by Tim Lyke
Ground may be broken as soon as this spring on Agnesian HealthCare’s new Green Lake clinic.
The Green Lake City Council unanimously approved an agreement Monday evening with developer Alex Zabel for the 26-acre parcel of land at the southwest corner of the intersection of highways 23 and 49, and County Road A.
A second vote, also unanimous, permits Zabel to sell “Lot 1” to Agnesian before improvements are made to the site. Lot 1 is a 3.06-acre site that fronts Highway 23,
The waiver of required infrastructure will enable the health-care company to buy the property and begin building its clinic “pretty quickly,” Mayor Jon McConnell said, adding shovels likely will turn this spring.
Although Agnesian can begin construction without any required street, curb, gutter, sewer, storm sewer and water hookups, McConnell said, “it can’t occupy the site until improvements are done.”
He also emphasized that the developers agreement, which was discussed in closed session, provides no financial incentives for Zabel and his company, ZA Commercial Real Estate.
“It’s all based on developer performance,” McConnell said.
The developers agreement permits Zabel and his wife, Ann, to develop the land in a way that is “financially feasible” using tax increment development assistance as it is contained within the city’s Tax Increment District 3.
By freezing property tax level on the district, additional value — or “increment” — may be applied to assist in the property’s development.
That has a public benefit, according to the developers agreement, “by expanding the tax base and creating employment and commercial opportunities, thereby serving public purposes in accordance with state and local law.”...
To read the entire story, see the April 16, 2015 edition of The Ripon Commonwealth Press.