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PCR2000152RESOLUTION NO. 152-2000 A RESOLUTION DESIGNATING THE PROPOSED BOUNDARIES AND APPROVING A PROJECT PLAN FOR TAX INCREMENTAL DISTRICT NO. 8 CITY OF MUSKEGO, WISCONSIN WHEREAS.-Section 66.46 of the Wisconsin Statutes (the Tax Increment Law) provides the authority and establishes procedures for creating tax incremental districts and approving the project plans; and WHEREAS, thePlanCommission,aftercompletingpreliminaryplanningwork,scheduled,gavepublicnotice of, and on July 18. 2000 held a public hearing wherein interested parties were afforded a reasonable opportuniry to express their views on the proposed creation of a tax incremental district. the proposed boundaries and the proposed project plan [hereof. in accordance with the procedures specified in the Tax Increment Law; and WHEREAS, prior to its publication. a copy of the notice of the public hearing was sent lo the chief executive officers of Waukesha County and the Waukesha County Area Technical College District ([he other entities having the power to levy taxes on property located within the proposed District) and the Board of Education of the Muskego- Norway School District (the school district which includes property located within the proposed district), in accordance with the procedures specified in the Tax Increment Law; and the creation of a lax incremental district within the area described by the boundary description or map attached to this WHEREAS, the Plan Commission, afrer dueconsideration following the said public hearing, determined that resolution as Exhibit A hereof will provide [he City of Muskego with a viable method of financing the cost of needed development,includingnewdevelopmentandimprovementofexislingdevelopment. which willcontributetotheoverall public improvements within the said area, thereby creating incentives and opportunities for appropriate private development of the City of Muskego; and WHEREAS, the City has determined that not less than 50% by area, of the real property within the said tax incrementaldistrictisablightedareaorisinneedofrehabilitationwithinthemeaningofSection66.52oftheWisconsin Statutes; and as Exhibit B. which includes: WHEREAS, thecity Plan Commission haspreparedaprojecr plan forTax Incremental District No. 8attached a. b. d. C. e. f. g. h. I. i. k. A listing of the kind, number and location of all proposed public works or improvements within the district; An economic feasibility study; A description of the methods of financing all estimated project cos& and the time when such costs or A detailed list of estimated project costs; obligations related thereto are to be incurred; A map showing existing uses and conditions of real property in such disrrict; A map showing proposed improvemenls and uses therein; Proposed changes of zoning ordinances, master plan, map, building codes and City ordinances; A list of estimated non-project costs; A statement of a proposed method for the relocation of any persons to be displaced; A slatement indicating how creation of the district promotes orderly development of the City; and; An opinion of the City Attorney or of an Attorney retained by the City advising the plan is complete and complies with Wisconsin Statutes. Section 66.46(4)(1); and City of Muskego 01 Wisconsin. TI0 No. 8 Plan Commission Resolution Page 1 01 2 Council may create any tax incremental district, the Plan Commission must designate the boundaries of WHEREAS, in accordance with the procedures specified in the Tax Increment Law, before the City such district and submit its recommendation concerning the creation of such district to the City Council; NOW, THEREFORE, BE IT RESOLVED bythe Plan Commission of the City of Muskego asfollows: 1, 2. 3. 4. That the Plan Commission hereby designates the boundaries specified in the boundary description or map attached to this resolution as Exhibit A hereof and entitled "Boundary Description or Map of Tax Incremental District No. 8, City of Muskego", as the boundaries of said Tax Incremental District No. 8 and recommends that the said district be created by the City Council of the City of Muskego within the area enclosed by the said boundaries. That the Plan Commission hereby adopts such project plan for Tax Incremental District No. 8 attached to this resolution as Exhibit B. and recommends to the City Council the approval of such project plan. That the Plan Commission hereby recommends that the City Council adopt the resolution attached to this resolution as Exhibit C hereof and entitled "A Resolution Creating, Describing and Making Certain Findings and Approving a Project Plan for Tax Incremental District No. 8, 2000 and approve its project plan in accordance with the provisions of the Tax Increment Law. City of Muskego. Wisconsin'. and thereby formally create the said district as of January 1. That the City Clerk is hereby authorized and directed to provide the City Mayor and City Council with certified copies of this resolution, upon its adoption by the Plan Commission. Adopted this 1 day of August ,2000. Plan Commission Chair Attest: /Aha J L?UL Secretary of the Plan Commission City of Muskego of Wisconsin, TID No. 8 Plan Commission Resolution Page 2 of 2