A program being explored by the Sturtevant Board of Trustees would make village funds available to distressed for property improvements. Village President Steve Jansen floated the idea to the committee Tuesday calling it: “Something that some of us have kicked around in the past.” Though nothing is official yet, trustees have just begun the planning […]
Tag: TIF district
Posted inGovernment
Trustees Talking Bombardier Tax Incentives, New Development
Sturtevant trustees during a special board meeting Tuesday are expected to approve a package of financial incentives for Bombardier that will allow the company to expand internally, adding new equipment and new jobs. BRP is located in the Renaissance Business Park which is part of Sturtevant’s highly successful tax incremental financing district (TIF) that village […]
Posted inBusiness, Government
Bombardier Seeking Incentives for Expansion, New Jobs
Members of the Sturtevant Community Development Authority Tuesday will consider a request from BRP (Bombardier) for economic incentives for an internal expansion that will add new jobs. Village President Steve Jansen confirmed for Racine County Eye that BRP is reorganizing a portion of their Sturtevant headquarters to accommodate additional work stations and employees but it […]
Posted inGovernment
New Sturtevant Development District Could Include Cobble Court
Sturtevant board members will talk Tuesday about the status of land they’re eyeing for future development on Highway 11 that is believed to be in foreclosure. Cobble Court was originally planned as a mixed use, walkable community development with commercial and retail buildings fronting Durand Avenue and townhomes and single family homes rounding out the […]
Posted inGovernment
Sturtevant Residents, Business Owners Weigh In About Future Development
Residents Monday helped Sturtevant trustees compile a wish list of potential details they’d like to see included in future development along Highway 11. The village board and the Community Development Authority held the joint meeting as the first of what Village President Steve Jansen hopes will be several conversations with residents and village business owners. A […]
Posted inGovernment
New Highway 11 Development Meeting Monday
Sturtevant residents are invited to a public information meeting Monday to talk about future development districts in the village, including a focus on the Highway 11 corridor. The closure of Sturtevant’s successful tax incremental financing district next year means Sturtevant trustees are looking at establishing new districts to keep the development ball rolling. At a meeting in […]
Posted inBusiness, Government
Sturtevant Exploring New Development Districts
With the closure of their successful tax incremental financing district coming next year, Sturtevant trustees are already looking at establishing new districts to keep the development ball rolling. Village Engineer Jeff Seitz Tuesday pointed to possibilities at which trustees are eager to look more closely: Along Highway H moving south about a half-mile from Durand […]
Posted inGovernment
Sturtevant TIF Closure Could Mean 25% Tax Decrease
After Sturtevant’s lucrative tax incremental financing (TIF) district closes next year, village property owners will most likely see a 25 percent decrease in their property taxes in 2017. In a nutshell, the TIF closure is expected to bring the village mill rate down from $8.60/$1,000 in assessed value in 2016 to $6.80/$1.000 in assessed value […]
Posted inGovernment
Sturtevant TIF Closing, Property Tax Relief Expected
When Sturtevant’s tax incremental financing district closes next year, property owners throughout the village will feel the relief in 2017. There will be a presentation Tuesday about the steps involved with closing the current TIF district and where the village could establish another one to keep Sturtevant on a forward development trajectory. Primarily comprised of […]
Posted inBusiness, Government, Real Estate
187 Acre Industrial Park Planned For Caledonia, Norco Expected To Build
Norco Manufacturing Corp. plans to build a 130,000 square-foot facility on 15 acres of a 187-acre parcel of land that WisPark LLC has agreed to defray some of the infrastructure costs. Raymond-based Norco manufactures doors for the aeronautics industry and has entered into memorandum of understanding with Caledonia and WisPark. The terms of the sale have not been settled. Raymond-based DNKC Holdings […]
Posted inBusiness, Government
Sturtevant Talking TID Closure, Lower Property Taxes
**Editor’s note: We mistakenly identified the company expanding as Lehman Bakery when it’s really Leman, USA. We have made the correction and regret the error. Sturtevant trustees and members of the village Community Development Authority will meet Tuesday during a joint meeting to discuss closing their tax incremental financing district (TIF) and the Lehman Bakery […]
Posted inCommunity
Joint Review Board is Final Green Light for Business Parks
Two Mount Pleasant business parks will move another step closer to full approval when the Joint Review Board meets Oct. 13. The first TIF (tax incremental financing district) totals almost 300 acres but does not include a nearly completed 132,000 square foot building at the southeast corner of International Drive and Highway 20 from Land & Lakes Development […]
Posted inGovernment
What’s on the Mount Pleasant Village Board Agenda?
The Mount Pleasant Village Board will meet Monday to take up a number of items in which residents might find some interest. One of the first orders of business will be the discussion and possible adoption of ordinance changes that revise the way village board meetings are conducted; specifically Chapter 2 ordinances 41 (Composition; Election; […]
Posted inGovernment
Trustees Meeting Again About Land Swap Deal
Mount Pleasant trustees will meet in closed session Thursday for the first time after directing village Administrator Kurt Wahlen Tuesday to continue negotiations with Sturtevant over a proposed land swap deal. The reason for the meeting as listed on the agenda is similar to what it was for the meeting Tuesday. Board members will also discuss a […]
Posted inCommunity, Government
Caledonia Sewer And Water Project Could Cost Up To $16 Million
Caledonia is looking to develop 764 acres of land in the village, but in order to attract developers it needs to install the infrastructure needed to provide sewer and water — an estimated $16 million project. But Village taxpayers could be on the hook to pay for some of the sewer and water projects if a […]
