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Council creates Tax Increment District 17 and approves a series of land-use and zoning changes to enable mixed-use and residential development
Summary
The Common Council voted to create Tax Increment District No. 17, approved its project plan and boundaries, and adopted multiple comprehensive-plan and zoning changes to enable mixed-use and residential development across several parcels in the city.
The Common Council approved a resolution creating Tax Increment District No. 17, adopted its project plan and established boundaries, and approved several related comprehensive-plan amendments and rezonings to support proposed mixed-use and residential development within the city.
City staff and legal counsel explained that the TID is a mixed-use district created under Wisconsin TID law and that the district is intended to make otherwise uneconomic development feasible. Council members asked questions about the statutory ‘‘but-for’’ requirement (that the development would not occur but for the TID) and about risk protections. City attorneys and staff said the city is…
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