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Woolstock notifies Wright County of urban renewal plan to finance water project; initial public meeting Aug. 21, hearing Sept. 9
Summary
The town of Woolstock notified Wright County of a proposed 2025 Woolstock Urban Renewal Area to support a municipal water treatment project; the city anticipates using incremental property tax for up to $1.5 million plus interest; an informational meeting is Aug. 21 and a public hearing is Sept. 9, 2025.
A supervisor told the Wright County Board of Supervisors the county received a letter from the City of Woolstock proposing a 2025 Woolstock Urban Renewal Area intended to support the city’s water treatment project.
The county was notified that an informational meeting about the urban renewal area is scheduled for Aug. 21 at 7 p.m.; a formal public hearing is set for Sept. 9, 2025. The city’s notice states it anticipates using incremental property tax (tax-increment financing) to refund up to $1.5 million plus interest to support the water project.
The supervisor said the city is working through the law firm Dorsey & Whitney on the urban renewal plan. There was no board action recorded in the transcript; supervisors noted plans for staff or board members to attend the informational meeting and the subsequent public hearing.
Why it matters: establishing an urban renewal area would allow Woolstock to use incremental property tax revenues to repay project costs; Wright County will receive notice and may participate in the public hearing process. The transcript does not record any county vote or approval related to the urban renewal plan.
