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Committee adopts substitute resolution directing county JRB representative on TID termination dates
Summary
After public comment urging adoption of a 10-standards approach to tax increment finance, the committee unanimously approved a substitute resolution instructing Marathon County's Joint Review Board representative to vote to set TID termination dates consistent with state law and county interests, with a cap described in the substitute text.
The Marathon County Extension Education and Economic Development Committee unanimously approved a substitute resolution that directs the county’s representative on any future tax incremental district (TID) joint review board to vote to set termination dates consistent with state law and county and taxpayer interests.
The substitute resolution, presented and read by Vice Chair Feifrick, summarizes county TID statistics and asks that the county representative oppose TID termination dates that would effectively extend a TID beyond a specified cap. The substitute language retains the committee’s intent while streamlining earlier draft whereas clauses, Feifrick said.
Public comment and background: Earlier in the meeting, Peter Weinshank urged the committee to forward a…
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