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Committee recommends council approve amended PILOT for 6908 Century Avenue
Summary
The Middleton Finance and Personnel Committee on Jan. 6 recommended that the Common Council approve an amended payment-in-lieu-of-taxes (PILOT) agreement with the Middleton Development Corporation for property at 6908 Century Avenue, including an indexation clause capped at the lesser of 2% or the CPI.
The Middleton Finance and Personnel Committee recommended that the Common Council approve an amended and restated payment-in-lieu-of-taxes agreement with the Middleton Development Corporation for the property at 6908 Century Avenue.
Committee discussion focused on how the pilot payments can be used and how the payments will be adjusted…
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