2016-1354 Resolution No. 2016 -1354
RESOLUTION APPROVING AN AMENDMENT TO THE PROJECT PLAN OF TAX
INCREMENTAL DISTRICT NO. 22, 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. 22 (the "District ") was created by the City on
September 27, 1999 as an industrial district; 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, the proposed additional and updated projects costs may include, but are not limited
to: various public improvements and cash grants to owners, lessees or developers of land located within
the District (development incentives), and professional and organizational services, administrative costs,
and finance costs; 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;
lh. A list of estimated non - project costs;
i. 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,
WHEREAS, in accordance with the procedures specified in the Tax Increment Law, the Plan
Commission, on November 7, 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,
Resolution No. 2016 - 1354
Page 2
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 shall be named "Tax Incremental District No. 22, City of
Janesville ", remain unchanged.
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 industrial sites and zoned for industrial use within the meaning of
Wisconsin Statutes Section 66.1101.
b. Based upon the findings, as stated in 3.a. above, and the original findings as stated in
the resolution creating the District, the District remains declared as an industrial
district based on the identification and classification of the property included within
the District.
c. The improvement of such area is likely to enhance significantly the value of
substantially all of the other real property in the District.
d. The amount of retail business will not change as a result of this amendment.
e. The project costs of the District relate directly to promoting industrial development in
the District consistent with the purpose for which the District was created.
f. Any real property within the District that is found suitable for industrial sites and is
zoned for industrial use will remain zoned for industrial use for the life of the
District.
4. The amended Project Plan for "Tax Incremental District No. 22, City of Janesville" 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).
BE IT FURTHER RESOLVED THAT pursuant to Section 66.1105(5)(f) of the Wisconsin
Statutes that the City Assessor is hereby authorized and directed to make notations to the assessment roll
under Wisconsin Statutes Section 70.45, and the City Clerk is hereby authorized and directed to make
similar notations on the tax roll made under Wisconsin Statutes Section 70.65, pursuant to Wisconsin
Statutes.
Resolution No. 2016 -1354
Page 2
ADOPTED: November 28, 2016 Motion by: Williams
Second by: Gruber
APPROVED: Councilmember Aye Nay Pass Absent
Ad Deupree X
Gruber X
Mark A. reitag, City Manager Jorgensen X
Liebert X
ATT :' // Marklein X
Tidwell X
Williams X
Da id T. odek, City CI- k- Treasurer
APPROVED AS TO FORM:
Wald Klimczyk, City Attorney
Proposed by: Economic Development Division
Prepared by: Economic Development Division — -