Fort Atkinson council closes two TIDs and hires consultants to study three new districts
The City Council voted to terminate Tax Increment Districts 6 and 7 and approved separate consulting agreements with Robert W. Baird Co. to explore creating TIDs 11–13 and to amend TID 9; staff said the moves return increment to the tax roll and support downtown redevelopment.
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Manager Houseman told the City Council the city is ready to close two long-running tax-increment districts and start work to establish new ones to support redevelopment. "I'm very pleased tonight to recommend that the council terminate TID6," Houseman said, noting project obligations were paid and that closing the TID will return assessed value to the general tax roll.
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