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# 17 RESOLUTION
PURPOSE: CREATION OF TAX INCREMENTAL FINANCE DISTRICT
INITIATED BY: DEPARTMENT OF COMMUNITY DEVELOPMENT
WHEREAS, the Ptanning Commission has held a public hearing on the
creation of a Tax Incremental District 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 cf any school distric± which includes property
within the proposed district pursuant to 66.46 (a) Wisconsin Statutes.
NOW, THEREFORE, BE IT RESOLVED that the Plan Commission of the City of
Oshkosh hereby recomnends creation of Tax Incremental Financing District No. 3,
City of Oshkosh, described as follows:
TID � 3- Southwest Industrial Park
A parcel of land lying in the in the SE� of Section 28-18-16, and the
. E� of Section 33-18-16, 13th Ward, City of Oshkosh, Wisconsin, Win�ebago
County, Wisconsin, described as follows:
Commencing at the southeast corner of South Washburn Street and �a. 20th
Avenue, thence south along the extended east line of South Washburn Street
to the north line of the SE� of Section 33-18-16, thence west along the
north line of the SE� to a point 1062.35 feet east of the west line of said
SE� thence S. DO°42'32" W. to the center line of S.T.H. "44", thence
southwest along the centerline of S.T.H."44" to the west line of the SEz
of Section 33-125-16, thence north along the west line of the E.'� of Section
,.. �t_:.`_. � ° ,< � < �
33-i.-i5 te '.ha scut"e; �y riy-., way r,e :.� t e�armer �h�cago, h1i:,Nau�ae,
St. Paul and Pacific Railroad, thence northeasterly along the southerly
line of said Railroad to the north.line of West 20th Avenue, thence east
along the north line of West 20th Avenue to a point 1460.43 feet east of the
N.� corner of Section 33-18-16, thence 5..00° 37'31" W• to a point 290.40 feet
S. of N. Section line of Section 33, thence southerly 82.09 feet along the
arc of a curve to the right having a radius of 285.05 feet and the chord of
which bears S. O8° 5z'31" W. 81.81 feet, thence 5. 17° 07'31" W• 124.16 feet,
thence 5.89° 22'29" E. 305.00 feet, thence N. 06° 55'10" E. 201.01 feet,
thence 5.89° 22' 29" W. 115•00 feet, thence N 00° 37'31" E. 257•40 feet to
the south line of West 20th Avenue, thence east along the south line of West
20th Avenue to the southeast corner of Wes*_ 20th Avenue and South Washburn
Street, also being the point of beginnina.
— 17A —
BE IT FURTNER RESOLVED that the improvements contemplated in TIF �3, City
of Oshkosh, will significantly enhance the value of substantially all real
property in TIF District No. 3.
BE IT FURTHER RESOLVED that the value of equalized, taxable property in TIF
District No. 3, City of Oshkosh, Cogether with atl other established Tax Incremental
Finance Districts, is 1.09% of the total value of equalized taxable property within
the Cty of Oshkosh.
- 17B -
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