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Meeting Name: Redevelopment Authority of the City of Racine (inactive) Agenda status: Final
Meeting date/time: 9/7/2011 5:00 PM Minutes status: Final  
Meeting location: City Hall, Room 301
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video:  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
11-6868 A Subject: (Direct Referral) Communication from the Director of City Development submitting proposals for the redevelopment of 1130 Washington Avenue. (Resolution No. 11-2831)CommunicationSubject: (Direct Referral) Communication from the Director of City Development submitting proposals for the redevelopment of 1130 Washington Avenue. (Resolution No. 11-2831) Recommendation of the Redevelopment Authority on 11-8-11: That the Common Council approve the granting of an option to purchase the Authority-owned properties at 1116 through 1152 Washington Avenue and 1309 Eleventh Street to Akil Ajmeri (d.b.a. Akil, LLC) for redevelopment consistent with his proposal dated August 30, 2011 and Redevelopment Authority resolution 11-17. Fiscal Note: Redevelopment Authority resolution 11-17 is an attachment to this item. The option is for six months during which Mr. Ajmeri would obtain regulatory approvals and satisfy contingencies. Mr. Ajmeri will pay a $1,000 option fee and $10,000 for the property upon closing. He has proposed to develop a gas station, convenience store and sandwich shop, and car wash.   Action details Not available
11-6868 A Subject: (Direct Referral) Communication from the Director of City Development submitting proposals for the redevelopment of 1130 Washington Avenue. (Resolution No. 11-2831)CommunicationSubject: (Direct Referral) Communication from the Director of City Development submitting proposals for the redevelopment of 1130 Washington Avenue. (Resolution No. 11-2831) Recommendation of the Redevelopment Authority on 11-8-11: That the Common Council approve the granting of an option to purchase the Authority-owned properties at 1116 through 1152 Washington Avenue and 1309 Eleventh Street to Akil Ajmeri (d.b.a. Akil, LLC) for redevelopment consistent with his proposal dated August 30, 2011 and Redevelopment Authority resolution 11-17. Fiscal Note: Redevelopment Authority resolution 11-17 is an attachment to this item. The option is for six months during which Mr. Ajmeri would obtain regulatory approvals and satisfy contingencies. Mr. Ajmeri will pay a $1,000 option fee and $10,000 for the property upon closing. He has proposed to develop a gas station, convenience store and sandwich shop, and car wash.DeferredPass Action details Not available
11-6869 A Bane-Nelson Inc payment 1418 Washington AvenCommunicationSubject: (Direct Referral) Communication from the Director of City Development requesting approval of payment to Bane-Nelson Inc. for interior window repairs at 1418 Washington Avenue.ApprovedPass Action details Not available