CCR1979173. .. I
A RESOLUTION CREATING, DESCRIBING AND MAKING RESOLUTION $173-79
CERTAIN FINDINGS CONCERNING TAX INCREMENTAL DISTRICT
'NUMBER THREE, CITY OF MUSKEG0
WHEREAS, th? development of industrial sites in the City of
Muskego is recognized as a major need of the City; and
WHEREAS, the City of Muskego desires tc create a tax incremental .-
district, in accordance with the provisions of Section 66.46 of the
wisconsin Statutes (the "Tax Increment Law"), in order to provide a a able method Of financing the costs of needed public improvements
thln the said district and thereby create incentives and opportuni-
ties for appropriate private development, including new development
and inprovenent Of existing developmsnt, which will contribute to
development of industrial sites; and
WHEREAS, in accordance with the procedures specified in the Tax
Increment Law, the Planning Commission, on March 20, 1979, held a
public hearing concerning the proposed creation of a tax incremental
district and thereafter designated the boundaries of the proposed
tax incremental district and recommended to the Common Council that
it create such tax incremental district within the area enclosed by
the said boundaries, as specified in the boundary description attached this resolution as Exhibit A hereof,. and entitled "Boundary
zscription Of Tax Incremental District Number Three, City of Muskeoo";
WHEREAS, prior to its publication, a copy of the notice of the
public hearing was sent to the chief executive officers of the
Waukesha County Board of Supervisors, the District Board of the
Waukesha County Vocational, Technical and Adult Education District
and to the Chairman of the Board of District Comnissioners of the
Little Muskego Lake Pirotective and Rehabilitation District (the
other entities having the power to levy taxes on property located
within the proposed district) and the School Board of the Muskego-
Norway School 0-i-strict (the school board of the school district
which includes property located within the proposed district), in
accordance with the procedures specified in the Tax Increment Law;
and
Noh', THEREFORE, BE IT RESOLVED BY TIiE COFflON COUNCIL OF THE CITY
OF MUSKEGO, a5 ~fOllOWS:
a.s specified in
2. The sa
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1979.
2 tzx increarnral district, to be knou;;l 2s "'1'2:: Tncrenentzl Distric
1. Puisuant to the Tzx Increnen? Law, Lhere is hereby creat;-d
nnaer Three, City of i%skego", the boundarjes of \.?:nich shall be
nose reco3mended to the Connon Council by ?he Planning Comnission
the attached Exhibit >..
id tax incremental district is created as of Jznuaiy 1,
3. The Comnon Council hereby finds and declares that:
(a) Bzsed upon its conslllting engineer's findings, not less
than 25%, by arez, of the real property within the said
tax incremental district is suitable for industrial sites
within the mezning of Section 66.52 of the Wisconsin
statutes; and
(b) The improvement of such area is likely to enhance
significantly the value _of all of the other real property
in the said tax incremental district; and
(c) The aggregate value of equalized taxable 'property of
the said tax incremental d'istrict, together, with that of
Tax Incremental District Number One, Tax Incremental
District Number Two, Tax Incremental Dis-ict Number
Four, Tax Incremental District Number Five, Tax Incremental
District Number Six and Tax Incremental District Number
Seven, does not exceed 5% of the total value of equalized
taxable property within the City of Muskego, there being
no more tax incremental districts in the City of Muskego-
I
6 9 ?pare a Project Plan for Tax Incremental District Number Three,
pursuant to the provisions of Section 66.46 (4) (d) of the Wisconsin
Statutes, and to submit the said Plan to the Common Council for its
review and approval. .
4. The Planning Commission is hereby authorized and directed to
5. The City Clerk is hereby authorized and directed to apply to
a "Determination of Tax Incremental Base", as of January 1, 1979,
the Wisconsin Department of Revenue, in such form as may be prescribed,
pu fe suant to the provisions of Section 66.46 (5) (b) of the Wisconsin
Statutes.
6. The City Assessor is hereby authorized and directed to
Section 70.45 of the Wisconsin Statutes, those parcels of property
identify upon the assessment roll retiii-ned and examine6 fiin2er
which are within Tax Incremental District Number Three, specifying
thereon the name of the said tax incremental district, and the City
Clerk is hereby authorized and directed-to make similar notations on
the tax roll made under Section 70.65 of the Wisconsin Statutes,
pursuant to Section 66.46 (5) (f) of the Wisconsin Statutes.
A&ted this I/ day of September, 1979. -
Mayor
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Attest:
City Clerk