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Washington County executive committee debates guidance on Germantown tax-increment district
Summary
At a meeting of the Washington County Executive Committee, county staff presented the proposed Germantown Village Center tax incremental district and answered questions about its phasing, finances and community impact.
WASHINGTON COUNTY — At a meeting of the Washington County Executive Committee, county staff presented background and questions for the county—s joint review board about a proposed tax incremental financing district (TID) the Village of Germantown calls the "Village Center." Committee members discussed developer assumptions, a financing shortfall, public opposition and timing ahead of village and joint-review decisions.
County staff summarized the project plan, saying the district would fund "land acquisition, site preparation, infrastructure, and incentives required for development" at the Pilgrim and Mequon intersection. The village—s plan calls for three phases: a residential-heavy Phase 1, a primarily commercial Phase 2 and a conceptual Phase 3. "Phase 1 contains most of the residential development," staff said. The village estimates about 450 multifamily units and roughly…
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