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Developers present plan for Waunakee Business Park expansion; board moves to closed session on TIF and Hay Day development
Summary
MLG Investments and Saint John Properties presented a plan to extend infrastructure and build two flex buildings on six acres in the Waunakee Business Park and requested a pay-as-you-go TIF incentive; the board voted to enter closed session under Wisconsin Statute 19.85(1)(e) to negotiate terms.
Representatives from MLG Investments and Saint John Properties presented a proposal to develop approximately six acres north of Frank H. Stubb Drive in the Waunakee Business Park, including infrastructure improvements funded by the developer and repaid via a pay-as-you-go tax incremental financing (TIF) incentive if the project generates…
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