Gov. Tony Evers has approved the Town of Gibraltar’s request to create a Tax Increment Financing District, commonly referred to as a TIF district or TID, to help pay for the expansion of its sewer lines to the upper bluff portion of the town along Highway 42. The bill was proposed by Rep. Joel Kitchens at the request of the town to allow the municipality to create the district. 

The idea to create the district came after Marise Redmann approached the sanitation department with plans for approximately 100 residential units in two- and four-unit buildings and 15 vacant homesites on the property atop the bluff that’s commonly referred to as the Redmann property. The approval is subject to two conditions: that the TID allowed under the bill must terminate no later than Sept. 30, 2032, and that any developer’s agreement associated with the TID must include a letter of credit guaranteeing repayment of the TID’s debt service.

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