HomeMy WebLinkAbout30354 / 79-21September 20, 1979
// 21 RESOLUTION
PURPOSE: CREATION OF TAX INCREMENTAL FINANCE DISTRICT
INITIATED BY: DEPARTMENT OF COMMUNITY DEVELOPMENT
WHEREAS, the Planning Co�nission has held a public hearing on the creation
of a Tax Incremental District and the proposed boundaries thereof; and
WHEREAS, the Chief F�cecutive Officers of the Oshkosh Area School District,
Winnebago County Board, and other entities having power to levy taxes on pro-
perty located within the proposed TID have been notified, including the School
Board of any school district which includes property within the proposed dis[rict
pursuant to 66.46 (a) Wisconsin Statutes.
NOW, THEREFORE, BE IT RESOLVED that
Oshkosh creates Tax Incre�ental Financing
described as follows:
TID 111 - Souch Industrial P
the Plan Cocmnission of the City of
District No. 1, City of Oshkosh,
Parcels of property lying in the NE'4 and the SE',, of Section 2�, T 17 N, R 16
E, 14th Ward, City of Oshkosh described as follows:
1) SWZ of NFi Section 2
2) N� of N'� of N? of SE% Section 2
3) NFiL of NF:L Section 2
a) except N.576.75 feet of E.
b) except 5.31.08 feet
4) NW'Z of NF'i,, Section 2
a) except N.1258 feet lying W
b) except N.380 feet of W.234
c) except E.500 feet of N.683
NOTE: Description includes streets
,,,�., ,^,F:D BX ��__-.___—�-----
i
� �---�----� . _ . i
506.86 feet , � '�
�� �� -
of Medalist Drive �
feet of E.734 feet
feet
BE IT FURTHEA RESOLVED that the improvements contemplated in TIF No. 1,
City of Oshkosh, will significantly enhance the value of substantially all real
property in TIF District t3o. 1.
BE IT FURTHER RESOLVED that the value of equalized, taxable property in TIF
District No. 1, City of Oshkosh, together with all other established Tax Incremental
Finance Districts, is .59% of the total value of equalized taxable property
withln the City of Oshkosh.
- 21 -
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