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Stoughton City Council Considers Walmart Agreement PDF Print E-mail
Business & Jobs
Written by Buzz Davis, Stoughton   
Tuesday, 23 June 2015 16:12

walmartWalMart has demanded that the city enter an agreement with their company to provide $5 million, or possibly more, in TIF monies for it's proposed structure. Stoughton Forward asks the city council to table the Developer's Agreement until the city consults with their TIF experts.


STOUGHTON, WI - Stoughton Forward requested the city attorney to review proposed actions by the Common Council of the City of Stoughton relating to the Kettle Park West development in light of the requirements of the Wisconsin statutes regarding TIF districts.

WalMart has now demanded that the city enter an agreement with their company to provide $5 million, or possibly more, in TIF monies for the public infra-structure that is required for the first phase of the development which is a retail mall with a WalMart SuperCenter as the anchor store.

On Tuesday night, the city council is scheduled to approve a new developer's agreement to reflect WalMart's demands among other changes.

Citizens and Stoughton Forward have been fighting against this massive corporate welfare. In April city voters voted 60% against the proposed corporate welfare, 78% in favor of re-focusing city efforts on re-developing the Downtown and riverfront and 53% voted against the entire Kettle Park West project.

Half of the 12 alders refuse to listen to their constituents who oppose the project and refuse to consider the voters wishes in their decision making.

Stoughton Forward has asked city council to table Tuesday's agenda items that relate to the Developer's Agreement until the city consults with their TIF experts who will advised them as to how to properly and legally proceed.

The city council meeting starts at 7 PM, Tues., 6-23-15, in council chambers above the police dept. in Stoughton, 321 S. Fourth St.

Public comment period starts soon thereafter.

 

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