Agenda: Redevelopment Authority; February 2006

Evansville Redevelopment Authority
Regular Meeting
Tuesday, February 28, 2006, 7:30 PM
City Hall, 31 S. Madison Street, Evansville, Wisconsin

Please note the change in date and time of the meeting.


AGENDA

Call to order.

Roll call (Chairperson Hagen, Vice-Chairperson Eager, Ald. Aikman, Ald. Anderson, Betsy Ahner, Dean Arnold, and John Decker).

Approval of agenda.

Motion to approve minutes of January 19, 2006, regular meeting as presented.

Citizen appearances other than agenda items listed.

Public hearings (not applicable).

Unfinished business.

New business.
Discussion and possible motion regarding provision in redevelopment agreement with Triple B Investments LLC for return of a portion of the grant for enhancements to the Badger Coach building at 133 N. Madison St. if the full market value of the improvements was not as much as provided in the agreement.
Discussion and possible motion regarding request to modify the Redevelopment Authority’s policy to require any commercial building to be or become compliant with the Americans with Disabilities Act as a perquisite for receiving tax increment financing assistance through the Redevelopment Authority.
Discussion and possible motion regarding request to modify the Redevelopment Authority’s application form to provide space for the executive director to calculate the net present value of the anticipated stream of tax increment from the proposed project.
Discussion and possible advisory motion regarding the preliminary plans for reconstructing Main St. in 2007.
Upon the proper motion and approval vote, the Redevelopment Authority will convene into closed session pursuant to Wis. Stats. Sec. 19.85(1)(e), deliberation or negotiating the purchasing of public properties, the investing of public funds, or conducting other specified public business, whenever competitive or bargaining reason requires a closed session, and will not reconvene into open session. During the closed session, the Redevelopment Authority will discuss possibly pursuing the purchase of or acquisition of options to purchase property located within TID No. 5, subject to approval by the Common Council.

Motion to adjourn.

Bill Connors, Executive Director