2025-23091
RESOLUTION NO. 2025-2309
A resolution terminating, dissolving, and de-certifying
Tax Incremental District No. 17
WHEREAS, the City of Janesville created Tax Incremental District No. 17 on September 8, 1997,
and adopted a project plan for the TID in accordance with the provisions of Wisconsin Statues
Section 66.1105. The City amended the District and Project Plan on November 20, 2000; and
WHEREAS, the City Council adopted File Resolution No. 2024-2235 on July 8, 2024 extending
the life of TID No. 17 for an additional twelve months for housing purposes; and
WHEREAS, Wis. Stats Sec. 66.1105(7) requires the termination and dissolution of created TIDs
upon the expiration of the life of the TID and/or the happening of one or more events enumerated
in the applicable Wisconsin statutes; and
WHEREAS, TID No. 17 has reached the end of its lawful effectiveness and life; and
WHEREAS, all TID No. 17 expenditures and projects were completed in the prescribed allowed
time, and
WHEREAS, sufficient positive tax increments on new property value created within the TID have
been collected through and including as of the 2025 tax-roll, payable 2026, to pay in full all TID
No. 17 project costs, and to escrow funds to repay the TID’s remaining outstanding debt, if any,
and that then any remaining excess funds from TID No. 17 held by the City of Janesville shall be
proportionally distributed to each affected, contributing taxing jurisdiction that paid into the TID
during its life, with proportionate shares.
NOW THEREFORE BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY OF
JANESVILLE do hereby terminate, dissolve, and de-certify TID No. 17, effective forthwith; and
BE IT FURTHER RESOLVED that the City Clerk-Treasurer shall notify the Wisconsin Department
of Revenue, within sixty (60) days of the adoption of this resolution, that TID No. 17 has been
terminated and dissolved, in accordance with state law; and
BE IT FURTHER RESOLVED, that the City Clerk-Treasurer shall sign the required Wisconsin
Department of Revenue Final Accounting Submission Date form (PE-223) agreeing on a date by
which the City of Janesville shall send final audited information to the Wisconsin Department of
Revenue; and
BE IT FURTHER RESOLVED, that the City Clerk-Treasurer shall distribute any excess increment
collected, after providing for ongoing expenses of the TID, to the affected taxing districts that paid
into the TID during its life, with proportionate shares to be determined by the final audit by the
City’s Finance Director and/or Auditors.
2
Resolution No. 2025-2309
Page 2
ADOPTED:
APPROVED:
Kevin M. Lahner, City Manager
ATTEST:
Lorena Rae Stottler, City Clerk-Treasurer
APPROVED AS TO FORM:
Wald Klimczyk, City Attorney
Proposed by: Economic Development
Prepared by: Economic Development
Motion by:
Second by:
Councilmember Aye Nay Pass Absent
Burdick
Cass
Erdman
Miller
Neeno
Squire
Williams
June 9, 2025 Neeno
Cass
X
X
X
X
X
X
X
2025-2309
Final Audit Report 2025-06-10
Created:2025-06-10
By:Elizabeth Lopez (lopeze@janesvillewi.gov)
Status:Signed
Transaction ID:CBJCHBCAABAA_lzsWfwvYF8NQnGrexLutqPsikI5nZtX
"2025-2309" History
Document created by Elizabeth Lopez (lopeze@janesvillewi.gov)
2025-06-10 - 6:48:04 PM GMT
Document emailed to Kevin Lahner (lahnerk@janesvillewi.gov) for signature
2025-06-10 - 6:48:21 PM GMT
Email viewed by Kevin Lahner (lahnerk@janesvillewi.gov)
2025-06-10 - 6:51:13 PM GMT
Document e-signed by Kevin Lahner (lahnerk@janesvillewi.gov)
Signature Date: 2025-06-10 - 6:51:24 PM GMT - Time Source: server
Document emailed to Lorena Stottler (stottlerl@janesvillewi.gov) for signature
2025-06-10 - 6:51:25 PM GMT
Email viewed by Lorena Stottler (stottlerl@janesvillewi.gov)
2025-06-10 - 7:10:36 PM GMT
Document e-signed by Lorena Stottler (stottlerl@janesvillewi.gov)
Signature Date: 2025-06-10 - 7:10:48 PM GMT - Time Source: server
Agreement completed.
2025-06-10 - 7:10:48 PM GMT