and sec 2-405 of the Code of Ordinances of the City of La Crosse regarding
economic development.
Attachments:
A motion was made by Morrison, seconded by Janssen to restore paragraph f
of the current ordinance that speaks to standalone residential development
projects. The motion failed to carry with Morrison voting in favor of the motion,
and Janssen, Happel, Reynolds, Seeger, and Markussen voting against.
A motion was made by Morrison, seconded by Happel to restore current
ordinance paragraph g regarding standalone student housing. The motion
failed to carry with Morrison and Happel voting in favor of the motion, and
Janssen, Reynolds, Seeger, and Markussen voting against.
A motion was made by Janssen, seconded by Happel, that the Ordinance be
RECOMMENDED TO BE ADOPTED . The motion carried by the following vote:
5 - Happel, Seeger, Janssen, Markussen,Reynolds
Yes:
No:
1 - Morrison
1 - Vacant 1
Absent:
Resolution approving a revised Tax Increment Financing policy.
5.
Attachments:
A motion was made by Happel, seconded by Janssen to restore equity
requirement that CIty assistance shall not exceed the amount of equity
provided by the developer. The motion passed with Happel, Janssen, Morrison,
Reynolds, and Seeger voting in favor of the motion, and Markussen voting
against.
A motion was made by Morrison to restore TIF Cap of 10%. The motion failed
for lack of a second.
A motion was made by Morrison to remove newly added 85% rule. The motion
failed for lack of a second.
A motion was made by Morrison, seconded by Markussen to remove section (l)
regarding a sustainability plan. The motion passed unanimously.
A motion was made by Morrison, seconded by Janssen to remove new
provision 8 regarding the inability to protest the determination of property
value. The motion passed unanimously.