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HomeMy WebLinkAbout10.21.2025 Business Improvement District Full Agenda TO: Downtown Oshkosh Business Improvement District Board FROM: Megan Lang, Chair DATE: October 17, 2025 PLEASE BE ADVISED the Downtown Oshkosh Business Improvement District Board will hold a regular meeting at 8:00 A.M., Tuesday, October 21, 2025 at City Hall 215 Church Ave. Room 404, Oshkosh, WI to consider the following agenda: AGENDA I. Call to Order II. Police report for Downtown III. Approve Minutes of the September 16, 2025 Meeting IV. Approve Monthly Financial Report V. Approve BID Bylaw Changes VI. Approve BID Budget and Operating Plan VII. Main Street Gathering Area Update VIII. Updates with new Downtown Gift card Program IX. BID Manager and BID Committee Reports a. Events a. Holiday Parade b. Member Co c. Beautification a. Approve Retention Grant for Sugar Rushlow X. Board Member Comments XI. Identification of Agenda Items for the November 18, 2025 Meeting XII. Adjournment 1 Downtown Oshkosh BID Board Minutes September 16, 2025 Present: Megan Lang, James Evans, Barb Nelson, Autumn Urban, Sandy Prunty, Andy Ratchman, Chanda Anderson, Marlo Ambas, Derek Mulloy, Logan Jungbacker. Absent: Jim Stapel, Carrie Olson, Kris Larsen – Council Liaison Staff: Collen Bies – BID Manager, City of Oshkosh Sara Rutkowski Community Development Director and Patrol Officer Bonnett Others: Bill Bracken – Farmer’s Market I. Call to Order Ms. Lang called the meeting to order at 8:04 am. A quorum was declared present. II. Police Report for Downtown Comments were made about the appreciation for the Home Base Downtown and the responsiveness of the officers. III. Approve Minutes of the August 19, 2025 Meeting (Prunty, Jungbacker) IV. Approve Monthly Financial Report (Prunty, Anderson) Spending is roughly at 65% and on track budget-wise. Funding is still available for grants. Discussion was held on the retention grants, Jungbacker suggested increasing the funds available per application and adjusting who or what items would be available for the grants. Spring beautification blitz was discussed as a possibility to make it easier for applications. A committee will be created to discuss the grant programs and see what changes could be brought forward. V. 400 East String Lighting Discussion was held that both property owners are interested with developing that space into more of a gathering space. Ms. Bies and City Staff will discuss options and bring a presentation back to the board. VI. Vote on BID/DOI Contract Motion to approve the contract (Prunty, Ratchman) Roll Call Vote: Megan Lang - yes James Evans - abstain Barb Nelson - abstain Autumn Urban - yes Sandy Prunty - yes Andy Ratchman - yes 2 Chanda Anderson -abstain Marlo Ambas yes Derek Mulloy - yes Logan Jungbacker – abstain Motion carried with 6 ayes, 4 abstains VII. Downtown Gift Program Updates Program should be ready to be implemented by November to time right with the Holiday season. Colleen will be working with business owners as it progresses. The financials are one of the final steps to be worked out. A promotion will be held to handle the older gift cards still present in the community and a grace period offered to allow them to be used. VIII. BID Manager and BID Committee Reports The police presence has been incredibly helpful at the BID events. Boos and Brews is coming up on October 11, with ticket numbers higher than last year already. Holiday wine walk business sign up is live. Holiday Parade Committee is meeting and sponsorship funds have been offered. Bus advertising will occur in the Fall. MemberCo had some discussion on the ability to put up signage with the bridge closing. IX. Board Member Comments Bracken requested additional funding ($5,000) to support a part-time person to assist the Farmer’s Market. X. Identification of Agenda Items for the October 2025 Meeting Bid Budget discussion (Farmer’s market request) 400 E Alley BID/DOI Contract By-laws update (City Ordinance changes at the same time) Grand Opera House Update if possible New Bus Station Update XI. Adjournment Adjourned 9:01 am (Anderson, Jungbacker). 10/16/2025 2025 Spend To Date Allocation YTD Days to Date % of the Year $269,300.00 Budget Actual Revenue - 2024 BID Assessment Revenue - Sponsorship Revenue - Event Income Revenue - ARPA Funding Revenue - Vibrant Spaces Grant Interest-Other Investment $269,300.00 $267,959.73 Reserves / Capital Improvements Leadership 69.69% 68.72% Recruitment/Retention/Beautification Grants Events 74.33% Advertising 64.14% Gift Card Program New Program Arts & Beautification 51.54% Storage Unit 91.67% 288 79% OSHKOSH CONVENTION AND VISITORS BUREAU INC $128,000.00 $(89,198.32) Website Maintenance/Office Supplies $5,000.00 $(4,471.02) Training $1,000.00 $(692.07) Strategic Planning $10,000.00 $(10,798.53)Completed $20,000.00 $(1,400.00)2 prospects Waterfest $2,500.00 $(2,500.00)Completed Music in the Square/Lunch Events $15,000.00 $(10,662.45)Completed Wine/Beer Walks $10,000.00 $(8,217.45) Holiday $15,000.00 $(8,678.74) Chalk Walk $4,000.00 $(4,127.20)Completed Farmers Market $5,000.00 $(5,000.00)Completed Chocolate Stroll $500.00 $(692.80)Completed Downtown Events $2,500.00 $(629.39)Under Budget $15,000.00 $(9,621.00) $1,000.00 $(6,750.00)Expected Maintenance $10,000.00 $(5,154.17) Holiday/Seasonal Plantings $20,000.00 $(11,388.36) Seagull Mitigation Project $3,000.00 $(3,433.00)Completed $1,800.00 $(1,650.00) $140,610.00 $134,832.16 $35,000.00 $25,644.54 $43,690.00 $22,217.74 $50,000.00 $50,000.00 $-  $27,872.43 $-  $7,392.86 $123,121.01 $151,952.49 69.69% 89.42% 69.21% 107.99% 100.00% 71.08% 82.17% 57.86% 103.18% 100.00% 138.56% 25.18% 51.54% 56.94% 114.43% DOWNTOWN OSHKOSH BUSINESS IMPROVEMENT DISTRICT 2026 OPERATING PLAN BID Board Approved: Common Council Approved: TABLE OF CONTENTS DOWNTOWN OSHKOSH BID DISTRICT BOUNDARIES .............................................................. 1 INTRODUCTION ..................................................................................................................... 2 THE BID LAW ......................................................................................................................... 2 2025 OPERATING PLAN AND ASSESSMENT ............................................................................. 3 PROGRAM CATEGORIES…………………………………………………………………………………………………………3 ORGANIZATION ..................................................................................................................... 6 RELATIONSHIP TO DOWNTOWN PLANNING ........................................................................... 7 DOWNTOWN OSHKOSH BID ASSESSMENT METHOD .............................................................. 8 APPENDIX A - BUDGET ……………………………………………………………………………………………………………9 APPENDIX B - ASSESSMENT ROLL ......................................................................................... 10 APPENDIX C - WISCONSIN STATUTES, SECTION 66.1109 ....................................................... 12 APPENDIX D - LEGAL OPINION ............................................................................................. 14 APPENDIX E - DOWNTOWN OSHKOSH BID BOARD ROSTER .................................................. 15 Downtown Oshkosh Business Improvement District Boundaries In general, the boundaries of the Downtown Oshkosh Business Improvement District are the Fox River on the south, Division St. on the west, Parkway Ave. on the north and Jefferson St./State St. on the east. INTRODUCTION In 1980, the Common Council adopted the Downtown Redevelopment Plan and Implementation Strategy. The Plan recommended increasing organizational efforts between the public and private sectors as well as establishing a voluntary special assessment district. A follow-up study, Planning Report - Central City Oshkosh, approved by the Common Council in 1987, expanded various elements of the previous plan and recommended the creation of a management vehicle and funding base to serve the downtown area. The management tool recommended was a Business Improvement District. The Downtown Oshkosh Business Improvement District (BID) is an essential entity to the Central Business District of Oshkosh. The BID, created in 1987, has maintained its initial premise to retain available free parking in the downtown, as well as proactively support revitalization efforts. Through the BID, property owners assess themselves to pay for activities to enhance and improve the downtown and to bring customers to the area. The downtown continues to change as the mix of residential, commercial and professional occupants fill the district. The BID welcomes these changes as opportunities to continue economic development in our central city. As of 2026, Downtown Oshkosh, Inc. (DOI), a nonprofit organization, is under contract with the BID to administer the Operating Plan. This transition allows for professionalized service delivery and greater alignment with broader downtown revitalization efforts. BID LAW On April 6, 1984, the State of Wisconsin passed a law (Act 184), which allows for the creation of Business Improvement Districts. The law authorizes cities, villages and towns to create one or more business improvement districts to allow businesses within those districts to develop, manage, maintain and promote their districts and to establish an assessment method to fund these activities. A BID must be a geographic area within a municipality consisting of contiguous parcels that are subject to real estate taxes. The formation of a Business Improvement District allows downtown businesspeople, property owners, merchants, City officials and others to work together to determine what needs to be done to upgrade and strengthen the downtown and to pay the cost of those efforts, in whole or in part. It is a way for downtown stakeholders to decide what they want and to finance it. A BID is the best available method for businesspeople to organize, coordinate marketing and promotion efforts, provide management and maintenance programs and encourage business development. It affords property owners and businesspeople a viable role in directing those affairs within the district. It also ensures that all beneficiaries of District programs participate in the funding of the programs. Appendix C is a copy of the Wisconsin Statutes Section 66.1109, regarding BIDs. DOWNTOWN OSHKOSH BUSINESS IMPROVEMENT DISTRICT 2026 OPERATING PLAN AND ASSESSMENT The Downtown Oshkosh BID has allocated funds for the 2026 Operating Plan based on historical priorities and current needs identified by the BID Board. All expenses outlined below will be administered through a professional services contract with Downtown Oshkosh, Inc. (DOI), which is responsible for implementing the BID Operating Plan on behalf of the Board. The BID budget is organized into the following categories: Program Management & Administration, Beautification & Public Space Improvements, Grant Programs, Marketing & Promotion, and Reserves. The BID will assess itself $134,832.17 in 2026. PLAN OF ACTION/GOALS The BID will continue to invest in projects, partnerships, and services that enhance the economic vitality, appeal, and functionality of the downtown district. In 2026, the BID will focus on initiatives that leverage the contractual relationship with Downtown Oshkosh, Inc. (DOI) to ensure coordinated execution of programs while maintaining clear organizational separation and accountability. These goals directly align with the BID’s mission and the 2026 budget priorities. 1. Maintain a clean, safe, and welcoming downtown: Continue year-round maintenance, beautification projects, and public space enhancements to ensure a positive experience for residents, workers, and visitors. 2. Support business recruitment and retention: Work with DOI, the City, and economic development partners to strengthen the downtown business mix, encourage investment, and fill service gaps. 3. Enhance public spaces with seasonal plantings, décor, and art installations: Build on the BID’s identity by creating vibrant, attractive spaces that encourage people to linger and return. 4. Increase downtown marketing visibility: Fund coordinated marketing campaigns that highlight downtown businesses and events, targeting both local residents and visitors. 5. Strengthen partnerships to deliver events and programs that drive economic activity: Collaborate with local organizations to produce well-promoted events that support business revenue and foster community pride. PROGRAM CATEGORIES This Operating Plan reflects the portion of the Downtown Oshkosh, Inc. budget that is funded through BID assessments and subject to public reporting. As DOI is an independent nonprofit organization, the remainder of its operating budget, which includes sponsorships, private fundraising, and grants; is not included here but is managed under standard nonprofit governance and oversight. The Downtown Oshkosh BID has allocated funds for the 2026 Operating Plan based on historical priorities and current needs identified by the BID Board. All expenses outlined below will be administered through a professional services contract with Downtown Oshkosh, Inc. (DOI), which is responsible for implementing the BID Operating Plan on behalf of the Board. Program Management & Administration DOI Service Agreement Contract Through its contract with Downtown Oshkosh, Inc. (DOI), the BID funds professional management services to implement the Operating Plan. This includes staffing, administrative overhead, financial tracking, program coordination, stakeholder engagement, and compliance reporting. Beautification & Public Space Improvements Funds allocated to enhance and maintain the physical appearance and appeal of Downtown Oshkosh through seasonal plantings, cleanup efforts, and the ongoing seagull mitigation project. Monthly Maintenance The Downtown BID maintains many different beautification efforts throughout the downtown area from seasonal banners and tree lightings to murals and garbage cleanup. Seasonal Plantings These funds will be used for flowers for the BID’s 103 flower pots and 20+ bump outs as well as holiday greens and decor for the pots in the winter months. Seagull Mitigation Project The BID contracts with the U.S. Department of Agriculture’s Wildlife Services team for the removal of seagull eggs and nests throughout the downtown area. This is a multi-year process with a contract with the USDA. Grant Programs To support revitalization and economic development, BID funds are allocated to grant programs for business recruitment, property beautification, and public art. All programs are administered and promoted by DOI. Recruitment Fund Grant The Recruitment Fund Grant is offered as an incentive tool to recruit small businesses to fill vacant spaces and energize the downtown. This grant can be used for leasehold improvements, signage, fixtures and inventory/equipment. Recruitment print materials are also taken from this line item. Beautification Grant Program The Beautification Grant Program was created to provide funds to businesses and/or property owners within the BID to assist with exterior building improvements including but not limited to facades, windows, doors and signage. The purpose of this grant is to improve the business climate in Downtown Oshkosh, enhance the quality of life and to encourage the development and maintenance of the buildings within the Business Improvement District. Beautification print materials are also taken from this line item. Mural Grant Program The Mural Grant Program was established to provide funds to property owners/artists within the BID to encourage exterior artwork that contributes to the beautification and economic vitality of the Downtown Oshkosh BID. Marketing & Promotion Targeted promotional efforts to increase awareness and visibility of Downtown Oshkosh and its events, programs, and businesses. BID marketing is managed by DOI and includes print, digital, and social outreach specifically funded by the BID assessment. Reserves/Capital Improvements These funds have been set aside by the Board for projects and programs to support BID businesses. Any unspent funds from 2026 will be transferred into this account, unless otherwise mentioned as a rollover or transfer into a different line item. ORGANIZATION Pursuant to Section 66.1109(3), Wisconsin Statutes, a Downtown Business Improvement District Board has been appointed by the Mayor and confirmed by the Common Council. The Board is comprised of seven (7) members and two (2) alternates with the addition of a non- voting Council liaison appointment. By-Laws Amended February 2024 The distribution of non-occupant owners and owners/occupants may vary from time to time, as members are reappointed or as new members join the Board. Per section 66.1109 (3a), Wisconsin Statutes, a majority of the board members shall own or occupy real property in the Business Improvement District. Nonresidents of the City of Oshkosh are permitted as members of the Downtown Oshkosh Business Improvement District Board. Other membership requirements may apply per the “By-Laws of the Downtown Oshkosh Business Improvement District” (dated December 19, 1989, amended June 15, 2004, April 19, 2011, April 18, 2017 October 16, 2018, March 19, 2019 and February 24, 2024). In addition, Board members represent different areas within the District, including large and small businesses. As a City entity, the Board will conduct its affairs under the open meetings law and public record requirements. The Director of Community Development or designee serves as the Secretary of the Board. Board meetings are held the third Tuesday of the month, starting at 8:00am, at Oshkosh City Hall or other venue within the BID. A roster of the 2025 BID Board members is included as Appendix E. The Board is responsible for the management of the Business Improvement District. Responsibilities of the Board include implementing the Operating Plan and preparing annual reports on the District. The Board will also annually consider and make changes to the Operating Plan and submit the Operating Plan and Budget to the Common Council for approval. RELATIONSHIP TO DOWNTOWN PLANNING Creation of the Business Improvement District promotes the orderly development of the municipality by implementing recommendations of the City Comprehensive Plan, Downtown Action Plan and Imagine Oshkosh that contain various elements related to downtown design and development with prominent focus on beautification in BID areas as well as the promotion of downtown tourism. In 2000, the Common Council adopted the Downtown Action Plan, which contains various elements related to downtown design and development with prominent focus on redevelopment and beautification in BID areas. In November of 2017, the Common Council adopted Imagine Oshkosh, A Master Plan for our Center City. Imagine Oshkosh is an update and expansion to the Downtown Action Plan and serves as a policy guide and action framework for the center city which includes the BID. The Downtown Oshkosh Business Improvement District is consistent with and critical to the continued successful implementation of these downtown plans. The BID enables the private sector to undertake promotion, management, marketing and other programs essential to a prosperous downtown. As of September 22nd, 2025, implementation of the BID Operating Plan has been formally contracted to Downtown Oshkosh, Inc. (DOI), a nonprofit organization responsible for managing BID-funded services in alignment with these planning priorities. DOWNTOWN OSHKOSH BID ASSESSMENT METHOD The Downtown Oshkosh Business Improvement District special assessment method utilizes assessed value information and property street footage data, both of which are available from the City Assessor's Office. As the absolute values of assessed value and footage cannot be combined, the values are calculated as a percentage of the total assessed value and a percentage of the street footage. The two percentages are added together, then divided by 200 percent, which results in a proportionate value of the total district. In 2021, the BID increased the minimum special assessment from $420.00 to $445.00 and the maximum special assessment from $8,400.00 to $8,820. The 2025 minimum and maximum assessments will not be increased, staying at $420.00 & $8,400.00, respectively. Properties with a proportionate value between 0.0000% and 0.2486% are assessed the minimum special assessment of $445.00. Properties with a proportionate value greater than 5.7100% are assessed the maximum special assessment of $8,820.00. For properties with a proportionate value between 0.2487% and 5.7099% - The property’s proportionate value is multiplied by $1,633.5862, resulting in the special assessment for the property. Example: 101 Algoma Boulevard has a Proportionate Value of 0.330955%. When multiplied by $1,633.5862, the special assessment is $540.64. (0.330955% x $1,633.5862= $540.64) The raw data, assessment calculations and proposed District assessment for each property in the Downtown Oshkosh Business Improvement District are presented in Appendix B. The data for the assessment method have been obtained from the files of the City Assessor and are subject to final tabulation by the City. To account for street front footages, the frontage of the property’s primary address as identified by the City Assessor is used. Properties with more than one street frontage are not combined. Only property used for commercial and manufacturing purposes, including real property used exclusively for manufacturing purposes, in the District will be assessed. Real property used exclusively for residential (single and two-family) purposes will not be assessed. APPENDIX A: 2026 DOWNTOWN OSHKOSH BUSINESS IMPROVEMENT DISTRICT BUDGET REVENUES (BID) Amount BID Special Assessment $ 135,000 Total BID Revenue $ 135,000 Expenses Funded by BID Amount Contract to DOI for Administration (Staff, Admin) $ (130,000) Includes staffing, reporting, compliance, communications and admin support Beautification (Plantings, Maintenance, Seagull Mitigation) Grant Programs (Recruitment, Mural, Beautification). BID-Specific Marketing Contingency $ (5,000) Total BID Expenses $ (135,000) Total Operating Income/Loss $ - APPENDIX B – ASSESSMENT ROLL APPENDIX C – BID STATE STATUTES 66.1109 Business improvement districts. (1) In this section: 66.1109(1)(a)(a) “Board" means a business improvement district board appointed under sub. (3) (a). (b) “Business improvement district" means an area within a municipality consisting of contiguous parcels and may include railroad rights-of-way, rivers, or highways continuously bounded by the parcels on at least one side, and shall include parcels that are contiguous to the district but that were not included in the original or amended boundaries of the district because the parcels were tax-exempt when the boundaries were determined and such parcels became taxable after the original or amended boundaries of the district were determined. (c) “Chief executive officer" means a mayor, city manager, village president or town chairperson. (d) “Local legislative body" means a common council, village board of trustees or town board of supervisors. (e) “Municipality" means a city, village or town. (f) “Operating plan" means a plan adopted or amended under this section for the development, redevelopment, maintenance, operation and promotion of a business improvement district, including all of the following: 1. The special assessment method applicable to the business improvement district. 1m. Whether real property used exclusively for manufacturing purposes will be specially assessed. 2. The kind, number and location of all proposed expenditures within the business improvement district. 3. A description of the methods of financing all estimated expenditures and the time when related costs will be incurred. 4. A description of how the creation of the business improvement district promotes the orderly development of the municipality, including its relationship to any municipal master plan. 5. A legal opinion that subds. 1. to 4. have been complied with. (g) “Planning commission" means a plan commission under s. 62.23, or if none a board of public land commissioners, or if none a planning committee of the local legislative body. (2) A municipality may create a business improvement district and adopt its operating plan if all of the following are met: (a) An owner of real property used for commercial purposes and located in the proposed business improvement district designated under par. (b) has petitioned the municipality for creation of a business improvement district. (b) The planning commission has designated a proposed business improvement district and adopted its proposed initial operating plan. (c) At least 30 days before creation of the business improvement district and adoption of its initial operating plan by the municipality, the planning commission has held a public hearing on its proposed business improvement district and initial operating plan. Notice of the hearing shall be published as a class 2 notice under ch. 985. Before publication, a copy of the notice together with a copy of the proposed initial operating plan and a copy of a detail map showing the boundaries of the proposed business improvement district shall be sent by certified mail to all owners of real property within the proposed business improvement district. The notice shall state the boundaries of the proposed business improvement district and shall indicate that copies of the proposed initial operating plan are available from the planning commission on request. (d) Within 30 days after the hearing under par. (c), the owners of property to be assessed under the proposed initial operating plan having a valuation equal to more than 40 percent of the valuation of all property to be assessed under the proposed initial operating plan, using the method of valuation specified in the proposed initial operating plan, or the owners of property to be assessed under the proposed initial operating plan having an assessed valuation equal to more than 40 percent of the assessed valuation of all property to be assessed under the proposed initial operating plan, have not filed a petition with the planning commission protesting the proposed business improvement district or its proposed initial operating plan. (e) The local legislative body has voted to adopt the proposed initial operating plan for the municipality. (2m) A municipality may annex territory to an existing business improvement district if all of the following are met: (a) An owner of real property used for commercial purposes and located in the territory proposed to be annexed has petitioned the municipality for annexation. (b) The planning commission has approved the annexation. (c) At least 30 days before annexation of the territory, the planning commission has held a public hearing on the proposed annexation. Notice of the hearing shall be published as a class 2 notice under ch. 985. Before publication, a copy of the notice together with a copy of a detail map showing the boundaries of the territory proposed to be annexed to the business improvement district shall be sent by certified mail to all owners of real property within the territory proposed to be annexed. The notice shall state the boundaries of the territory proposed to be annexed. (d) Within 30 days after the hearing under par. (c), the owners of property in the territory to be annexed that would be assessed under the operating plan having a valuation equal to more than 40 percent of the valuation of all property in the territory to be annexed that would be assessed under the operating plan, using the method of valuation specified in the operating plan, or the owners of property in the territory to be annexed that would be assessed under the operating plan having an assessed valuation equal to more than 40 percent of the assessed valuation of all property in the territory to be annexed that would be assessed under the operating plan, have not filed a petition with the planning commission protesting the annexation. (3) (a) The chief executive officer shall appoint members to a business improvement district board to implement the operating plan. Board members shall be confirmed by the local legislative body and shall serve staggered terms designated by the local legislative body. The board shall have at least 5 members. A majority of board members shall own or occupy real property in the business improvement district. (b) The board shall annually consider and may make changes to the operating plan, which may include termination of the plan, for its business improvement district. The board shall then submit the operating plan to the local legislative body for its approval. If the local legislative body disapproves the operating plan, the board shall consider and may make changes to the operating plan and may continue to resubmit the operating plan until local legislative body approval is obtained. Any change to the special assessment method applicable to the business improvement district shall be approved by the local legislative body. (c) The board shall prepare and make available to the public annual reports describing the current status of the business improvement district, including expenditures and revenues. The report shall include one of the following: 1. If the cash balance in the segregated account described under sub. (4) equaled or exceeded $300,000 at any time during the period covered by the report, the municipality shall obtain an independent certified audit of the implementation of the operating plan. 2. If the cash balance in the segregated account described under sub. (4) was less than $300,000 at all times during the period covered by the report, the municipality shall obtain a reviewed financial statement for the most recently completed fiscal year. The statement shall be prepared in accordance with generally accepted accounting principles and include a review of the financial statement by an independent certified public accountant. (cg) For calendar years beginning after December 31, 2018, the dollar amount at which a municipality is required to obtain an independent certified audit under par. (c) 1. and the dollar amount at which a municipality is required to obtain a reviewed financial statement under par. (c) 2. shall be increased each year by a percentage equal to the percentage change between the U.S. consumer price index for all urban consumers, U.S. city average, for the month of August of the previous year and the U.S. consumer price index for all urban consumers, U.S. city average, for the month of August 2017, as determined by the federal department of labor. Each amount that is revised under this paragraph shall be rounded to the nearest multiple of $10 if the revised amount is not a multiple of $10 or, if the revised amount is a multiple of $5, such an amount shall be increased to the next higher multiple of $10. (cr) The municipality shall obtain an additional independent certified audit of the implementation of the operating plan upon termination of the business improvement district. (d) Either the board or the municipality, as specified in the operating plan as adopted, or amended and approved under this section, has all powers necessary or convenient to implement the operating plan, including the power to contract. (4) All special assessments received from a business improvement district and all other appropriations by the municipality or other moneys received for the benefit of the business improvement district shall be placed in a segregated account in the municipal treasury. No disbursements from the account may be made except to reimburse the municipality for appropriations other than special assessments, to pay the costs of audits and reviewed financial statements required under sub. (3) (c), or on order of the board for the purpose of implementing the operating plan. On termination of the business improvement district by the municipality, all moneys collected by special assessment remaining in the account shall be disbursed to the owners of specially assessed property in the business improvement district, in the same proportion as the last collected special assessment. (4g) A municipality may convert a business improvement district under this section into a neighborhood improvement district under s. 66.1110 if an owner of real property that is subject to general real estate taxes, that is used exclusively for residential purposes, and that is located in the business improvement district petitions the municipality for the conversion. If the municipality approves the petition, the board shall consider and may make changes to the operating plan under s. 66.1110 (4) (b). (4m) A municipality shall terminate a business improvement district if the owners of property assessed under the operating plan having a valuation equal to more than 50 percent of the valuation of all property assessed under the operating plan, using the method of valuation specified in the operating plan, or the owners of property assessed under the operating plan having an assessed valuation equal to more than 50 percent of the assessed valuation of all property assessed under the operating plan, file a petition with the planning commission requesting termination of the business improvement district, subject to all of the following conditions: (a) A petition may not be filed under this subsection earlier than one year after the date the municipality first adopts the operating plan for the business improvement district. (b) On and after the date a petition is filed under this subsection, neither the board nor the municipality may enter into any new obligations by contract or otherwise to implement the operating plan until the expiration of 30 days after the date of hearing under par. (c) and unless the business improvement district is not terminated under par. (e). (c) Within 30 days after the filing of a petition under this subsection, the planning commission shall hold a public hearing on the proposed termination. Notice of the hearing shall be published as a class 2 notice under ch. 985. Before publication, a copy of the notice together with a copy of the operating plan and a copy of a detail map showing the boundaries of the business improvement district shall be sent by certified mail to all owners of real property within the business improvement district. The notice shall state the boundaries of the business improvement district and shall indicate that copies of the operating plan are available from the planning commission on request. (d) Within 30 days after the date of hearing under par. (c), every owner of property assessed under the operating plan may send written notice to the planning commission indicating, if the owner signed a petition under this subsection, that the owner retracts the owner's request to terminate the business improvement district, or, if the owner did not sign the petition, that the owner requests termination of the business improvement district. (e) If after the expiration of 30 days after the date of hearing under par. (c), by petition under this subsection or subsequent notification under par. (d), and after subtracting any retractions under par. (d), the owners of property assessed under the operating plan having a valuation equal to more than 50 percent of the valuation of all property assessed under the operating plan, using the method of valuation specified in the operating plan, or the owners of property assessed under the operating plan having an assessed valuation equal to more than 50 percent of the assessed valuation of all property assessed under the operating plan, have requested the termination of the business improvement district, the municipality shall terminate the business improvement district on the date that the obligation with the latest completion date entered into to implement the operating plan expires. (5) (a) Real property used exclusively for residential purposes and real property that is exempted from general property taxes under s. 70.11 may not be specially assessed for purposes of this section. (b) A municipality may terminate a business improvement district at any time. (c) This section does not limit the power of a municipality under other law to regulate the use of or specially assess real property. (d) If real property that is specially assessed as authorized under this section is of mixed use such that part of the real property is exempted from general property taxes under s. 70.11 or is residential, or both, and part of the real property is taxable, the municipality may specially assess as authorized under this section only the percentage of the real property that is not tax-exempt or residential. This paragraph applies only to a 1st class city. History: 1983 a. 184; 1989 a. 56 s. 258; 1999 a. 150 s. 539; Stats. 1999 s. 66.1109; 2001 a. 85; 2017 a. 59, 70, 189. APPENDIX D - Legal Opinion APPENDIX E Downtown Oshkosh Business Improvement District Board Members Board Member Category Term Expires Megan Lang, Chair Owner/Non-Occupant 10/14/2028 James Evans, Vice Chair Owner/Occupant 10/14/2028 Marlo Ambas Owner/Occupant 10/14/2028 Andy Ratchman Non-Owner/Occupant 10/14/2027 Derek Mulloy Non-Owner/Occupant 10/14/2027 James Stapel Owner/Occupant 10/14/2026 Sandra Prunty Owner/Occupant 10/14/2026 Autumn Urban (alt) Non-Owner/Occupant 10/14/2027 Carrie Olson (alt) Owner/Occupant 10/14/2026 Vacant Council Liaison