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Tomah committee recommends forgiving 2019 sewer advance to TID 8; one council member opposed
Summary
The committee voted to recommend forgiving a 2019 sewer utility advance to Tax Increment District 8 to facilitate closing the underperforming district; Council member Richard Yarrington was recorded as opposed.
The Tomah Committee of the Whole recommended that the Common Council approve a resolution forgiving the 2019 sewer utility advance to Tax Increment District 8 (TID 8).
City Administrator Nick Morales told the committee that forgiving the advance follows standard operating procedure, that taking the advance in 2019 had been unorthodox, and that forgiving it would make closing TID 8 easier because the district is underperforming and carrying debt. Council member Travis Scholze questioned whether the district has sufficient development potential to absorb the debt loss. The motion to recommend forgiveness carried with Council member Richard Yarrington recorded in opposition.
The committee’s action forwarded the matter to the full council for final action. The transcript did not include a dollar amount for the advance, nor did it include a full roll-call vote tally beyond the recorded opposition.
