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EDWC pitches Flamingo Marine expansion tied to Zilber TID; commissioners press for oversight and clarity
Summary
Christian of EDWC told the Germantown EDC that Flamingo Marine plans a mass-production pontoon plant and has committed to occupy remaining Building 6; EDWC said that combined interest could trigger construction of Building 7 and accelerate closure of the Zilber TID, but commissioners pressed about risk allocation, oversight, and the proposed intergovernmental agreement with Washington County.
Christian, representing EDWC, briefed the Economic Development Commission on Feb. 10 about a prospective expansion by Flamingo Marine and the possible implications for the Zilber development tax-increment district (TID). Christian said Flamingo intends to occupy remaining space in Building 6 and that combined lease commitments could be the trigger to authorize construction of Building 7 — a step EDWC said would help the TID close out early and return surplus funds to taxing jurisdictions.
Christian described the structure as conditional and subject to several caveats: village‑board approval, underwriting by EDWC’s loan committee, and documented performance by the company (capital…
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