2016-1295 •
RESOLUTION NO. 2016 -1295
A resolution approving an amendment to the Project Plan of Tax Incremental District No.
33, City of Janesville, Wisconsin.
WHEREAS, the City of Janesville (the "City ") has determined that use of Tax
Incremental Financing is required to promote development and redevelopment within the City;
and
WHEREAS, Tax Incremental District No. 33 (the "District ") was created by the City on
September 22, 2008 as a mixed -use district; and
WHEREAS, on May 26, 2015, the Common Council of the City of Janesville adopted
Amendment No. 1 to the Project Plan for Tax Incremental District No. 33 modifying the list of
eligible project costs; and
WHEREAS, the City now desires to amend the Project Plan of the District in accordance
with the provisions of Wisconsin Statutes Section 66.1105, (the "Tax Increment Law "); and
WHEREAS, such amendment will allow for the District to share surplus increments with
Tax Incremental District No. 36 under the provisions of Wisconsin Statues Section
66.1105(6)(f); and
WHEREAS, an amended Project Plan for the District (the "Amendment ") has been
prepared that includes:
a. A statement listing of the kind, number and location of all proposed public works
or improvements within the District, or to the extent provided in Wisconsin
Statutes Sections 66.1105(2)(f)1.k. and 66.1105(2)(f)1.n., outside of the District;
b. An economic feasibility study;
c. A detailed list of estimated project costs;
d. A description of the methods of financing all estimated project costs and the time
when the related costs or monetary obligations are to be incurred;
e. A map showing existing uses and conditions of real property in the District;
f. A map showing proposed improvements and uses in the District;
g. Proposed changes of zoning ordinances, master plan, map, building codes and
City ordinances;
h. A list of estimated non - project costs;
A statement of the proposed plan for relocation of any persons to be displaced;
j. A statement indicating how the amendment of the District promotes the orderly
development of the City;
k. An opinion of the City Attorney or of an attorney retained by the City advising that
the plan is complete and complies with Wisconsin Statutes Section 66.1105(4)(f);
and
WHEREAS, prior to its publication, a copy of the notice of public hearing was sent to the
chief executive officers of Rock County, the Janesville School District, and the Blackhawk
Technical College District, and any other entities having the power to levy taxes on property
located within the District, in accordance with the procedures specified in the Tax Increment
Law; and,
RESOLUTION NO. 2016 -1295
PAGE 2
WHEREAS, in accordance with the procedures specified in the Tax Increment Law, the
Plan Commission, on May 2, 2016 held a public hearing concerning the proposed amendment
to the Project Plan, providing interested parties a reasonable opportunity to express their views
thereon; and,
WHEREAS, after said public hearing, the Plan Commission adopted the Project Plan,
and recommended to the Common Council that it amend the Project Plan for the District;
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Janesville that:
1. The boundaries of the District, named "Tax Incremental District No. 33, City of
Janesville ", remain unchanged and as specified in Exhibit A of this resolution.
2. That this Project Plan Amendment shall become effective as of the date of
adoption of this resolution provided that it is further approved by the Joint Review
Board.
3. The Common Council finds and declares that:
a. Not less than 50 %, by area, of the real property within the District is and
remains suitable for a combination of industrial, commercial and residential
uses, defined as "mixed -use development" within the meaning of Wisconsin
Statutes Section 66.1105(2)(cm).
b. Based upon the finding stated in 3.a. above, and the original findings as
stated in the resolution creating the District, the District remains declared as a
mixed -use district based on the identification and classification of the property
included within the District.
c. There are no additional improvements as a result of this amendment.
d. The amount of retail business will not change as a result of this amendment.
e. The project costs will not change as a result of this amendment.
4. The amended Project Plan for "Tax Incremental District No. 33, City of
Janesville" (attached as Exhibit B) is approved, and the City further finds the Plan
is feasible and in conformity with the master plan of the City.
BE IT FURTHER RESOLVED THAT the City Clerk is hereby authorized and directed to
notify the Wisconsin Department of Revenue, within 60 days of adoption of the amendment, that
this amendment has taken place pursuant to the provisions of Wisconsin Statutes Section
66.1105(5)(cm).
RESOLUTION NO. 2016 -1295
PAGE 3
ADOPTED: May 23, 2016 Motion by: Gruber
Second by: Marklein
APPROVED: Councilmember Aye Nay Pass Absent
Deupree X
Gruber X
Mark A. Fre' ag, City Manager Jorgensen X
Liebert X
ATT Marklein X
Tidwell X
c / Williams X
David T. Godek, City Clerk- Treasurer
APPROVED AS TO FORM:
Wald Klim 4k, City Attorney
Proposed by: Economic Development Division
Prepared by: Economic Development Division