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Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.
Meeting Name: Redevelopment Authority of the City of Racine (inactive) Agenda status: Revised
Meeting date/time: 4/4/2011 4:30 PM Minutes status: Draft  
Meeting location: City Hall Annex, Room 130
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video:  
Attachments:
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11-6229 A 1511 Washington Avenue proposalsCommunicationSubject: (Direct Referral) Accepting a proposal and granting an option for the purchase and renovation of 1511 Washington Avenue. Recommendation of the Redevelopment Authority on 4-4-11: That the Common Council approve the report and action of the Redevelopment Authority granting Adam Caleb Buth an option to purchase and redevelop the Authority's property at 1511 Washington Avenue. The option shall be based on Adam Caleb Buth's proposal and the Authority's Request for Proposals. Fiscal Note: The sale price for the property will be one dollar conditioned on the rehabilitation of the property by Mr. Buth. Rehabilitation as proposed by Mr. Buth is estimated to cost $322,000.   Not available Not available
11-6230 A Financial Assistance WI Iron & Steel/Milwaukee IronworksCommunicationSubject: (Direct Referral) Communication from the Director of City Development requesting that the City provide financial assistance to WIsconsin Iron & Steel/Milwaukee Ironworks for the location and expansion of its operations in the City of Racine.   Not available Not available
11-6059 A City of Racine Entrepreneurship InitiativeCommunicationSubject: (Direct Referral) A communication from the Executive Director of the Racine County Economic Development Corporation requesting an opportunity to discuss the City of Racine Entrepreneurship Initiative. (Res.11-2485) Recommendation of the Economic Development Committee on 2-14-11: Defer action on the Entrepreneurship initiative memo until the next Economic Development Committee meeting. Recommendation of the Economic Development Committee on 3-22-11: Approve the Small Business Development Initiative and refer to other city committees (Redevelopment Authority and Community Development Committee) for funding. Recommendation of the Redevelopment Authority on 4-4-11: That $69,400.00 from the Intergovernmental Revenue Sharing Fund be used for the Entrepreneurship Initiative contract for 2011. Further recommends, that the Mayor and City Clerk be authorized and directed to enter into the agreement with RCEDC. Further recommends, that the proposed agreement be referred to the Finance and Personnel Committee of the Common Council for its review and approval. Fiscal N   Not available Not available
11-6239 A Change Order No. 1 Alpha Terra Science, Inc.CommunicationSubject: Communication from the Executive Director submitting Change Order No. 1 for the contract of Alpha Terra Science, Inc.   Not available Not available