HomeMy WebLinkAbout91-068 FEBRUARY 21, 1991 91-68 RESOLUTION
(CARRIED LOST LAID OVER WITHDRAWN )
PURPOSE: APPROVE TAX INCREMENT DISTRICT N0. 8 PROJECT PLAN
INITIATED BY: CITY ADMINISTRATION
PLAN COMMISSION RECOMMENDATION: Approved 7-0
WHEREAS, pursuant to Section 66.46, Wis. Stats. , the City of Oshkosh has
created Tax Increment District No. 8, City of Oshkosh; and
WHEREAS, the City of Oshkosh Plan Commission has prepared and adopted a
project plan for Tax Increment District No. 8, 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 feasibility 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;
5j 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. 8 promotes the orderly development
of the City;
10) Contains an opinion of the City Attorney that the Plan complies with
Section 66.46(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.
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FEBRUARY 21, 1991 91-68 1ZESOLUTION (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. 8, City of Oshkosh, is
feasible; and
2) Said Project Plan is in conformity with the Master Plan of the City of
� Oshkosh. .
BE IT FURTHEft RESOLVED that the Common Council of the Ci.ty of Oshkosh approves
said Project Plan for Tax Increment District No. �, City of Oshicosh, pursuant to
the provisions of Section 66.46, Wis. Stats.
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