This is the headline for today's article in the Northwestern about the closed-door meeting about the Five Rivers Resort project.
An exerpt from the articles says
"The TIF money will build a public river walk, new seawall, street improvements and land preparations on and around Five Rivers Resort's footprint west of Jackson Street on the Fox River. The package also includes an up to $6 million public development grant intended for Five Rivers.
The growing value of the Five Rivers property, as it's improved, would generate property taxes to pay back the public debt in site infrastructure improvements. "
But wait a second. How can the city generate money from the Five Rivers Resort under the Wisconsin state property tax freeze?
Or am I missing something here?
posted by Oshkosh Music Scene @ 11:37 AM
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