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Committee approves transfer from TID 51 for land banking purchase at 1814 S. Park St.
Summary
The City of Madison Finance Committee on Feb. 3 approved transferring funds from Tax Increment District 51 to the land‑banking program and authorized a purchase-and-sale agreement for 1814 South Park Street.
The City of Madison Finance Committee unanimously approved a substitute amending the Economic Development Division's 2025 capital budget to transfer funds from Tax Increment District (TID) 51 to the land‑banking program and to authorize a purchase-and-sale agreement for the property at 1814 South Park Street.
The item (Legistar item 9) was moved, seconded and recorded as a unanimous vote. Council President…
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