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HomeMy WebLinkAbout07-198 JULY 10,2007 07-198 RESOLUTION (CARRIED TABLE (7-0) LOST LAID OVER WITHDRAWN PURPOSE: AUTHORIZE PREPARATION OF TAX INCREMENT FINANCE PLANS FOR CONVENTION CENTER UPGRADE INITIATED BY: DEPARTMENT OF COMMUNITY DEVELOPMENT WHEREAS, in a joint effort, the City and the Oshkosh Area Community Foundation contracted with Kubala Washatko Architects to prepare an architectural report on the physical condition of the Convention Center together with recommendations on possible improvements to the facility; and WHEREAS, upgrading of the Convention Center was a recommended action in the approved Downtown Action Plan; and WHEREAS, the Oshkosh Area Community Foundation supports said improvements and is interested in making a $1 million loan available to the City for said improvements; and WHEREAS, at a workshop on June 26, 2007, Council directed staff to prepare a resolution for its July 10, 2007 meeting authorizing staff to prepare Tax Increment District plans that would provide funds to cover the cost of improvements to the Convention Center; and WHEREAS, the City is most appreciative of the Foundation's generous offer to assist with the Convention Center improvements. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Oshkosh that the proper City officials are hereby authorized and directed to prepare Tax Increment District plans for improvements to the Convention Center as set forth in the architectural report prepared by Kubala Washatko Architects [said report on file at the City Clerk's Office].