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City staff say Madison Properties failed to provide full certified payroll records; council sends TIF monitoring questions to committee
Summary
Economic development staff reported gaps in certified payroll reporting from Madison Properties’ Ballpark District projects and said corrective actions included an intermediary accounting firm; councilors directed the matter to committee for further review.
The council received an update on Madison Properties’ Ballpark District work, including outstanding reporting on certified payroll that city staff said prevented the city from concluding full compliance with existing TIF/TIE policy commitments.
What staff reported: Peter Dunn said Madison had not provided the full certified payroll forms for all contractors on the Revington project and related sites. The company contracted an independent…
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