File #: 25-0552    Version: 1 Name: TIF Development Agreement for Haven on Main
Type: Resolution Status: New Business
File created: 5/9/2025 In control: Finance & Personnel Committee
On agenda: 6/5/2025 Final action:
Title: Resolution approving a development agreement with Haven on Main, LLC, an affordable housing development located on the corner of Main Street and 10th Street North. (Note: The Committee and/or Council may convene in closed session pursuant to Wis. Stat. 19.85(1)(e) to formulate & update negotiation strategies and parameters. Following such closed session, the Committees and/or Council may reconvene in open session.)
Sponsors: Tamra Dickinson
Attachments: 1. Resolution, 2. Haven on Main Development Agreement, 3. Exhibit A - Real Estate, 4. Exhibit B - Project Description, 5. Exhibit C - Restrictive Covenant, 6. Exhibit D - Public Improvements, 7. Exhibit E - Project Cost Breakdown, 8. Exhibit F - Timeline, 9. Exhibit G - Monetary Obligation Example, 10. Exhibit H - Multi-Year Operating Proforma, 11. Exhibit I - Sample Look Back Calculation, 12. Legislative Staff Report, 13. Marlis O'Brien - 6.3.2025, 14. Jim Cappuccio - 6.3.2025
Related files: 23-1471, 24-1297, 2692, 25-0533, 24-1389, 25-0345, 24-1390, 24-0041, 24-1531
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Title

Resolution approving a development agreement with Haven on Main, LLC, an affordable housing development located on the corner of Main Street and 10th Street North.

(Note: The Committee and/or Council may convene in closed session pursuant to Wis. Stat. 19.85(1)(e) to formulate & update negotiation strategies and parameters. Following such closed session, the Committees and/or Council may reconvene in open session.)