HomeMy WebLinkAboutTID 16 JRB amendment Minutes 04 01 20JOINT REVIEW BOARD
Meeting Minutes
April 1, 20120
11:00 a.m., City Hall Room 404
Present: Barb Herzog, Oshkosh Area School District Board of Education (Remotely); Mark
Rohloff, City of Oshkosh; Mark Harris, Winnebago County
Staff: Allen Davis, Community Development Director; Mark Lyons, Planning Services
Manager; Kelly Nieforth, Economic Development Services Manager
The meeting was called to order at 11:02 a.m. by Mr. Harris.
Mr. Rohloff nominated Mr. Harris and was seconded by Ms. Herzog for Mr. Harris to chair the
meeting. Motion carried.
Approve Resolution Permitting Certain Expenditures to be Made within a One Half Mile Radius
of Tax Incremental District No. 16
Mr. Davis discussed the need for the TID 16 amendment. The proposed funds will be used to help fund
the Greater Oshkosh Economic Development COVID-19 Emergency Response Loan Fund which will
assist businesses during this difficult time. Mr. Harris asked how much the taxing jurisdictions would
lose if the amendment is approved. Mr. Davis indicted that at this time, the city would look at using
$215,000 of TID 16 existing funds. The current balance in the fund is $800,000 so TID 16 would still
close and meet the TID's debt obligations.
Ms. Herzog made a motion to approve the Resolution Permitting Certain Expenditures to be Made
Within a One -Half Mile Radius of Tax Incremental District No. 16 and Mr. Rohloff seconded the
motion. Motion carried 3-0.
Discussion: Possible Tax Incremental District (TID) Amendment to TID No. 14 and No. 19 for
Donation to TID No. 16.
A discussion took place about a possible TID 14 & 19 amendment and potential other options to fund
additional resources for businesses. Mr. Davis indicated that future amendments would be Plan B and C
because it is unknown how long the negative impacts of COVID-19 will last. Ms. Herzog asked if any
of the donor TIDs would include the TID that the Menominee Nation Arena is located in and Mr. Davis
said no. Mr. Harris discussed where all the pots of funds could be used in Winnebago County between
the TID funds, the GO-EDC funds, and the Winnebago County IDB funds. Mr. Harris noted that the
taxing jurisdictions would be potentially losing a payout after the TIDs close, but with the current
situation, it makes sense to use it now to help businesses stay viable.
Motion to adjourn the meeting made by Mr. Rohloff and second by Ms. Herzog. Meeting adjourned at
11:15 a.m. Motion carried.
Respectfully Submitted,
Kelly Nieforth
Economic Development Services Manager