Wisc John Deere Foreign Partnership Dividens Distributions natlawreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from natlawreview.com Daily Mail and Mail on Sunday newspapers.
The upshot
River Falls Holdings has high hopes for the project. That includes attracting an estimated 160,000 people to the area each year as well as benefits such as increased property values and job creation, according to a city staff report.
The city would put forward around $3.7 million for bridge and street maintenance, utilities, potential property acquisitions and other related expenses. The development will have a taxable value of more than $10 million and generate enough revenue through tax incremental financing to pay for project costs within 25 years, according to the project plan.
Site details
The 76,000-square-foot Shopko building on Paulson Road has been vacant since the big box retail chain declared bankruptcy in 2019. City staff described the site and attached parking lot as “aging,” and makes a bad first look for the high traffic area entering the city.
Amendment would direct funds to deliver immediate assistance to WI businesses
MADISON – Today, Wisconsin Assembly Democrats introduced a substitute amendment to Assembly Bill 2 that maximizes the $500 million in the bill by delivering relief to small businesses that are continuing to struggle in the COVID-19 pandemic. AB 2, which has not had a single public hearing despite a nearly half-billion dollar price tag, is scheduled for a floor vote on Tuesday, February 16th. Assembly Democrats’ substitute amendment would create a tax deduction for Wisconsin businesses that received a Paycheck Protection Program (PPP) loan as large as $250,000
and provide $241 million in state grant assistance to small businesses in Wisconsin who are struggling due to COVID-19.