RACINE — The City of Racine is moving ahead with plans to bring a new subdivision to the former site of Giese Elementary School along Byrd Avenue. The city's plans include 34 single-unit dwellings with a minimum valuation of $350,000 that would be sold to owner-occupants. Under state law, the city can tap into infrastructure funds from that TID to help finance improvements at the Byrd Avenue property, which the Community Development Authority is expected to declare blighted. Another $1.7 million will be set aside for down payment assistance for buyers who are City of Racine or Racine Unified employees. Schmitz remembers when Giese School was still operating and says she is optimistic about what comes next.