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Meeting Name: Redevelopment Authority of the City of Racine (inactive) Agenda status: Final
Meeting date/time: 11/6/2014 4:30 PM Minutes status: Final  
Meeting location: City Hall, Room 303
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video:  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
14-10664 A Financial Increase 1354-1356 Washington Ave.CommunicationSubject: (Direct Referral) Request to increase the financial assistance provided for the renovation of 1354-1356 Washington Avenue in the Uptown area.ApprovedPass Action details Not available
14-10727 A Idle Industrial Site Grant Application Request (Res. No. 14-0458)CommunicationSubject: (Direct Referral) Request by the Assistant Executive Director of the Redevelopment Authority seeking permission to apply for a $1,000,000 Idle Industrial Site Grant (Grant Control # 2014-041) for asbestos and lead remediation at the Machinery Row site from the Wisconsin Economic Development Corporation (WEDC). (Res. No. 14-0458) Recommendation of the Redevelopment Authority on 11-6-14: That available funds and assistance be requested from the WEDC under the Idle Industrial Site Grant and that the rules for the program be complied with; and That the Executive Director, or his authorized agent, act on behalf of the Authority to: submit an application to the WEDC to aid in the removal of asbestos and lead in the Machinery Row site; sign documents; and take necessary action to undertake, direct, and complete approved grant activities. Recommendation of the Finance and Personnel Committee on 11-10-14: That available funds and assistance be requested from the WEDC under the Idle Industrial Site Grant (Grant Control # 2014-041) and that the rules for the program be complied wRecommended For ApprovalPass Action details Not available
14-10728 A Cleanup Grant Application for RSC South Lot (Res. No. 14-0459)CommunicationSubject: (Direct Referral) Request by the Assistant Executive Director of the Redevelopment Authority seeking permission to apply for a $200,000 Cleanup Grant for the Racine Steel Castings site (South Lot) from the United States Environmental Protection Agency (US EPA). (Res. No. 14-0459) Recommendation of the Redevelopment Authority on 11-6-14: That available funds and assistance be requested from the US EPA under the Brownfield Cleanup Grant and rules for the program be complied with; and That the Executive Director, or his authorized agent, act on behalf of the Authority to: submit an application for a US EPA Brownfield Cleanup Grant for $200,000 to aid in the continuation of site cleanup of the south lot of 1425 North Memorial Drive (a/k/a the Racine Steel Castings property); sign documents; and take necessary action to undertake, direct, and complete approved grant activities. Recommendation of the Finance and Personnel Committee on 11-10-14:That available funds and assistance be requested from the US EPA under the Brownfield Cleanup Grant (Grant Control # 2014-042) and ruRecommended For ApprovalPass Action details Not available
14-10729 A Offer to Purchase 1248 Washington Avenue (Res No. 15-0124)CommunicationSubject: (Direct Referral) Review of terms regarding an offer to purchase the property located at 1248 Washington Avenue. (Res No. 15-0124) Recommendation of the Redevelopment Authority on 3-2-15: That the lease and sale of 1248 Washington Avenue (parcel ID no. 10109000) to Robert G. DeMicchi be approved, and that the terms of the lease and sale are as outlined in Exhibit A, as attached. Further, that upon approval of the lease and sale by the Common Council, the Chairperson, Executive Director and City Attorney are authorized and directed to proceed with the lease and sale without further action by the Authority or Council. Fiscal Note: The lease will net the City payments of $11,250.00 for 2015 and $15,000.00 for 2016. The tenant will receive a $10,000.00 credit towards their 2016 lease payment if facade improvements are completed by December 1, 2015 thus netting to the City $5,000.00 for a 2016 lease payment. The tenant will purchase the property by December 31, 2016 netting the City an additional $43,750.00. The City will pay a $100.00 consideration fee to the purchas   Action details Not available