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Mayville commission approves creation of Tax Increment District No. 7
Summary
The Mayville Planning Commission voted to establish Tax Increment District (TID) No. 7, approving boundaries and a project plan that covers roughly 200 acres with about $7.3 million in TID‑eligible projects and an estimated $13 million in new taxable value at buildout.
A city staff member presented a proposal to create Tax Increment District (TID) Number 7 and the Mayville Planning Commission voted to approve the district’s boundaries and project plan. The public hearing and presentation focused on the district’s size, financials and development potential.
“What we’re here for this afternoon is for the creation of Tax Increment District Number 7,” the staff presenter said during the overview, describing the proposal as a mixed‑use TID that could include commercial, light industrial and qualifying residential development. The presentation said the district covers a little more than 200 acres, lists approximately…
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