HomeMy WebLinkAbout05.02.2022 Joint Review Board MinutesJOINT REVIEW BOARD
TID No. 42 Morgan Crossing Phase II
Meeting Minutes
May 2, 2022
Present: Bob Poeschl, Oshkosh Area School District Board of Education; Mark Rohloff,
City of Oshkosh; Amy Van Straten, Fox Valley Technical College; Ethan
Hollenberger, Winnebago County; Burk Tower, Public Member
Staff: Kelly Nieforth, Community Development Director; Mark Lyons, Planning
Services Manager; Jason Pausma, Economic Development Services Manager
The meeting was called to order at 9:00 a.m. by Mr. Poeschl.
Motion by Mr. Tower to approve the resolution creating TID No. 42.
Seconded by Mr. Rohloff.
Ms. Nieforth provided a brief overview of TID 42, noting that it is the last parcel in this
redevelopment area. The project is an 83 units, 5-story multi-family residential development.
The site does have contamination which is the reason for the TID to help with remediation.
There are $2.25M in incentives. There will be administration expenses, as well as expenses to
construct Riverway Drive and Dawes Street cul-de-sacs, which are within a ½ mile of the site.
The TID is projected to close in 13 years. The Common Council approved the resolution for
the TID on a 7-0 vote, and the Development Agreement for the project is currently being
drafted.
Mr. Lyons added that without the TID the development was projected to have a negative
return on investment. He added that the project has all the necessary project approvals from
the city, and that the developers did not receive TIF for the first phase of their development.
Mr. Tower requested that he receive a copy of the TID project plan ahead of the meeting.
Ms. Nieforth responded that a link should have been included for the project plan, but would
double check to make sure they receive a copy of the project plan ahead of the meeting.
Ms. Nieforth noted there are several other overlaying TIDs in the area, and the landlocked
parcel to the south is reserved for a future city water tower.
Motion carried 5-0.
At 9:20 a.m. Mr. Rohloff made a motion to adjourn. Mr. Tower seconded.
Motion carried 5-0.
Respectfully Submitted,
Jason Pausma
Economic Development Services Manager