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Board approves redevelopment agreement with Kenosha to transfer closed school sites; Hillcrest to relocate to former Wilson site
Summary
The board approved an exchange-of-real-property agreement with the City of Kenosha covering multiple recently closed district school properties; the agreement includes deed restrictions barring reuse as preK-12 schools, a 50/50 profit-sharing provision where profits exist, and relocation of Hillcrest School to the former Wilson site.
The Kenosha Unified School District Board approved a redevelopment agreement with the City of Kenosha to transfer ownership of multiple recently closed school buildings and to relocate Hillcrest School to the former Wilson Elementary site.
District staff said the exchange reduces maintenance and liability costs for the district and puts redevelopment responsibility with the city, which can use TID (tax increment district) tools to subsidize projects. Pat Finnemore told the board the city intends to target many of the sites for housing and that "all of the properties that get redeveloped will eventually generate property taxes, which also benefit us." He said sales or redevelopment…
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