2019-1701 FILE RESOLUTION NO. 2019-1701
RESOLUTION RESCINDING APPROVAL OF FILE RESOLUTION NO. 2019-1686 CREATING
TAX INCREMENTAL DISTRICT NO. 38, APPROVING ITS PROJECT PLAN, AND
ESTABLISHING ITS BOUNDARIES
CITY OF JANESVILLE, WISCONSIN
WHEREAS, the Common Council of the City of Janesville approved File Resolution No. 2019-
1686 on August 26, 2019, creating the City of Janesville Tax Incremental District No. 38 and its
initial project plan in accordance with the provisions of Wisconsin Statutes Section 66.1105; and
WHEREAS, the Joint Review Board has not conducted the Final Joint Review Board Meeting to
approve the project plan and the creation of Tax Incremental District No. 38; and
WHEREAS, the intent of the creation of the new Tax Incremental District No. 38 principally is to
provide financial assistance to the development of a new, 115-unit multiple family residential
project and to promote other redevelopment within the Milton Avenue Corridor; and
WHEREAS, Tax Incremental District No. 38 was established prior to October 1 which sets the
effective date of the District as January 1, 2019; and
WHEREAS, the timing of the development project and the developer requested financial
assistance necessitates the City of Janesville and its Common Council to modify the effective
date of the District to January 1, 2020; and
WHEREAS, rescinding the approval of Tax Incremental District No. 38 and its initial project plan
will allow the Administration to establish the District with the effective date of January 1, 2020;
and
WHEREAS, this District will be recreated and the proposed initial project plan reapproved by the
Common Council in the near future within the dates provided by state law for the above effective
date to occur; and
WHEREAS, the potential developer for the rental unit construction project and District requests
this rescission and recreation process and the City Administration concurs in this
recommendation and request; and
WHEREAS, the Wisconsin Department of Revenue, State and Local Finance Division, in an
email on Tuesday, September 10, 2019 11:01 a.m. determined and approved, in pertinent part,
that:
"Since the TID creation year is the only change the City is making and the public
hearing was held recently, the council could rescind the resolution, adopt a new creation
resolution with creation date 1/1/20 in October 2019 and have a final JRB meeting.
"We would allow this timeframe for creating a 2020 TID and there would be no need to
start the process over." [The entire email and email string are attached hereto and
incorporated herein by reference as if fully set forth verbatim]; and
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Rescinding Approval of File Resolution No. 2019-1686
Resolution No. 2019-1701
Page 2
WHEREAS, Janesville General Ordinance 2.04.130 permits the Common Council to rescind a
previously adopted resolution in accord with the provisions set forth therein.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Janesville that
they hereby rescind adopted File Resolution No. 2019-1686 and approval of the initial project
plan because a new resolution creating the City of Janesville Tax Incremental District No. 38 in
accordance with the provisions of Wisconsin Statutes Section 66.1105 is anticipated to be
reviewed by the Common Council in a forthcoming meeting; and
BE IT FURTHER RESOLVED, that the City Manager and/or his designee(s), on behalf of the
City of Janesville, is/are hereby authorized to administratively take whatever actions he or they
deem necessary and/or desirable to effectuate the intent and purposes of this Resolution.
ADOPTED: September 23, 2019 Motion by: Wolfe
Second by: Gruber
APPROV D: Councilmember Aye Nay Pass Absent
Adt--1/,/ ;74: Benson X
Conley X
Mark A. F eitag, City Manager Farrell X
Gruber X
ATTE . ( Marklein X
Williams X
Wolfe X
id T. Godek, City erk-Treasurer
APPROVED AS TO FORM:
-e/a/e.(/W
Wald Klimczyk, City Attorney
Proposed by: Economic Development Office
Prepared by: Economic Development Office & City
Attorney
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