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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 Agenda status: Final
Meeting date/time: 12/5/2019 6:00 PM Minutes status: Draft  
Meeting location: City Hall, Room 303
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video:  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
1335-19 A 300 Main Street White BoxCommunicationSubject: A request by Cary Manske, representing Mt. Royal Property Management, for review and approval of a White Box Grant for the property at 300 Main Street.   Not available Not available
1341-19 A 500 Main Street IncentiveCommunicationSubject: A request to approve the Developer Incentive Agreement between the City of Racine and The Main Attraction, LLC, for the Redevelopment of an 80-unit Boutique Hotel, restaurant, roof-top bar, café, banquet facility and meeting rooms, in and on the former “Zahn’s Department Store” property at 500 Main street along Monument Square. Recommendation of the Redevelopment Authority on 12-05-19: That the Developer Incentive Agreement between the City of Racine and The Main Attraction, LLC, for the Redevelopment of an 80-unit Boutique Hotel, restaurant, roof-top bar, café, banquet facility and meeting rooms, in and on the former “Zahn’s Department Store” property at 500 Main street along Monument Square be approved and that the Mayor and City Clerk be authorized to execute the Agreement on behalf of the City of Racine. Further, that the Redevelopment Authority deems the use of TID Reserve Funds and IG Funds to be in keeping with adopted City policies and ordinances and in furtherance of the City's plans for economic development. Staff Recommendation of the Finance & Personnel Committ   Not available Not available