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These minutes to be approved at Common Concil on May 6, 2008
The Plan Commission met at City Hall in the City of Black River Falls on April 2, 2008 at 6:00 P.M. Commissioners Johnson, Boisen, Bjerke, Tamminen and Moe were present. Commissioner Evenson was absent. Mayor Joseph Hunter presided.
1.Mayor Hunter opened the public hearing regarding the proposed amendment of boundaries and project plan for Tax Increment District #1 in the City.
2. Sean Lentz, the City financial consultant from Ehlers, reviewed tax increment financing in general and the Project Plan amendment which is available at City Hall.
3. Commissioner Moe arrived at this time.
4. Resolution #2008-2PC, A resolution designating the proposed amended boundaries and approving a project plan amendment for Tax Increment District #1, City of Black River Falls was distributed and reviewed.
5. It was moved by Commissioner Tamminen, seconded by Commissioner Johnson to adopt Resolution #2008-2PC. Motion carried.
RESOLUTION 2008-2PC
A RESOLUTION DESIGNATING THE PROPOSED AMENDED BOUNDARIES AND APPROVING A PROJECT PLAN AMENDMENT FOR TAX INCREMENTAL DISTRICT NO. 1, CITY OF BLACK RIVER FALLS, WISCONSIN
WHEREAS, Section 66.1105 of the Wisconsin Statutes (the "Tax Increment Law") provides the authority and establishes procedures for amending the boundaries of tax incremental districts and amending project plans for such districts; and
WHEREAS, Tax Incremental District No. 1 ("TID No. 1") was created by the City of Black River Falls (the "City") in 2000 for the purpose of promoting industrial expansion and to provide an economic development tool to guide industrial growth within the community so that growth was orderly, harmonious with adjoining land uses, and promoted the health and welfare of the community in general; and
WHEREAS, Tax Incremental District No. 2 ("TID No. 2") was created by the City in 2001 for the purpose of eliminating blight and to assist the furthering of the employment goals of the area and to provide incentive for private investment; and
WHEREAS, in order to further the goals contained in the original Project Plan for TID No. 1, the City now finds it desirable to amend TID No. 1's boundaries to add additional property, and to amend the Project Plan to update and provide for the undertaking of additional expenditures; and
WHEREAS, the City desires to amend the Project Plan for TID No. 1, in accordance with the provisions of the Tax Increment Law, to allow for the allocation of positive tax increments with TID No. 2, beginning in 2008, contributing to the overall development of the City; and
WHEREAS, the Plan Commission, after completing preliminary planning work, scheduled, gave public notice of, and on April 2, 2008, held a public hearing wherein interested parties were afforded a reasonable opportunity to express their views on the proposed amendment of TID No. 1, and the proposed boundaries and the proposed amendment to the Project Plan thereof in accordance with the procedures specified in the Tax Increment Law; and
WHEREAS, prior to its publication, a copy of the notice of said hearing was sent to the chief executive officer of Jackson County, the Black River Falls School District, and the Western Technical College District, and the other entities having the power to levy taxes on property located within TID No. 1, in accordance with the procedures specified in the Tax Increment Law; and
WHEREAS, the Plan Commission, after due consideration following the said public hearing, determined that the amendment of TID No. 1, as described in the Project Plan Amendment, which is attached as Exhibit A, will provide the City with a viable method of financing the cost of needed public improvements and other project costs within the area and that have been incurred within TID No. 1 and TID No. 2, thereby providing incentives and opportunities for appropriate private development, including
new development and improvement of existing development, contributing to the overall development of the City; and
WHEREAS, the Plan Commission has determined that not less than 50%, by area, of the real property within TID No. 1, as amended, is suitable for industrial purposes within the meaning of Section 66.1101 of the Wisconsin Statutes; and has been zoned for industrial use; and
WHEREAS, the Plan Commission has prepared a Boundary and Project Plan Amendment to TID No. 1 attached as Exhibit A, which includes:
a. A statement listing of the kind, number and location of all proposed public works or
improvements within TID No. 1, or to the extent provided in Section 66.1105(2)(f)1.,
Wisconsin Statutes, outside of TID No. 1;
b. An economic feasibility study;
c. A detailed list of estimated project costs;
d. A description of the methods of financing all estimated project costs and the time when
such costs or monetary obligations related thereto are to be incurred;
e. Proposed changes of zoning ordinances, master plan, map, building codes and City
ordinances;
f. A list of estimated non-project costs;
g. A statement of the proposed plan for relocating any displaced persons or businesses;
h. A statement of how TID No. 1 promotes orderly development;
i. A map showing existing uses and conditions of real property in such District;
j. A map showing proposed improvements and uses therein;
k. An opinion of the City Attorney or of an Attorney retained by the City advising the plan is complete and complies with Wisconsin Statutes, Section 66.1105(4)(f); and
WHEREAS, the Plan Commission has prepared a Project Plan Amendment to the District attached as Exhibit A, which includes the following changes to the TID No. 1's Project Plan relating to the proposed allocation of positive increments from TID No. 1 to TID No. 2:
a. Purpose and findings;
b. An updated economic feasibility study;
c. A summary of the proposed donor and recipient district's performance; and
WHEREAS, in accordance with the procedures specified in the Tax Increment Law, before the Common Council may amend any tax incremental district, the Plan Commission must designate the boundaries of such amended District and approve the Project Plan amendment for such District and submit its recommendation concerning the amendment of TID No. 1 and Project Plan to the Common Council;
NOW, THEREFORE, BE IT RESOLVED by the Plan Commission of the City of Black River Falls as follows:
1. That the Plan Commission hereby designates the boundaries specified in the boundary
description as found in the Project Plan Amendment, attached to this resolution as Exhibit
A and entitled "Territory and Project Plan Amendment to Tax Incremental District No. 1
(an industrial district) and the Project Plan Amendment to Tax Incremental District No. 1 to Allow the Sharing of Increment with Tax Incremental District No. 2, City of Black River Falls" to the area enclosed by said boundaries.
2. That the Plan Commission hereby adopts the Project Plan Amendment attached to this
resolution as Exhibit A, and recommends to the Common Council the approval of such
amendment.
3. That the Plan Commission hereby recommends that the Common Council adopt the
resolution attached to this resolution as Exhibit B hereof and entitled "A Resolution
Amending, Describing and Making Certain Findings for Approving a Project Plan Amendment and Amended Boundaries for Tax Incremental District No 1, City of Black
River Falls, Wisconsin", and thereby formally amend TID No. 1 as of January 1, 2008, and approve its amended boundaries and Project Plan in accordance with the provisions of the Tax Increment Law.
4. That the City Clerk is hereby authorized and directed to provide the City Mayor and
Common Council with certified copies of this resolution, upon its adoption by the Plan
Commission.
Approved
__________________________
Joseph J. Hunter, Mayor
Attest:
___________________________
William Arndt, City Clerk
6.It was moved by Commission Johnson, seconded by Commissioner Boise to close the public hearing as above. Motion carried.
7. It was moved by Commissioner Johnson, seconded by Commissioner Tamminen to adjourn. Motion carried.
William Arndt
City Clerk
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