City of Madison
Legislative File ID   04191
Type:   Resolution    Status:   Passed
Enactment Date:   11/22/2006    Enactment No.:   RES-06-00941
Title:  
Adopting the attached TIF Policy, as amended, per the recommendations of the Board of Estimates Sub-Committee on Tax Increment Finance.
Controlling Body:   BOARD OF ESTIMATES
Introduced:   7/18/2006    Version:   1
Final Action:   11/21/2006    Contact:   Debbie Fields
Name:  
Adopting the attached TIF Policy, as amended, per the recommendations of the Board of Estimates Subcommittee on Tax Increment Finance.
Extra Date 1:  
Requester:   BOARD OF ESTIMATES
Sponsors:  
Brenda K. Konkel, Judy K. Olson
Legislative History
DateActing BodyAction TakenMotion
7/18/2006Council OfficeFiscal Note Required / Approval to the Comptroller's Office/Approval Group due on 7/18/2006. Completed on 7/18/2006
7/18/2006Comptroller's Office/Approval GroupApproved Fiscal Note By The Comptroller's Office to the Council Office Completed on 7/18/2006
Notes: Brasser
7/18/2006Council OfficeReferred for Introduction
Notes: Board of Estimates
7/18/2006COMMON COUNCILA motion was made by Ald. Konkel, seconded by Ald. Olson, to Refer to the BOARD OF ESTIMATES. The motion passed by acclamation.Pass
7/18/2006BOARD OF ESTIMATESRefer to the PLAN COMMISSION Completed on 9/18/2006
7/18/2006BOARD OF ESTIMATESRefer to the ECONOMIC DEVELOPMENT COMMITTEE Completed on 9/6/2006
8/7/2006PLAN COMMISSIONA motion was made by Konkel, seconded by Bowser, to Rerefer to the PLAN COMMISSION, due back on August 21, 2006. The motion passed by acclamation.Pass
Notes: In referring this matter, the Plan Commission requested that staff clarify the following items: -What constitutes a complete TIF application. -The feasibility of having a developer finance an initial meeting (including a mailed notice to residents) early in the TID/ TIF process. -The feasibility of providing applicants a date certain for when their matter will be considered by the Board of Estimates. -What the content of a staff report on a TIF request could include. -Improvements to the blight letter mailed to property owners. -The impacts Inclusionary Zoning has on TIF requests. -The value of TID/ TIF oversight committees and the need for such a committee for every TID. -The creation of an interested parties list. The Commission also asked for a memo from the City Attorney's Office outlining any legal issues and statutory requirements involving the proposed TIF policy.
8/21/2006PLAN COMMISSIONA motion was made by Konkel, seconded by Thompson-Frater, to Rerefer to the PLAN COMMISSION, due back on September 11, 2006. The motion passed by acclamation.Pass
Notes: In recommending referral, the Plan Commission requested that Joe Gromacki, TIF Coordinator, incorporate changes in the TIF policy based on the responses and written materials provided in his memo dated August 21, 2006.
9/6/2006ECONOMIC DEVELOPMENT COMMITTEEA motion was made by Gleason, seconded by Erlanger, to Return to Lead with the Recommendation for Approval to the BOARD OF ESTIMATES. The motion passed by acclamation.Pass
Notes: Including amendments by the BOE and Plan Commission
9/18/2006PLAN COMMISSIONA motion was made by Bowser, seconded by Konkel, to Return to Lead with the Recommendation for Approval to the BOARD OF ESTIMATES. The motion passed by acclamation.Pass
Notes: The Plan Commission recommended approval of the policy with the changes as outlined in the TIF Coordinator's memo to the Commission dated August 22, 2006, with the additional revision that developer mailings be sent for a TID amendment or with the creation of a single-purpose TID.
10/30/2006BOARD OF ESTIMATESA motion was made by Olson, seconded by Verveer, to Refer to the BOARD OF ESTIMATES next meeting. The motion passed by acclamation.Pass
11/13/2006BOARD OF ESTIMATESA motion was made by King, seconded by Bruer, to RECOMMEND TO COUNCIL WITH THE FOLLOWING RECOMMENDATIONS - REPORT OF OFFICER As amended by the Plan Commission and add "or Common Council President" after "Mayor" in 2.2(b). The motion failed by the following vote:Fail
(2:3)
Notes: As amended by the Plan Commission and add "or Common Council President" after "Mayor" in 2.2(b). Motion failed.
11/13/2006BOARD OF ESTIMATESA motion was made by King, seconded by Bruer, to RECOMMEND TO COUNCIL WITH THE FOLLOWING RECOMMENDATIONS - REPORT OF OFFICER As amended by the Plan Commission, delete 3.1(d), and change 100% to 103% in 3.1(i)(2). The motion passed by acclamation.Pass
Notes: As amended by the Plan Commission, delete 3.1(d), and change 100% to 103% in 3.1(i)(2).
11/21/2006COMMON COUNCILA motion was made by Ald. King, seconded by Ald. Verveer, to Adopt. The motion passed by acclamation.Pass

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