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Supervisors question conduit financing request for downtown project; administrator to provide more details
Summary
Board members asked for more information about a request (Res. 50-25) to consent to Public Finance Authority conduit financing for BBL Kresge LLC, including project details, whether properties fall inside TID 3 and the principal's tax status; administration said a memo is in the packet and will provide maps and tax-status information.
The board received questions about a request for consent to conduit financing through the Public Finance Authority for a downtown redevelopment project by BBL Kresge LLC (Resolution 50-25).
Supervisor Gisselman asked what “renovation” entails for the historic 300 block on Third Street in Wausau and said she wanted clearer project details. Administrator Leonard said a two‑page…
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