villa Street. | | |
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