By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism.
City looks to create TID on new property
Placeholder Image
MONROE - Council members agreed to move forward with planning for creating Tax Increment District 9 on the 98 acres of land commonly referred to as "The Dolman Property" recently acquired by the city along County N and Wisconsin 81. Greg Johnson, municipal advisor from financial advisory company Ehlers & Associates, outlined the results from a feasibility study conducted to discover whether the land could be developed as a TID. "We initially identified three broad categories of cost that would be likely to occur: land acquisition costs, infrastructure costs and then the potential for development incentives," Johnson said.