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10-5145
| A | | TID 2 amendment | Communication | Subject: (Direct Referral) Amendment to the Project Plan of Tax Incremental Districts No. 2, City of Racine.
Recommendation of the Standing Joint Review Board at 6-22-10: Reports, pursuant to sec. 66.1105 (4m) (b), Wisconsin Statutes, that the Joint Review Board met on June 22, 2010 and approved the amendment to the Project Plan of Tax Incremental District No. 2 as described in your Resolution 10-2064, and
Recommends that this item be received and filed.
Fiscal Note: This amendment extends the life of TID-2 and shares its tax increment with TID-14, an overlapping TID. | Recommended For Approval | Pass |
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10-5146
| A | | TID 14 amendment | Communication | Subject: (Direct Referral) Amendment to the Project Plan of Tax Incremental District No. 14, City of Racine.
Recommendation of the Standing Joint Review Board on 6-22-10: Reports, pursuant to sec.66-1105 (4m)(b), Wisconsin Statutes, that the Joint Review Board met on June 22, 2010 and approved the amendment to the Project Plan of Tax Incremental District No. 14 as described in your Resolution 10-2063, and
Recommends that this item be received and filed.
Fiscal Note: This amendment revises the TID plan and budget so the city can undertake pre-development planning, engineering and improvements within the district, which includes the former Walker property. The cost of the pre-development work will be covered by the shared increment from TID-2. | Recommended For Approval | Pass |
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