Subject: Communication sponsored by Alder Land, on behalf of the Finance Director, requesting permission to enter into new agreement, Contract #2025290, with Housing Resources Inc. for Financial Empowerment Center (FEC) Management. Recommendation of the Finance and Personnel Committee on 05-27-2025: That the Mayor and City Clerk be authorized to negotiate and execute Contract #2025290 with Housing Resources Inc. for Financial Empowerment Center (FEC) Management for the City of Racine. Fiscal Note: Contract is in the amount of up to $200,000. Funds are available in account 20209 52200 10013 CFE Funding-Contracted Services-FEC.

What this record is

Held by

Housing Resources Inc

Amount

$200K

Runs until

no end date published in this record

Type

contract

Read automatically from the title of the official record. The source document below is authoritative.

Committee

Finance and Personnel Committee

Introduced

May 15, 2025

On agenda

June 3, 2025

Passed

June 3, 2025