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Bonduel adopts redevelopment plan, authorizes TID edits and downtown placemaking spending
Summary
The Village Board adopted a new Redevelopment District Plan, authorized amendments to TID #2 and TID #3 to allow inter‑TID lending, and approved using surplus TID funds for downtown placemaking improvements, actions the board said will support future investment and improve the village’s appearance for America’s 250th anniversary.
The Village of Bonduel Board on March 11 unanimously adopted a new Redevelopment District Plan and authorized amendments to two tax incremental financing districts, moves municipal leaders said will clarify financing options and help spur downtown improvements.
Kristen Fish‑Peterson of Redevelopment Resources presented the draft plan and told the board the Village Redevelopment Authority recommended adoption. The board approved Resolution 2026‑01 to adopt the Redevelopment District Plan by unanimous roll call (motion by Michelle Streetman; second by Kay Zuleger).
Directing Redevelopment Resources to begin wording amendments to TID #2 and TID #3 was the next step. Municipal Operations Director Jesse Rankin said planning staff discovered missing language that would allow the TIDs to lend to and receive money from one another; the board approved Resolution 2026‑02 (motion by Brenda Staszak; second by Andrew Court; unanimous roll call). Rankin reported that two quotes were solicited for the TID amendments—one from Ehlers Public Finance Advisors and one from Redevelopment Resources—and that the Redevelopment Resources quote was lower.
Because the amendment work came in under budget, the board approved reallocating miscellaneous funds from TID #2 and TID #3 toward downtown placemaking measures. Rankin described near‑term improvements including hanging flower baskets, adding brackets downtown, and updating wayfinding signs; the board approved that use of funds (motion by Kay Zuleger; second by Matt Pleshek; unanimous).
Fish‑Peterson also noted that her intern has prepared concept renderings of a public parking area; the renderings will be provided to the Village as a gift from Redevelopment Resources. Board members said they view these steps—plan adoption, TID language clarification and modest placemaking spending—as preparatory work to make the downtown more attractive to prospective private investment.
The board took these votes as part of its regular meeting and did not attach additional conditions to the resolutions. The redevelopment actions are intended to enable later projects to proceed with clearer financing mechanics; staff indicated further design work and community input will follow.
