NOTICE OF JOINT REVIEW BOARD MEETING REGARDING THE PROPOSED AMENDMENT OF TAX INCREMENTAL DISTRICT NO. 5 IN THE CITY OF RIVER FALLS, WISCONSIN
Notice is Hereby Given that the City of River Falls will hold a Joint Review Board (JRB) meeting on October 16, 2013 at 5:45 p.m. at the River Falls City Hall, located at 222 Lewis Street, Suite 202. The purpose of this meeting is for the JRB to consider approval of the resolution adopted by the River Falls Common Council amending Tax Increment District No. 5 to add additional territory to the existing Districts boundaries, and to amend the Project Plan to update and/or provide for the undertaking of additional expenditures. The proposed boundary to be added is the area around and including the frontage road from the existing Whitetail Ridge Corporate Park to Radio Road. The proposed area to be added is south and west of State Highway 35.
Proposed additional and updated projects costs of approximately $2,250,000 may include, but are not limited to: property acquisition for development, property acquisition for conservancy, acquisition of rights-of-way, acquisition of easements, relocation costs, environmental audits and remediation, demolition, site grading, sanitary sewer system improvements, water system improvements, stormwater management system improvements, electric service, gas service, communications infrastructure, street improvements, streetscaping and landscaping, contribution to Community Development (or Redevelopment) Authority, revolving loan/grant program, rail spur, property tax payments to town, cash grants to owners, lessees or developers of land located within the district (development incentives), professional and organizational services, administrative costs, and finance costs. The proposed costs include projects within the proposed boundary and within a ½ mile radius of the proposed boundary of the District.
All interested parties will be given a reasonable opportunity to express their views on the proposed amendment of the District, the proposed projects and amended boundaries of the District, and the proposed Project Plan thereof. A copy of the Project Plan, including a description of the proposed amended boundaries, will be available for viewing in the offices of the City Clerk at the River Falls City Hall, located at 222 Lewis Street, Suite 202, during normal business hours and will be provided upon request.
Such hearing shall be public and citizens and interested parties shall then be heard. This hearing may be adjourned from time to time.
By Order of the City of River Falls, Wisconsin
________________________ (Pub. 10/10/13) WNAXLP