City extends incentives package to company redeveloping Horl

City extends incentives package to company redeveloping Horlick complex


RACINE — A new training program is expected to help City of Racine residents obtain jobs.
In addition to increasing the value of what was abandoned property, J. Jeffers & Company will abide by the Racine Works Program required of developers with incentive agreements with the city.
RWP aims to increase employment for Racine residents who are either underemployed or unemployed.
Developer incentives
The city is offering J. Jeffers & Company three development incentives: a utility grant, a loan and a developer-funded TID (tax increment district).
The $500,000 utility grant for infrastructure improvements on the site will come from the storm water utility and the sanitary sewer surcharge.

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