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Hortonville board approves creation of TID No. 7 to enable Nature’s Haven development
Summary
The Village of Hortonville approved Resolution R-1-26 to create Tax Incremental District No. 7 and adopt a project plan that would make development costs — including incentives for the proposed Nature’s Haven subdivision — eligible for tax-increment financing. The resolution passed by voice roll call; the creation does not itself approve the subdivision or development agreement.
The Village of Hortonville board voted to create Tax Incremental District (TID) No. 7 and approve its project plan, a step the village says will allow tax-increment revenue from new development to pay eligible future projects. The board adopted Resolution R-1-26 after a presentation by Ariana Schmidt of Eller's Financial Advisors and a motion from the board.
Ariana Schmidt, the financial consultant, told trustees the district’s boundaries were adjusted since earlier review — three parcels added and one removed — to align with a prospective Nature’s Haven subdivision. She said the district meets statutory tests for a mixed‑use TID (96% of parcels suitable for mixed use, under the 50% test) and that newly platted acreage is…
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