Q: How long could it possibly take for the City of Madison to pass revisions to the TIF policy?
A: An unbelieveably long time.
This is embarrassing.
Fall 2004 – Board of Estimates forms a subcommittee of Alds. Olson, Konkel and Onken to make recommendations for revisions to the TIF policy.
1/24/05 – BOE Subcommittee update to BOE
2/1/05 – Council approves $2.5M TIF for the SuperSaver site near Allied Drive
3/15/05 – Council approves $2.3M TIF for Monroe Commons
4/19/05 – Ald. Onken retires from the Common Council and has to be reappointed as a citizen to finish our work.
– TID #34 created and project plan approved (Covance)
5/17/05 – Council approves up to $2.4M in TIF for public improvements in TID #34 for storm sewer, sanitary sewer, water main, street reconstruction and new street and sidewalk construction.
6/29/05 – Board of Estimates submits its report on recommended changes – STILL HAS NOT BEEN ACTED ON
7/5/05 – Council approves TID #35 (Todd Drive)
7/19/05 – Council approves $4.3M TIF for Capital West (Randy Alexander)
9/6/2005 – Council denies Gorman TIF for 800 E Washington
9/6/05 – Council approves TID #36 (E Washington Capital Gateway)
9/7/06 – Housing Committee recommends approval of the BOE subcommittee report
– Economic Development Commission recommends approval of the BOE subcommittee report
9/20/05 – Mayor introduces change to 10% set aside committee process – STILL HAS NOT BEEN ACTED ON
9/20/05 – Council approves $100,000 of TIF (amended version here) for consultants for Allied Drive
11/7/05 – Plan Commission passes BOE subcommittee report – WAITING FOR BOARD OF ESTIMATES TO ACT ON THE REPORT
3/7/06 – Council approves $40,000 of TIF for planning for the BioAg Gateway
3/29/06 – Due to lack of action, Konkel, Verveer and Olson introduce resolution to adopt procedural recommendations of the BOE subcommittee report – PASSED 5/2/06 WITH REPORT DUE ON JULY 11
4/4/06 – Council approves $200,000 of TIF for Brittingham Boat House
4/18/06 – Council approves $5.8M TIF to buy Hauk property in Allied Drive
4/25/06 – $2M TIF for Landmark Gate introduced – NO FINAL ACTION
5/16/06 – Council approves $3M TIF for University Square
7/18/06 – Amendment to TID #32 (State St.)
– Creation of TID #37 (Union Corners)
– Council approves $130,000 TIF for TJK Properties
– TIF policy on process finally drafted and introduced to the council
9/5/06 – Council amends TID #29 project plan (Allied Drive)
9/06/06 – Economic Development Commission recommends approval of TIF process resolution
9/18/06 – Plan Commission recommends approval of TIF process resolution
10/3/06 – Council approves yet another committee to discuss TIF – this one is supposed to focus on the policy recommendations of the report of the BOE subcommittee from June 2005.
So where are we at? Since recommendations for changes have been made several million dollars of TIF have been approved and several TIF districts have been created. Hopefully the BOE will take up the policy recommendations of the June 2005 report on Monday and they will pass it so that the council can pass it on November 7th and then the committee that is being formed (citizens, alders) can work on additional policy recommendations in the June 2005 report. Apparently, the committee is supposed to report back to the council by August 2007. Over 2 years after the last report . . . this is absurd. You’d think someone didn’t want to make any improvements to our TIF policies!?
