HomeMy WebLinkAbout08-233JUNE 24, 2008 08-233 RESOLUTION
(CARRIED
PURPOSE
INITIATED BY
LOST LAID OVER WITHDRAWN X )
PRIOR TO THE COUNCIL MEETING BY PETITIONER
AUTHORIZE PREPARATION OF TAX INCREMENT DISTRICT
PROJECT PLAN FOR EAA
EXPERIMENTAL AIRCRAFT ASSOCIATION
WHEREAS, the Experimental Aircraft Association (EAA) is embarking on a major
initiative to renovate and expand the AirVenture site at a cost of $17.2 million; and
WHEREAS, EAA is requesting that the City create a Tax Increment District on
the south side of Waukau Avenue on the EAA grounds, on property owned by
Winnebago County, to assist with EAA's plans to develop amulti-million dollar exhibition
hall.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Oshkosh that in order to enable consideration be given to the creation of a Tax
Increment District and the possible provision of assistance in support of EAA developing
a multi-million dollar exhibition hall on the AirVenture site, the proper City officials are
hereby authorized and directed to prepare a Tax Increment District project plan for said
improvements as set forth in EAA's proposal to the City [said proposal on file at the City
Clerk's office].