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Beloit council suspends rules to approve Chapin Street rezoning; lays over three other rezoning requests and approves $15.815 million bond sale
Summary
Council approved Ordinance 38-61 to rezone 717 and 725 Chapin Street for single-family residential use after suspending rules; three other rezoning petitions were laid over for future consideration. The council also authorized the sale of general obligation promissory notes after a competitive sale produced a lower-than-expected borrowing cost.
The Beloit City Council took several final and procedural votes on zoning and financing at its March meeting.
Zoning and rezoning
Ordinance 38-61: The council approved Ordinance 38-61, which amends the zoning district map to permit single-family residential use at 717 and 725 Chapin Street. Planning staff told the council the college had already sold one of the properties and the new owners sought residential use. The council suspended its usual rule to consider the ordinance immediately; motion to suspend the rules was moved from the floor and the ordinance was then approved on a voice vote. Motion to approve was…
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