CCR1979174'. >RESOLUTION ir'174-79
CERTAIN FIN,DINGS CONCERNING TAX INCREPIENTAL DISTRICT
A RESOLUTION CREATING, DESCRIBING AND MAKING
'NUMBER FOUR, CITY OF IIUSKEGO
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WHEREAS, the overall development of the central portion of the
city of ~uskego is recognized as a major need of the City; and,
(iHE,xEAS, the City of Muskego desires to create a tax incremental
district, in accordance with the provisions of Section 66.46 of the
~i~consin Statutes (the "Tax Increment Law"), in order to provide a
aDle method of financing the costs of needed public improvements
for appropriate private developmsnt, including new dewelopnent and
over~ll development of the central portion of the City; and
improvement of existing development, which will contribute to the
*t,in the said district and thereby create incentives and opporturities
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~~crement Law, the Planning Commission, on May 1, 1979, held a public
hearing concerning the proposed creation of a tax incremental
district in the City of Muskego, and thereafter! designated the
boundaries of the proposed tax incrementdl district and recommended
to the Common Council that it create such tax increment21 district
within the area enclosed by the said boundaries, as specified in the
WHEFEAS, in accordance with the procedures specified in the Tax
'undary description attached to this resolution 2s Exhibit A hereo of,
d entitled "Boundary Description of Tax Incremental District Number
City of Nuskego"; and
WHEREAS, prior to its publication, a copy of the notice of the
said 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 the Chairman of the Board of District Commissioners of the Big
entities having the power to levy taxes on property located within Muskego - BasBay Protective and Rehabilitation District (the other
the proposed district) and the School Board of the Muskego-Noway
School District (the school board of the school district which in-
cludes property located within the proposed district), in accord-
ance with the procedures specified ip the Tax Increment Law; and
?]OW, THEREFORE, BE IT RESOLVED BY THE COPIMON COUNCIL OF THE CITY
OF piUSK;EGO, as fOllOWS:
1. Pvrsuant to the Tax Increrent Lao, ther-? is hereby crested
!n the City of f.'ius%ego a t~x increnental discl-j~ct, to be kn0h.n 2s
?x Incremental Districi 1G~nber Four, CiCy of i-lcs!:eqo", the
oundzries of which shall be Lhose recornended to the Corru~on Council
y the Planning Co~nission, 2s specified in the attached Exhibit A. .
2.
1079.
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The said tax incrementzl district is created 2s of January 1,
The Common Council 3ereby finds and declares that:
the said tax increment21 district is a "blighted area"
(a) Not less than 25%. by area, of the real property within
within tne meaning Of Section 66.46(2) (a) of the Kisconsin
Statutes; and -
significantly the value of all of the other real property
(b) The improvement of such area is likely to enhance
in the said tax incremental district; and
(c) The aggregate value of equalized taxable property of
the said tax increnenkal district, together with that of
Tax Incremental District Number One, Tax Ineremental
District Number Two, Tax Incremental District Number Three,
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.
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$repare a Project Plan for Tax Incremental District Number Two,
4. The Planning Commission is hereby authorized and directed to
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. I
5. The City Clerk is hereby authorized and directed to apply to
the Wisconsin Department of Revenue, in such form as may be prescribed,
for a "Determination of Tax Incremental Base", as of January 1, 1979,
Statutes.
aursuant to the provisions of Section 66.46 (5) (b) of the Wisconsin
6. Thz City ?,ssessor j.s hereby a~uthorized and directed to
identify upon the assessment roll returned and examined under
section 70.45 of the Wisconsin Statutes, those parcels of property
which are within Tax Incremental District Number Two, specifying
Clerk is hereby authorized and directed to make similar notations on
thereon the name of the said tax incremental district, and the City
pursuant to Section 66.46(5) (f) of the Wisconsin Statutes.
the tax roll made under Section 70.65 of the Wisconsin Statutes,
edopted this day of September, 1979.
Mayor
Attest:
I City Clerk