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Council approves developer agreements for Continental Properties sewer and water work in TID 17
Summary
The council approved two agreements with Continental Properties for construction of sewer and water infrastructure, with the developer to front improvements and be reimbursed from future Tax Increment District (TID) revenues.
The City of West Bend on July 21 approved two development agreements with Continental Properties to extend sewer and water infrastructure into a new subdivision within Tax Incremental District (TID) No. 17. City staff described the agreements as a standard subdivision‑style construction agreement and a pay‑as‑you‑go financial arrangement that reimburses the developer from future TID increment.
City staff explained the infrastructure will connect along Continental Drive and down to Eighteenth Street to service a new subdivision. Under the financial agreement, Continental Properties will pay construction costs up front; the city will reimburse the developer over time from increment generated inside TID 17. Staff said the reimbursement will come from tax increment revenues and estimated the reimbursable amount is “right around a million dollars,” subject to final accounting.
Council members moved and approved both items without recorded dissent. During discussion members asked whether road work on Eighteenth Street would be included; staff said roadwork would be a separate project with a tentative design schedule in late 2025 and a possible 2027 construction window.
City staff also told the council that the initial TID budget had included road, sewer and water, but current plans limit the developer reimbursement to sewer and water at this time and therefore the dollar amount is smaller than originally projected.
Actions recorded in the meeting packet direct the developer to construct infrastructure to city specifications, require inspection and transfer the completed utilities to city ownership. Reimbursement will be made from the increment created by new development inside TID 17 under the agreed PAYGo structure.
