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PCR1996174RESOLUTION P.C. 174-96 DISTRICT NO. 8 TO BE LOCATED IN THE NW AND SW 1/4 OF SECTION 2 APPROVAL OF A PROJECT PLAN FOR A TAX INCREMENTAL AND THE NE AND SE 1/4 OF SECTION 3, T.5 N. R.20 E., (INDUSTRIAL/BUSINESS PARK) CITY OF MUSKEG0 identified the above described lands as being an appropriate location for a business park consisting of industrial, office and commercial land uses, and WHEREAS, The Mayor's Task Force on Economic Development has Muskego, adopted September 15, 1992 and amended August 20, 1996, WHEREAS, The Comprehensive Land Use Plan for the City of supports the locating of a business park on the above described and lands consisting of industrial, office and commercial land uses, WHEREAS, Through Resolution P.C. #152-96 the Plan Commission has approved a conceptual development plan for an industrial/ business park on the above described lands consisting of industrial, office and commercial land uses, and WHEREAS, To insure that appropriate public improvements such 0 as sanitary sewer, storm sewer and municipal water are made available to advance the objectives of Comprehensive Land Use Plan and the approved conceptual development plan it is proposed to establish Tax Incremental District No. 8 (TID #8) to help finance said public improvements, and WHEREAS, To establish said TID #8 a preliminary project plan was developed and reviewed by the Plan Commission on August 6 and August 20, 1996 which began to outline the following: a listing of the kinds and numbers of proposed public detailed cost estimate, describe financing strategy, develop improvements, develop and economic feasibility study, prepare a maps showing existing land uses and conditions, a map showing proposed improvements and uses, proposed zoning changes, a displaced persons, City statement of how the TID will promote listing of estimated non-project costs, any relocation plan for orderly development, and opinion by the City Attorney and/or Auditor as to compliance with Wisconsin Statutes. NOW THEREFORE BE IT RESOLVED, That the Plan Commission has reviewed the Project Plan for TID # 8 and recommends to the Common Council that said Project Plan be adopted. e BE IT FURTHER RESOLVED, That the establishing of TID # 8 and the development of a business park therein will aide in the effort to provide land use options which serve to eventually opportunities for Muskego residents and promote the general expand and diversify the tax base, provide employment economic prosperity of the City of Muskego. Deferred 09-03-96 08-15-96 Plan Commission City of Muskego Adopted Defeated