Agenda: Redevelopment Authority--Tuesday, April 25, 2006 7PM

Evansville Redevelopment Authority

Regular Meeting

Tuesday, April 25, 2006, 7:00 PM
City Hall, 31 S. Madison Street, Evansville, Wisconsin

AGENDA
Call to order.
Roll call (Chairperson Hagen, Vice-Chairperson Eager, Ald. Hammann, Ald. Wyse, Betsy Ahner, Dean Arnold, and John Decker).
Approval of agenda.
Motion to approve minutes of March 21, 2006, regular meeting as presented.
Citizen appearances other than agenda items listed.
Public hearing regarding possible changes to boundaries of Tax Incremental District (TID) No. 5.
Brief statement by the Executive Director regarding the history of TID No. 5, process for changing the boundaries of the district, and purpose of the public hearing.
Statements by anyone requesting to have property included in or removed from TID No. 5.
Statements of all other persons in favor of granting the request.
Statement in rebuttal by persons opposing the request.
Statements in rebuttal by anyone making a request and by other persons favoring the request.
Statements in rebuttal by persons opposing the request.
Statements by any persons not previously heard but only on matters not previously discussed.
Closing of the hearings or, if necessary, adjournment of the hearing to a fixed future date.
Unfinished business.
Update regarding possible revaluation by city assessor of Badger Coach Building at 133 N. Madison St., which was prompted by the provision in redevelopment agreement with Triple B Investments LLC for return of a portion of the grant if the full market value of the improvements was not as much as provided in the agreement.
Update on research regarding past data on inflationary increases in value and changes in property tax rate applicable to tax increments.
New business.
Presentation of reports by Tess Gruenstein and David Hariman, interns from Beloit College.
Discussion and possible motion requesting Common Council to approve program to provide financial assistance for creating or improving alternative entrances to businesses on the route of the 2007 Main St. reconstruction project.
Motion to adjourn.
Bill Connors, Executive Director