The TIF question

Discussion in 'Milwaukee' started by fclalala, Aug 2, 2005.

  1. fclalala New Member

    Member Since:
    Aug 2, 2000
    Location:
    Beloit, WI
    I'm wondering if I can help with an informational brochure/paper on TIF financing for the Milwaukee project. I think the mis-information about what the TIF money would be used for and how TIF works doomed the PabstCity project. If you can Peter, can you divulge the percentage of the TIF money that will go to public infrastructure. I would imagine it's very high.
          
  2. Peter Wilt Member

    Member Since:
    Jun 11, 1999
    Location:
    Whitefish Bay, WI
    We'll ask for a 1/7 ratio on TIF/total construction cost (approx. $25m TIF). Don't have the percentage of TIF to public infrastructure, but i will get that for you. We are putting together a public information flyer for distribution to explain this and other issues. Your assistance would be appreciated. i'll PM you with info.

    Thank you.

    peter

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