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06-2460
| A | | Development agreement with Key Bridge Group for the Pointe Blue redevelopment project. | Communication | Subject: Development agreement with Key Bridge Group for the Pointe Blue redevelopment project.
Recommendation of the Finance & Personnel Committee 09-11-06: Permission granted for the Director of City Development continue the negotiations for the development agreement between Key Bridge Group and the City for the Pointe Blue redevelopment project and the item be referred to the September 19, 2006 Common Council meeting.
Fiscal Note: N/A | Adopted As Amended: | |
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06-2479
| A | | Licensed Premise Report August, 2006. | Communication | Subject: (Direct Referral) Licensed Premise Report August, 2006.
Shockers 1632 Douglas Avenue
Amer Assad, Agent
Recommendation of the Public Safety & Licensing Committee of 09-11-06: That the matter be referred to a due process hearing for determination on whether the license should be revoked or suspended.
Fiscal Note: The approximate cost of the due process hearing is $4.000.00. | Adopted | Pass |
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06-2480
| A | | Special License Premise Report September, 2006. | Communication | Subject: (Direct Referral) Special License Premise Report September, 2006.
Sabrina's - 1436 Junction Avenue - "Class B" License
Recommendation of the Public Safety & Licensing Committee of 09-11-06: That the matter be referred to a due process hearing for determination on whether the license should be revoked or suspended.
Fiscal Note: The approximate cost of the due process hearing is $4,000. | Adopted | Pass |
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Res.06-7244
| A | | Pointe Blue Development Agreement | Resolution | Pointe Blue Development Agreement
Resolved, that the Mayor and the City Clerk be authorized and directed to enter into a development agreement between Key Bridge Group, Inc., its successors and assigns, Pointe Blue, LLC, its successors and assigns, the Redevelopment Authority, and the City of Racine for the Pointe Blue redevelopment project, including execution of a deed of sale.
Fiscal Note: The agreement calls for the City to transfer the Walker property (valued at $1,250,000) to the developer and provide up to $21.6 million in financial assistance through a "pay as you go" tax increment district, and calls for the developer to construct a development with a minimum value of $185 million. | Adopted | |
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