West Bend plan commission approves amendment to TID No. 16 to add Indiana Avenue reconstruction; several permits and annexation recommended

The West Bend Plan Commission approved a resolution on Sept. 3 to amend the project plan for Tax Increment District No. 16 to add a reconstruction of Indiana Avenue, a project consultant said, and the panel approved a series of conditional-use permits, site plans and an annexation recommendation by voice votes.

Phil Kosin, a consultant with Ehlers who joined the meeting remotely, told the commission the amendment would add one capital project — the reconstruction of Indiana Avenue — to the existing project list and would not change the district boundaries. He said the Indiana Avenue work is estimated at about $2,440,000, bringing projected TID expenditures from roughly $9.2 million to about $11.6 million while incremental valuation from new development has increased by an estimated $43 million since the district’s 2022 creation. "Even though this could be allowed up to 27 years, it looks like it will close out after about 16 years," Kosin said, attributing the earlier payoff to higher-than-expected development valuations.

The ame…