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Wausau council amends TID 8 to allow riverfront acquisition option amid PFAS worries; 6-5
Summary
The council approved an amendment to Tax Increment District No. 8 to make potential riverfront land-acquisition expenses eligible for TID funding; the measure passed amid objections over possible PFAS contamination and cost risks.
The Wausau Common Council on May 13 approved a finance and plan commission resolution to amend the project plan for Tax Increment District No. 8 (amendment 4), passing 6-5 with one abstention. The amendment makes certain redevelopment and land-acquisition expenses eligible to be paid from TID tax increments but does not authorize any immediate purchase.
Council debate centered on whether adding the parcels to the TID plan was premature given possible groundwater contamination and the site's industrial history. "I see this as another scenario where we could get caught up into...…
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