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0767-20
| A | | | Communication | Subject: Communication sponsored by Alder Taft, presenting the financing plan for the refunding of the 2020 Capital Project Note Anticipation Note and Resolution Authorizing the Issuance and Establishing Parameters for the Sale of Not to Exceed $14,000,000 General Obligation Refunding Bonds, Series 2020B.
Recommendation of the Finance and Personnel Committee on 11-09-2020: The $14,305,000 - 2020 Note Anticipation Note issued October 6, 2020 be refinanced as presented.
Fiscal Note: No new money will be included in the issue. Payment to run through 2034. | Recommended For Approval | Pass |
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0754-20
| A | | | Communication | Subject: Communication sponsored by Alder Coe requesting authorization for the City of Racine to receive 1030 Twelfth Street from Racine County and transfer the property from the City of Racine to Racine Habitat for Humanity for the purpose of redevelopment.
Recommendation of the Finance and Personnel Committee on 11-09-2020: Approval of the reception of 1030 Twelfth Street from Racine County and transfer of the property from the City of Racine to Racine Habitat for Humanity with conditions as recommended by staff.
Fiscal Note: Habitat will reimburse the City for title transfer, recording or any other applicable fees estimated at approximately $30.00. | Recommended For Approval | Pass |
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0750-20
| A | | Subject: Communication sponsored by Alder Taft, requesting permission to apply for FEMA BRIC grant funding for up to $2,000,000 for a resiliency community center and/or community safe room. | Communication | Subject: Communication sponsored by Alder Taft, requesting permission to apply for FEMA BRIC grant funding for up to $2,000,000 for a resiliency community center and/or community safe room.
Recommendation of the Finance and Personnel Committee on 11-09-2020: The Director of City Development be authorized to apply for a FEMA BRIC grant for an amount up to $2,000,000 for a resiliency community center and/or community safe room.
Fiscal Note: Grant requires a 25% match which is included in the 2022 capital plan. | Recommended For Approval | Pass |
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0749-20
| A | | Subject: Communication sponsored by Alder Taft, requesting permission to enter into a sole source professional services agreement with Smith Group for design and analysis services associated with the development of a master plan for the Lincoln-King Clini | Communication | Subject: Communication sponsored by Alder Taft, requesting permission to enter into a sole source professional services agreement with SmithGroup for design and analysis services associated with the development of a master plan for the Lincoln-King Clinic and Community Center.
Staff Recommendation to the Finance and Personnel Committee on 11-09-2020: The Mayor and City Clerk be authorized to execute and sign the professional services agreement with SmithGroup for the development of a master plan for the Lincoln-King Clinic and Community Center.
Fiscal Note: Total cost of $128,500 is budgeted in the 2021 capital plan under 45050 57200. | Recommended For Approval | Pass |
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0730-20
| A | | | Communication | Subject: Communication sponsored by Alder Edwin Santiago Jr. for the review and approval of the Douglas Avenue Business Improvement District (BID) No. 4 2021 Operating Plan.
Recommendation of the Finance and Personnel Committee on 11-09-2020: That the proposed 2021 Operating Plan for the Douglas Avenue Business Improvement District No. 4 be approved and that the Finance Director be directed to include the District's special charges on the 2020 property tax bills of the affected parcels.
Fiscal Note: It is estimated that $41,400 will be raised through BID assessments to be disbursed to the Douglas Avenue BID No. 4. | Recommended For Approval | Pass |
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