HomeMy WebLinkAbout07-275
SEPTEMBER 25, 2007
SEPTEMBER 11, 2007
07 -261
07 -27 5
PENDING
RESOLUTION
(CARRIED 7-0 LOST
LAID OVER
WITHDRAWN
PURPOSE:
ALLOCATION I PROJECT PLAN AMENDMENTS:
AMENDMENT #4 - TIF #7 SOUTHWEST INDUSTRIAL PARK
AMENDMENT #2 - TIF #9 WASHBURN STREET
INITIATED BY:
DEPARTMENT OF COMMUNITY DEVELOPMENT
PLAN COMMISSION RECOMMENDATION: Approved
WHEREAS, the City of Oshkosh has created TID #7 Southwest Industrial Park,
TID #9 Washburn Street, and TID #16 100 Block Redevelopment Project; and
WHEREAS, Wis. Stats., provide for the ability to amend the project plan of a TID
to permit positive tax increments to be donated to a blighted TID; and
WHEREAS, TID #16 is not performing financially as anticipated; and
WHEREAS, TIDs #7 and #9 have the financial capability to act as donor districts
to TID #16; and
WHEREAS, the Plan Commission has held a public hearing and has notified the
Chief Executive Officers of all local government entities having the power to levy taxes
on property within the District.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Oshkosh that:
1) The original findings for TID #7 (see attached Exhibit A) and TID #9 (see
attached Exhibit B) are still valid.
2) The proposed amendments are feasible and in conformity with the City's
Comprehensive Plan.
3) There are sufficient revenues in the donor districts of TIDs #7 and #9 to account
for the required debt service in those districts and still be able to transfer excess
revenues to TID #16.
4) The amendments will not result in the City exceeding its value limitation cap of
12% with the City currently at 6.7%.
BE IT FURTHER RESOLVED that the Common Council approves of said Project
Plan and Allocation Amendments for Tax Increment Districts #7 and #9 pursuant to the
provisions of Wis. Stats.
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EXHIBIT A
JULY 20, 1989
#196
RESOLUTION
(CARRIED_____~LOST------LAIrr OVER______WITHDRAWN~-----)
INITI4TEDBY:
CREATION OF TAX INCREMENTAL FINANCE DISTRICT #7
CITY ADMINISTRATION
PURPOSE:
PLAN COMMISSION RECOMMENDATION: Approved 8-0
WHE~EAS, the Plan Commission has held a public hearing on the
creation of a Tax Increment District and the proposed boundaries
thereofj and
WHEREAS, the Chief Executive Officers of the Oshkosh ,Area School
District, Winnebago County Board, and other entities having power to
levy taxes on property located within the proposed TID have been
notified including the School Board of any school district which
includes property within the proposed District pursuant to Section
~6.46(a), Wisconsfn Statutes.
NOW, THEREFORE,' BE IT RESOLVED that the Cemm'on Council of the City,
of Oshkosh hereby approves creation of Tax Incremental Financing
District No.7, City of Oshkosh, described as follows:
TIll !1 = SOUTHWEST INDUSTRIAL fAR[
A parcel of land lying in the E 1/2'of the HE 1/4 of Section 32-18-
16 and in Section 33-18-16, 13th Hard, City of Oshkosh, Hinnebago
County, Wisconsin, described ss follows:
, '
Commencing at the intersection of the S. line of H, 20th Ave
(C.T.H. "K") and the E line of said 6ection.,32, thence H along the
S line of H. 20th Ave (C.T.H. "K") to theW line of the E'1/2 of
theW 1/2 of the HE 1/4 of the 1m 1/4 of Baid Section 32. thence S
, parallel to the H line of the NE 1/4 of the HE 1/4 of said Section
32 to ~he S line of the HE 114 of the HE 1/4 of said Section 32,
thence H along the, S line of the HE 1/4 of the HE 1/4 of said
Sectibn 32 to the SH corner of the NE 1/4 of the NE 1/4 of said
Section 32, thence 6 along the H lIne of theSE 1/4 of the HE 1/4
of saId 6ection 32' to the 5 llne of the NE 1/4 of said Section 32,
thence E along the S line of theNE 1/4 of said Section 32 ~o the
E line of said Sec'tlon 32, thence S along, the H line of SectIon
33-18-16 to the S line of said Section 33-18-16, thence E along
the S line of Section 33-18-16, 925.5 ft. , thence N 00029'50" E
367.00 ft.( thence S 89018'40. g 10~.0 ft., thenc~ S 00029'50" H
367.0 ft. to the S line of Section 33-18-16, thence E along the S
line of Section 33-18-16 to ~he SE corner of theSE 1/4 of thi,SW
1/4 of Section 33-18-16, thence H 00041'15" E 290.40 ft. along the
E line of the SE 1/4 of the SM 1/4 of 6ection33-18-16, ~hence S
89012'04" E IBO.OO'ft., thenceS 00041'15"H 290.40 ft. to the S
line of Section 33'-16-16, thence E along the S line of Section 33-
18-16, 1038,38 ,ft., thence H00038'23" E 196,00 ft., thence 5
89012'04" E 15(1,0 ft, to the E line of t.he SH 1/4 of the SE 1/4 of
Section 33-16-16, thence S along tbe E line of theSH 1/4 of the
SE1/4 of 5ection33-16-16 to theS line of said Section 3a,
thence E along the S line of said Section 33 to the SE corner of
said Section 33 I thence H along the E line of said Section 33 I
1516,36 ft. I thence H 89037'30" H to a point 583 ft.E of the H
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.JULY 20 l 1989
EXHIBIT A cont'd
#196
RESOLUTION (cont'd)
line of the HE 1/4 pf the SE 1/4 of said Section 33, thence S
00003J03" E 305 ft" thence H 69037"30" H 563 ft. to the W line of
the SE lit of the SE 1/4 of said Section 33, thence H 00036'Z3" E
179.38 ft. along the E line of the H L/2 of theSE 1/40i Section
33-1B-16, thence H 35044'50"W 487.29 ft. to the ~ly right-of-way
line of S.T'.Il. "44", thence HEly along the Sly li'ne of S,T.H. "44"
to the extended Hly line of property described in Doc. ~4458~1 as
recorded in Hinnebago County Register of Deeds office, thence Mly
along the Hly line of property described in said Doc, ~445601 to
the R line of the NH 1/4 of the SE 1/4 of EaidSection 33, thence
E along the S linecof the HE 1/4 of said Section 33 to the Nly
line of S.T,8, -44", th~nce E along the Hly line of S.T.H. "44- to
the Wly line, of U. 6. H. "41", thence HIy along the, Hly line of
U.6,H. "41" to tile extended Sly line of EllenHood Cemetery as
recorded in Doc. "146792. HinnebagoCounty Register of Deeds,
thence E along theextendedS line of said Ellenwood Cemetery to
the E lin~ of S. Washburn St, thence Malons the E line of S.
Washburn St to the 5E corner of 5. Washburn 5t and H, 20th Ave
(C.T,}!. "K"), ,thence H along the S line of r1. 20th,Ave (C.T.H.
"K") to a point 217.00 ft, H of the Eline of the NH 1/4 of
Section 33-18-16, thence e 00015'20" H 240.01 ft., thence N
69016'41"H 4.79 ft" therice S 15028'19" H 394.64 ft, to the Hly
right-of-way' of the HisconB.il) southern Railroad, thence S ,
59 32'39" W~l,092.B7ft. along the Hly right-of-way of the
Wisconsin Southern Railrosd, thence H 00034'58" E 1.187.50 ft. t.o
the S lineofH. 20th Ave (C.T.H. "["), thence H along the S line
of W. 20th,Ave (C.T.H. "K") to the H line of t,he NE 1/4 of the l:lW
1/4 of said Section 33, thence S along the H line of the NE 1/4'of
theNH 1/4 of said Section 33, 266.53 ft., thence H 89020'51" H
142.82 it.. 'thence N 00033' 34" E 266,71 ft, to the 5 line of H.
20th Ave (C.T.H. "K"), thence H along the B line of ,H. 20th Ave
(C.T.H. "K-) 260.43 ft., thence B 00051'56" H 204.48 ft.', thence N
89020'51" H 270.00 ft., thence H 00051'56" E 204.48' ft. to the S
line of, H. 20th Ave (C.T.H. "K"), thence H along the B line of H.
20th Ave (C.T.H. "K") to th~ point of beginning.
Said parcel contains appro~imatelY 626 acres.
BE IT FURTHER RESOLVED that the improvements contemplated in TIE
#7, City 'of Oshkosh, w~ll significantly enhance the value of
substantially all real property inTIF District No.7.
BE IT FURTHER RESOLVED that the value of equalized, taxable
property in TIF District No.7, together with all other
established Tax Incremental Finance Districts, is 3.96 % of the
total value of equalized, taxable property within the City of
Oshkosh.
EXHIBIT A cont'd
JULY 20~ 1989
#197
RESOLUTION
(CARRIED______LOST:_____LAID OVER______WITHDRAWN__~___)
PURPOSE:
INITIATED BY:
APPROVE TAX INCREMENT DISTRICT #7 PROJECT PLAN
CITY ADMINISTRATION
PLAN COMMISSION RECOMMENDATION: Approved 8-U
WHEREAS, pursuant to Section 66.46, Wis. Stats., the City of
Oshkosh has created Tax Increment District No.7, City of
Oshkosh; and
WHEREAS, the City of Oshl\osh Plan Commission has prepared and
adopted a project plan for Tax Increment District, No. 7, City of
Oshkosh, which:
1) Includes a ,statement listing the kind, number and locatio~ of
all proposed public works or improvements within such Districtj
2) Contains an economic feasibility study;
3) Contains a detailed list of estimated project costSj
4) Contains a description of the methods of financing all
estimated project costs and the time when such costs or monetary
obligations related ,thereto are to be incurred;
5) Includes a map showing existing uses and conditions of real
prope~ty, in such District;
6) Includes a map showing proposed improvements and uses
,therein;
7) C6ntains a list of estimated non-project costs;
8) Contains a statement of a proposed method for the relocation
of any person to be displaced; and
WHEREAS, the Plan Commission has held a public hearing and has
notified the Chief Executive Officers of all local government entities
having the power to levy taxes on property within the District,
including the School Board of any school district which includes
property within the District pursuant to Section 66.46(e), Wis.
Stats.; and
WHEREAS, the City of Oshkosh Plan Commission has submitted said
Project Plan to the Common Council of the City of Oshkosh.
'EXHIBIT A cont'd
JULY 20, 1989
#197
RESOLUTION (cont'd)
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City
of Oshkosh that:
1) Said Project Plan for Tax Increment District No.7, City
of Oshkosh, is feasible; and
2) Said Project Plan is in conformity with the Master Plan
of the City of Oshkosh.
BE IT FURTHER RESOLVED that the Common Council of ,the City of
Oshkosh approves said Project Plan for Tax Increment District
No.7, City of Oshkosh, pursuant to the provisions of Section
66.46, Wis. Stats.
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EXHIBIT B
JUNE 6, 1991
91-273
RESOLUTION
(CARRIED
~
.
LOST
LAID OVER
WITHDRAWN
)
PURPOSE:
APPROVE TAX INCREMENT DISTRICT NO. 9 PROJECT PLAN
INITIATED BY:
CITY ADMINISTRATION
PLAN COMMISSION RECOMMENDATION: Approved 9-0
WHEREAS, pursuant to Section 66.46, Wis. Stats., the City of Oshkosh has
created Tax Increment District No.9, City of Oshkosh; and
WHEREAS, the city of Oshkosh Plan Commission has prepared and adopted a
project plan for Tax Increment District No.9, City of Oshkosh, which:
1) Includes a statement listing the kind, number and location of all
proposed public works or improvements within such District;
2) Contains an economic feasibil ity study;
3) Contains a detailed list of estimated project costs;
4) ,Contains a description of the methods of financing all estimated project
costs and the time when such costs or monetary obligations related
thereto are to be incurred;
5) Includes a map showing existing uses and conditions of real property in
such District;
6) Includes a map showing proposed improvements and uses therein;
7) Contains a list of estimated non-project costs;
8) Contains a statement of a proposed method for the relocation of any
person to be displaced.
9) Indicates how the creation of TID No.9 promotes the orderly development
of the City;
10) Contains an opinion of the City Attorney that the Plan complies with
Section!6.46(4)(f), Wis. Stats.
and
WHEREAS, the Plan Commission has held a public hearing and has notified the
Chief Executive Officers of all local government entities having the power to levy
taxes on property within the District, including the School Board of any school
district which includes property within the District pursuant to Section 66.46(e),
Wis. Stats.; and
WHEREAS, the City of Oshkosh Plan Commission has submitted said Project Plan
to the Common Council of the City of Oshkosh.
EXHIBIT B cunt'd
JUNE 6, 1991
91-273
RESOLUTION (cont'd)
NOW, THEREFORE, BE IT RESOLVED by the Common Counc il of the C it y of Oshkosh
that:
1) Said Project Plan for Tax Increment District No.9, city of Oshkosh, is
feasible; and
2) Said Project Plan is in conformity with the Master Plan of the city of
Oshkosh.
BE IT FURTHER RESOLVED that the Common Council of the City of Oshkosh approves
said Project Plan for Tax Increment District No.9, City of Oshkosh, pursuant to
the provisions of Section 66.46, Wis. Stats.
EXHIBIT B cont'd
JUNE 6, 1991
(CARRIED
91-274
RESOLUTION
LOST
LMD OVER
WITHDRAWN
)
"
PURPOSE:
INITIATED BY:
CREATION OF TAX INCREMENTAL FINANCE DISTRICT NO. 9
CITY ADMINISTRATION
PLAN COMMISSION RECOMMENDATION: Approved 9-0
WHEREAS, the Plan Commission has held a public hearing on the creation of a
Tax Increment Distr.ict and the proposed boundaries thereof; and
WHEREAS, the Chief Executive Officers of the Oshkosh Area School District,
Winnebago County Board, and other entities ,having power to levy taxes on property
located within the proposed TID have been notified including the School Board of
any schoOl district which ,includes property within the proposed District, pursuant
,to-Section 66.46(a}, Wisconsin Statutes. '
, NOW, THEREFORE, BE IT RESOLVED. that the Common Council of the city of Oshkosh
hereby approves creation of Tax Incremental Financing District No.9, City of
OShkosh,asdescribedin the attached "Exhibit A".
BE'IT FURTHER RESOLVED that the improvements contemplated in TIF ~9, City of
. Oshkosh, are likely to. significantly enhance the value of substantially all real
property in TIF District No. 9~' ,. . ,
BE IT FURTHER RESOLVED that the value of equalized, taxable property in TIF
District No. 9, together with all other established Tax Incremental Finance'
D,istricts, does, not exceed 7% of the total equalized value of taxable property
within the C1ty:of Oshkosh. .
BEIT'FURTHER RESOLVED that not less than 50% of the real property within TID
fl:9 is suitable ,for industrial uses within the meaning of Section 66.52, Wis.
Stats., and has been zoned for industrial use. . '
BE IT FURTHER RESOLVED that the project costs are consis~ent with the purposes
for which the Tax Increment District is created with the primary objective being
to provide the infrastructure necessary to facilitate the development of land in
the industrial corridor along the west side of u.s. Highway "41".
BE'IT FURTHER RESOLVED that'all property within TID #9 is zoned for industrial
use and intended for industrial ,development and will remain zoned industrial for
the life of the District.
EXHIBIT B con t ' d,
Res 91-274
"EXHIBIT A"
TIDNO. 9 - WASHBURN STREET
A part ~f the NE 1/4 and'theSE1/4 of Section 4, T17N. R16E, and a
part of the E 1/2 of the NE 1/4 and the E 1/2 of the SE 1/4 of Section
9, T17N. R16E; and a part of the NE 1/4 of Section 16, T17N. R16E, all
in the 13th Ward. city of Oshkosh, Winnebago County. wisconsin~
described as follows: Commencing at theSE corner of Section 33,
TISN, R16E,and being the true point of beginning; thence W along the
S line of said Section 33, also being the N line of Secti~n 4, T17~.
R16E. to the NW corner of the NE 1/4 of the NE 1/4 of said, Section 4;
thence S along the'W line of the E 1/2 of the NE 1/4 of said Section 4
to ~ point that is 99ft. 'N of the SE corner of the SW 1/4 of the NE
1/4 of said~ection 4; thence W along a line 99~t. N of and parallel
to the S line of the SW 1/4 of the NE 1/4 to a point on the W line of
the E l/Z of the W l/Zo.f the NE 1/4 of said Section 4; thence S 99
ft. along the Wline of the E'l/Zof the W 1/2 of the NE 1/4 of said
section 4 to a point on the N line of the SE 1/4 of said section 4;
thence S along the W line of the E l/Z of the NW 1/4 of the SE 1/4 of
said Section 4 to its SW corner thereof; thence E along the S line of
the NW 1/4 of theSE 1!4to the SE corner of said NW 1/4 of the BE
1/4; thence S along the. W line.of the SE 1/4 of the SE 1/4 of said'
section '4 to the SW corner of said SE 1/4 of the SE 1/4 of Section 4;
thence S along the'W,iine,of the E 1/2 of the NE 1/4 of-section 9,
T17N, R16E to the SW corner of the SE 1/4 of ,the NE 1/4 of said
section 9; thence S along the W lirie-of the E 1/2 of the SE 1/4 of
said Section 9 to the SW corner of the SE 1/4 of the SE 1/4 of said
'Section 9; thence N 890":'08' -1Z" ',E along the S 1 ine of s.3.id Section 9.
also being,theN line of section 16, T17N,R16E, to the NE corner of
the W 1/2 of the NE 1/4 of the NE 1/4 of said section 16; thence Sly
330ft. 'along the E,line Of the W 1/Z of the NE1/4 of the NE 1/4 of
s~id section 16;'thence S 890-08'-lZ" W along a line 330 ft. S of and
~arallel to theN line of theNE 1/4 of said section 16 to a point
that is N 890-08'-12" E- 1469.64 ft. and S 000-59'-22" E 330' ft. from
the N 1/4 corner of said Section 16; thenceS 000-59i-22" E ~OO'ft.;
thence S 890-08'-1Z" W 172.03 ft. ; thence S 000-59'-22" E 7Ci1.58 ft.
to a point on the S line of the NW 1/4 of the NEl/4 of said Section
16; thence N 890-10' -22" E along the S 1 i ne of the NW 1/4 of the NE
1/4 and"the NElf4 of,~he NE 1/4 of said Ssction 16 to its inter-
section wi th th.e cen te rl ine 6f S. T. H. "Z6":' thence SWl y along the
centerline of S.T.H. "26" to a line bearing N 650-52'-10" W~ thence S
650-5Z'-10" E to a point on the Ely right-of-way line of S.T.H. "26";
'thence continue S 650-52'-10" E477.1Z ft.; thence S 020-58'-08" W
285.38 ft. to a point' on the S line of the NE 1/4 of said sactian 16;
'thence N 890-1Z'-30" E'603.09 ft. along the S line of the NE 1/4 of
said Section 16 to the E 1/4 corner of said Section 16: thence N along
the E line of the NE 1/4 of said Section 16 to the NE corner of said
Section 16; thence N along the E line of the SE 1/4 of said Section 9,
T17N, R16E, to the E 1/4 corner of said Section 9; thenc~ N along the
E line of the NE 1/4 of said Section 9 to a point 600 ft. S of the NE
corner of the SE 1/4 of the NE 1/4 of said Section 0: thence W 450
ft.; thence N 600 ft. to a ooint on the N line of the SE 1/4 of the NE
1/4 of said section 9~ thence E' 450 ft. along the N line of the SE 1/4
of the NE 1/4 of said Section 9 to the NE corner of the SE 1/4 of'the
NE 1/4 of said Section 9; thence N along the E line of the NE 1/4 of
the NE 1/4 of said Section 9 to the NE corner of said Section 9;
thence N along the E line of the SE 1/4 of said Section 4, T17N, R16E,
to the E 1/4 corner of said Section 4; thence N along the E line of
the NE 1/4 of said section 4 to the NE corner of said Section 4;
thence W 49.50 ft. along the N line of said Section 4 to the SE corner
of Section 3.3. T18N, R16E, and being the true poif")t of,~,beginning.