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CCR1999026(Corrected)’ AMENDED COMMON COUNCIL - CITY OF MUSKEG0 RESOLUTION #26-99 RESOLUTION AS TO DEFINING AND ESTABLISHING POTENTIAL TIF-ELIGIBLE EXPENSES FOR PARKLAND MALL PROPERTY WHEREAS, The City of Muskego desires the revitalization and redevelopment of the Parkland mall property to encourage reinvestment and economic development in the Janesville Road corridor; and WHEREAS, The City of Muskego has identified the Parkland Mall as a site requiring special attention due to the parcel size and location; and WHEREAS, The owners of the Parkland Mall have retained environmental consultants and inspectors who identified significant levels of contamination to the building structure and interior spaces, such that renovation costs far outweigh demolition costs; and WHEREAS, The City of Muskego seeks to invigorate the redevelopment of the Janesville Road corridor at the lowest possible cost to the taxDavers in the Citv of 0 Muskego; and WHEREAS, The State of Wisconsin recognizes that blighted properties are eligible for .- redevelopment and remediation under Tax Incremental Financing; and WHEREAS, The Committee Of The Whole has recommended to include various items in a TID project plan for the area around Parkland Mall, and WHEREAS, It is the Common Council’s desire to create a TIF District which is economically viable. THEREFORE, BE IT RESOLVED That the Common Council of the City of Muskego does hereby concur with the Committee of the Whole’s recommendation to outline potential expenses should a Tax Incremental Financing Plan be approved for the property. BE IT FURTHER RESOLVED, That this action is being taken for the best interest of the long-term physical health of the citizens of the City of Muskego, and for the long-term welfare and quality of life of all residents and visitors to the City of Muskego. Resolution #26-99 BE IT FURTHER RESOLVED, That the City of Muskego acknowledges the following itemized projects and their related costs as potential expenses eligible for inclusion in a Tax Incremental Financing Plan if such a future plan is approved by the Plan Commission, Common Council and Joint Review Board. Such expenses shall be limited to the following: Install and upgrade Traffic Control - Parkland Drive, Janesville Road and Install Utilities to Property Line Construct Stormwater Retention System Install Street Lighting City Costs for Administration, Planning and Legal Services Required for the Economic Incentives Lannon Drive Upgrade Burying Electric and Other* Wire Carrying Services Underground Demolition Lannon Drive Creation and Implementation of a Tax Incremental Financing District BE IT FURTHER RESOLVED, That it is the present intent of the City of Muskego Common Council to attempt to negotiate a mutually acceptable developer's agreement with the owners of the Parkland Mall property at the earliest possible date to assure the redevelopment of the site in the best interest of the City. BE IT FURTHER RESOLVED, That the Common Council hereby authorizes and directs City staff and consultants to initiate the process for the creation of a Tax Incremental District and the development of a TIF project plan consistent with this resolution. BE IT FURTHER RESOLVED, That this resolution is only an indication of the City's present intent and in no manner a binding obligation of the City. DATEDTHIS 9th DAY OF FEBRUARY ,1999. SPONSORED BY: COMMITTEE OF THE WHOLE This is to certify that this is a true and accurate copy of Resolution #26-99 which was adopted* by the Common Council of the City of Muskego. ?+-" 2/99jmb (Corrected) AMENDED COMMON COUNCIL - CITY OF MUSKEG0 RESOLUTION #26-99 RESOLUTION AS TO DEFINING AND ESTABLISHING POTENTIAL TIF-ELIGIBLE EXPENSES FOR PARKLAND MALL PROPERTY // WHEREAS, The City of Muskego desires the revitalization and redev Parkland mall p Janesville Road corridor; and WHEREAS, The special attention due to the parcel size and location; and WHEREAS, The owne and inspectors who id structure and interior and WHEREAS, The City Muskego; and WHEREAS, The Sta perties are eligible for redevelopment and WHEREAS, The Committee Of The in a TID project pla WHEREAS, It is th economically viable. THEREFORE, BE does hereby conc potential expense property. BE IT FURTHER long-term physi welfare and qual Janesville Road corri yers in the City of Rcsolution #26-99 BE IT FURTHER RESOLVED, That the City of Muskego acknowledges the following @ itemized projects and their related costs as potential expenses eligible for inclusion in a Tax Incremental Financing Plan if such a future plan is approved by the Plan Commission, Common Council and Joint Review Board. Such expenses shall be limited to the following: Install and upgrade Traffic Control - Parkland Drive, Janesville Road and Install Utilities to Property Line Construct Stormwater Retention System Install Street Lighting City Costs for Administration, Planning and Legal Services Required for the Economic Incentives Lannon Drive Upgrade Burying Electric and Other Wire Carrying Services Underground Demolition Lannon Drive Creation and Implementation of a Tax Incremental Financing District BE IT FURTHER RESOLVED, That it is the present intent of the City of Muskego Common Council to attempt to negotiate a mutually acceptable developer's agreement with the owners of the Parkland Mall property at the earliest possible date to assure the redevelopment of the site in the best interest of the City. BE IT FURTHER RESOLVED, That the Common Council hereby authorizes and directs City staff and consultants to initiate the process for the creation of a Tax Incremental District and the development of a TIF project plan consistent with this resolution. BE IT FURTHER RESOLVED, That this resolution is only an indication of the City's present intent and in no manner a binding obligation of the City. DATED THIS 9th DAY OF FEBRUARY , 1999 SPONSORED BY: COMMITTEE OF THE WHOLE This is to Ify that this is a true and accurate copy of Resolution #26-99 which was d#c Common Council of the rn&- 2I99jmb d AMENDED COMMON COUNCIL - CITY OF MUSKEG0 RESOLUTION #26-99 RESOLUTION AS TO DEFINING AND ESTABLISHING POTENTIAL TIF-ELIGIBLE EXPENSES FOR PARKLAND MALL PROPERTY WHEREAS, The City of Muskego desires the revitalization and redevelopment of the Parkland mall property to encourage reinvestment and economic development in the Janesville Road corridor; and WHEREAS, The City of Muskego has identified the Parkland Mall as a site requiring special attention due to the parcel size and location; and WHEREAS, The owners of the Parkland Mall have retained environmental consultants and inspectors who identified significant levels of contamination to the building structure and interior spaces, such that renovation costs far outweigh demolition costs; and WHEREAS, The City of Muskego seeks to invigorate the redevelopment of the Janesville Road corridor at the lowest possible cost to the taxpayers in the City of Muskego; and WHEREAS, The State of Wisconsin recognizes that blighted properties are eligible for redevelopment and remediation under Tax Incremental Financing; and WHEREAS, The Committee Of The Whole has recommended to include various items in a TID project plan for the area around Parkland Mall, and WHEREAS, It is the Common Council’s desire to create a TIF District which is economically viable. THEREFORE, BE IT RESOLVED That the Common Council of the City of Muskego does hereby concur with the Committee of the Whole’s recommendation to outline potential expenses should a Tax Incremental Financing Plan be approved for the property. BE IT FURTHER RESOLVED, That this action is being taken for the best interest of the long-term physical health of the citizens of the City of Muskego, and for the long-term welfare and quality of life of all residents and visitors to the City of Muskego. I Resolution #26-99 BE IT FURTHER RESOLVED, That the City of Muskego acknowledges the following itemized projects and their related costs as potential expenses eligible for inclusion in a Tax Incremental Financing Plan if such a future plan is approved by the Plan Commission, Common Council and Joint Review Board. Such expenses shall be limited to the following: Install and upgrade Traffic Control - Parkland Drive, Janesville Road and Install Utilities to Properly Line Construct Stormwater Retention System Install Street Lighting City Costs for Administration, Planning and Legal Services Required for the Economic Incentives Lannon Drive Upgrade Burying Wire Carrying Services Underground Demolition Lannon Drive Creation and Implementation of a Tax Incremental Financing District BE IT FURTHER RESOLVED, That it is the present intent of the City of Muskego Common Council to attempt to negotiate a mutually acceptable developer’s agreement with the owners of the Parkland Mall property at the earliest possible date to assure the redevelopment of the site in the best interest of the City. BE IT FURTHER RESOLVED, That the Common Council hereby authorizes and directs City staff and consultants to initiate the process for the creation of a Tax Incremental District and the development of a TIF project plan consistent with this resolution. BE IT FURTHER RESOLVED, That this resolution is only an indication of the City’s present intent and in no manner a binding obligation of the City. 0 DATEDTHIS 9th DAY OF FEBRUARY ,1999. SPONSORED BY: COMMllTEE OF THE WHOLE This is to certify that this is a true and accurate copy of Resolution #26-99 which was defeated by the Common Council of the City of Muskego. 2/99jmb RESOLUTION AS TO DEFINING AND ESTABLISHING POTENTIAL TIF-ELIGIBLE EXPENSES FOR PARKLAND MALL PROPERTY WHEREAS, The City of Muskego desires the revitalization and redevelopment of the Parkland mall property to encourage reinvestment and economic development in the Janesville Road corridor: and WHEREAS, The City of Muskego has identified the Parkland Mall as a site requiring special attention due to the parcel size and location; and WHEREAS, The owners of the Parkland Mall have retained environmental consultants and inspectors who identified significant levels of contamination to the building structure and interior spaces, such that renovation costs far outweigh demolition costs; and WHEREAS, The City of Muskego seeks to invigorate the redevelopment of the Janesville Road corridor at the lowest possible cost to the taxpayers in the City of Muskego; and WHEREAS, The State of Wisconsin recognizes that blighted properties are eligible for redevelopment and remediation under Tax Incremental Financing; and WHEREAS, The Committee Of The Whole has recommended to include various items in a TID project plan for the area around Parkland Mall, and WHEREAS, It is the Common Council's desire to create a TIF District which is economically viable. THEREFORE, BE IT RESOLVED That the Common Council of the City of Muskego does hereby concur with the Committee of the Whole's recommendation to outline potential expenses should a Tax Incremental Financing Plan be approved for the property. BE IT FURTHER RESOLVED, That this action is being taken for the best interest of the long-term physical kalth of the citizens of the City of Muskego, and for the long-term welfare and qualitfof life of all residents and visitors to the City of Muskego. ' Rcsolution #26-99 BE IT FURTHER RESOLVED, That the City of Muskego acknowledges the following itemized projects and their related costs as potential expenses eligible for inclusion in a Tax Incremental Financing Plan if such a future plan is approved by the Plan Commission, Common Council and Joint Review Board. Such expenses shall be limited to the following: Install and upgrade Traffic Control - Parkland Drive, Janesville Road and Install Utilities to Property Line Construct Stormwater Retention System Install Street Lighting City Costs for Administration, Planning and Legal Services Required for the Economic Incentives Lannon Drive Upgrade Lannon Drive Creation and Implementation of a Tax Incremental Financing District BE IT FURTHER RESOLVED, That it is the present intent of the City of Muskego Common Council to attempt to negotiate a mutually acceptable developer's agreement with the owners of the Parkland Mall property at the earliest possible date to assure the redevelopment of the site in the best interest of the City. BE IT FURTHER RESOLVED, That the Common Council hereby authorizes and directs City staff and consultants to initiate the process for the creation of a Tax Incremental District and the development of a TIF project plan consistent with this resolution. BE IT FURTHER RESOLVED, That this resolution is only an indication of the City's present intent and in no manner a binding obligation of the City. DATED THIS DAY OF , 1999. SPONSORED BY: COMMITTEE OF THE WHOLE This is to certify that this is a true and accurate copy of Resolution #26-99 which was defeated by the Common Council of the City of Muskego. Clerk-Treasurer 2199jmb