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TID 5 annual report shows downtown gains; Swiderski, First State Bank projects advancing
Summary
The board approved the 2024 annual report for Downtown TID 5 after staff summarized multiple downtown developments, a major street reconstruction aided by an STP urban grant and grant and ARPA funding used to limit debt issuance.
The Joint Review Board approved the 2024 annual report for Tax Incremental District 5, the downtown TID that has seen multiple development projects and major street reconstruction. Chad Hertz told the board that TID 5 has been the most active district, backing projects that include the multi-level apartment complex on the Wolf River (a 98-unit project the…
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