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Tax Incremental Districts Joint Review Board

Regular Meeting

Green Bay, WI · June 23, 2021

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Minutes

MINUTES OF THE TAX INCREMENTAL DISTRICTS JOINT REVIEW BOARD WEDNESDAY, JUNE 23, 2021, 11:00 AM Virtual Meeting. Public may join via Zoom. A. ZOOM MEETING INFORMATION. 1. This item contains documents which provide call in information and instructions for the Zoom Meeting. B. ROLL CALL. 1. Members: Diana Ellenbecker, City of Green Bay; Bradley Klingsporn, Brown County; Peter Ross, Green Bay Area Public School District; Bob Matthews, Northeast Wisconsin Technical College; Brent Weycker, Citizen Member. Present: Peter Ross, Gina Van Egeren on behalf of Bob Mathews, Brent Weycker, Diana Ellenbecker, Bradley Klingsporn, Excused: None C. APPROVAL OF THE AGENDA. 1. Approval of the agenda for the June 23, 2021, meeting of the Tax Incremental Districts Joint Review Board. Moved by Brent Weycker, seconded by Peter Ross to approve the agenda for the June 23, 2021, meeting. Motion Passed. Yes- Gina Van Egeren, Brent Weycker, Diana Ellenbecker, Peter Ross, Bradley Klingsporn, No- None, Abstain- None. D. APPROVAL OF MINUTES. 1. Approval of the minutes from the April 8, 2021, meeting of the Tax Incremental Districts Joint Review Board. Moved by Bradley Klingsporn, seconded by Gina Van Egeren to approve the minutes from the April 8, 2021, meeting. Motion Passed. Yes- Gina Van Egeren, Brent Weycker, Diana Ellenbecker, Peter Ross, Bradley Klingsporn, No- None, Abstain- None. E. REGULAR BUSINESS. 1. Review the Tax Incremental Districts annual reports. Moved by Bradley Klingsporn, seconded by Gina Van Egeren to receive and place on file the Tax Incremental Districts annual reports. Motion Passed. Yes- Gina Van Egeren, Brent Weycker, Diana Ellenbecker, Peter Ross, Bradley Klingsporn, No- None, Abstain- None. 2. Staff report on the performance and status of each district governed by the Board. Neil Stechschulte presented the staff report. No action needed. F. INFORMATIONAL. 1. Set next meeting date, time and format. No action needed. G. ADJOURNMENT. Moved by Bradley Klingsporn, seconded by Peter Ross to adjourn. Motion Passed. Yes- Gina Van Egeren, Brent Weycker, Diana Ellenbecker, Peter Ross, Bradley Klingsporn, No- None, Abstain- None. VERBATIM MINUTES - That is, I think we're ready to go. Let's say, I guess, digitally are we all? Well, we have Lisa, we all good to go in terms of everything else for a minutes and recording, okay perfect. And Dave gives us the thumbs up too. I think we are good to go, Diana. - All right, sounds good. Well, call the meeting together for the tax increment district. The joint review board for June 23rd at 11:00 AM. We will take a roll call. Bradley Klingsporn? - Here. - Peter Ross? - Present. - Bob Matthews? - Actually, yeah. Gina is here on Bob's behalf today. - Okay, thank you. - Gina is here. And then we have Brent Wecker. - Yes. - And then Diana Ellenbecker from the city is here. - Excellent. - All right, so we'll move on to the approval of the agenda. - All right, we have a move by Brent, second by Peter all in favor. That's approved. We're down to the approval of the minutes from the meeting on April 8th, 2021. - I'll second. - All right, we had a motion by Bradley and second by Gina all in favor, that is approved. We'll move on to regular business. The item is review of the tax increment district annual reports. Obviously, there's a lot of information here. It's a large packet, as we've done in the past. We tried to take all that information, the DOR reports and we summarize it on one spreadsheet. I think that's a little bit easier as a snapshot. Do you have questions right from the beginning? Do you want me to go through a lot of detailed? How do you want to meet me to handle this? I can give you as much detail as little detail as you want, any suggestions? - I'm good with a 20,000 foot view. - Okay, well then we'll go over and very quickly very high level and please stop me. I will touch on every one real quick, but just, I don't even know if I have to catch them all, you know. Tip four is our oldest and still it has a term date of 2025. I'm good, that one is just running just smoothly. That's tid four, tid five there was a lot that happened in tid five in this past year that had a, that district got amended and we moved out the ship yard out of the tid five. So, we created tid 22 instead in the shipyard. So, there was a lot of movement of revenues and expenses and then projections. And, that also had there was money that was allocated to tid 9. So there was a lot of moving. So, you know, we started at 1.9 million at the beginning of the year, right? We went down to about $900,000. We still expect some large expenditures in this tid, tid five. But, we will need those years, last couple of years to finish out paying for those projects. But, again, lot happened in tid five. But, now that has been carved. All the shipyard has been carved out. Move on to seven, eight and nine. All three of them were closed in 2020. So if you looked at last year's projections of future costs and future revenues numbers have changed a lot because we have now closed out those TID's. We've had some allocations out of those TID's. So, shows very little movement or activity future activity for those TID's TID 10 is our next next one, main and mason. And that one is, not a lot of expenditures. At this point, we have just started working with our development team to work on some future projects for this TID, as we have income coming in, and not as many expenditures. So, we are working on projects to try to, this is mainly Mason. There's plenty of stormwater projects that we can use down and Maine and Mason. We move on to TID 12. This is a tid, also, there was quite a bit of activity that went on last year. And this year, the increment is over $2 million, but we also had a lot of projects going on mostly for one of our large development in the I-43 development. It was the nature's way. So, getting infrastructure into that TID. We continue to, it also had a allocation to TIF 9, that was approved last year. So, still some future costs that are being still worked on. And, were already obligated, with some future revenues coming through. We'll go onto TID 13. That one is our downtown TID. Have a lot of expenditures here, as you can tell. See, it's a negative fund balance. We do have more increment coming in then we do have show of future expenses. And we just show that this TID will turn positive in the about the next two years. So at this point, there's no new projects. I mean, no new infrastructure projects planned in here. We do have potential some new development going on downtown which will help our increment. But, the goal is still is within two to three years, that this one will turn positive. Go onto TID 14 which is our rail yard area that we're starting to see some nice improvement in the tax increment. We also had some large infrastructure projects in there. We also did some borrowing in this TID. So, it went from a negative fund balance of 3 million down, to about two five. And this one also based on projections, in about two years, we are looking to have this one as a positive fund balance. Again, we have a lot of activity going on in TID 14. And the Director will talk to you after we go through the annual reports of some of these additional new projects coming through. TID 16, which is our military avenue very little activity there at this point, starting to show off positive fund balance. Finally, in 2020 we rolled to a positive fund balance. And so we are looking at some future storm water projects in this TIF before closure. TIF 18 university avenue the festival foods now out on that side our JBS out on that side. Negative fund balance and that is partially because of a project that was started at JBS. We just haven't seen the increment to go with that project. We did have an upfront project grant of 1.5 million and that's why you're seeing a nick. But, the director also had some positive information on that TID, but we are seeing some positive movement on this TID. Then we get into East Towne Mall, as you know, we had high expectations of changes in East Towne Mall. But, we were lucky to get some change in the Cub foods. We have some changes going on there now, but so this one still remains very little activity. We haven't done any payouts other than some now pay goes for increment that's been created. So, it's still small positive fund balance looking for some bigger changes coming down the pipe. Whitney park, very new development. We haven't seen much increment yet. That will all be coming online for the one of 21 which will affect will be we'll see the increment really at the beginning of next year. Again, that one just has a negative fund balance but for a few administrative costs a few minor costs, same thing. Green bay packaging, green bay packaging has a by the time we ended the year we've had a negative fund balance of 31,000. But, one of 21, we do have incremental $1.6 million that came in from green bay packaging. This is our large pay-go. We do have a 90% pay-go that goes on to pre- med packaging. As we have very little infrastructure costs that we have so far put into this TID. So, right now it's looking negative 31, by next year we'll have a nice positive fund balance. And again, we'll start paying out a large 90% pay-go on this in this TID. We go onto the shipyard again, there was a lot of changes with a new TID that was created. We moved out all expenditures and all revenues that were brought in for the ship yard and that district that was removed out of TID 5. We had some new bonding in 2020 of $2 million. We transferred in about 1.5, 7 million from TID 5. So, started off very small because it was just a brand new TID. And at the end of the year we are sitting at about a $2.6 million fund balance. But again, the majority of that is because of borrowing, and for future projects at the shipyard. Phase one will be happening this fall. And then the director will talk to that. So, right now it looks positive. We just haven't spent down some of the money that we borrowed yet for that project. The legend district, a very new TID at this point, very little activity, but it will be receiving $850,000 in 2021 from our TIDs. That was a project that was started in TID 7. It was a pedestrian walkways that was not able to complete prior to us closing, so we got approval to allocate $850,000 from TID 7 to TID 23, which will be then able to be spent in this TID and improve that. Use that for infrastructure in this district. I know I flew right through it. Please let me know what questions you have. I got thumbs up from Peter. - I just want to clarify it was seven and it closed in 2020? - 7, 8, and 9 all closed in 2020, correct. - Okay. Thank you. - And I think, director had asked the question and should I steal his thunder? Between the three of them that we closed, they had increment value of $58,970,000. So overall our equalized value, our TID stats we're currently at 7.3% of the 12% that we can have open for TID's. These three that we closed are about a 0.8%. So, we go from about a 7.3% to about a 6.5%. So we drop our allowable TID's by closing these three TID's. Any other questions? Otherwise we would take a motion I guess this is just to receive and place on file. If there are no changes or questions, or recommendation, we had some spelling mistakes on our DOR reports. So, thank you to Bradley. We are going to be fixing those before we submit them to DOR. But, also changes we would be submitting them as presented in the packet. And again, this would be a receive and place on file then. - Before you do that, I have a question. So a couple, the next mandatory term dates there's a couple of 2025, 26's, and when you're going through, you were talking about if you had infrastructure projects that could be done. Is there any discussion on what's going to happen next? And whether, instead of doing the infrastructure project there now rather, A to terminate a couple of years early and create a new TID service there, I guess. Cause they're all ongoing effort to develop. You know what, I'm thinking what TID 5, TID 10. I'd imagine that in 2027, there's going to be a TID there. It just isn't going to be the same one that we created here. - We've believe I had some discussions. We, on a weekly basis, we meet with our development team. And TID five, as you know, as you were just mentioning TID five actually has an expenditure period that ends in December of 21 here. So we have been looking at some projects that still could be completed this year to make sure that we could use projects that are needed into TID five. So at this point we have not had any discussion of closing TID five early, as some of these expenditures will really take our fund balance down, and that will need a little bit of more future revenues to kind of bring it back up. But, at this point there was no discussion of closing that one early, and then that really the next one that has the next termination date would be yes, TID 10. And at this point our expenditure period doesn't end till 2026. So, again, the discussion and the plan at this point was to move forward and continue to have some projects up until 2026. We did not discuss closing this one down and then creating a new one, certainly up for discussion, certainly something, those are, you know, those are the two options, spend them up to your expenditure period or closing, create new. - And I would add Brad, certainly if we get a if we get a new project, certainly that needs that is going to be, we're going to need to probably, it's probably going to be in our interest to do that anyway because we're going to need the life of a new district to help out if, especially if it's a significant project. So that certainly remains a possibility. But I think something we haven't really made a determination on yet at this point. - Yeah, and just kind of, if you extend two period with the need to have the increment allow you to pay that off, then you can't really do anything in that, not expenditure period. Whereas, if you don't expand it, and you're able to close. Then, you have the flexibility to do more things in the future, so. - Absolutely. - Perfect, the other question I had was the agreement packaging legal agreement is that go through 2045 then I need a . - Give me a moment, I have to look up the I'm going to look at the spreadsheet real quick make sure I have right answer for you. - Not that any of us will care too much in 2044, but whether it was gonna be active is what I am curious. You know, cause it goes payload goes until 2045 then that's just locked in until 2045, and it just coasts. - A tax year of 2045, payable in 2046. Correct. - All right, well that one is gonna coast in there for the next 24 years. - Money in, money out, exactly, yeah exactly. But, they did just have their, their actual ribbon cutting for the plant here just about a month ago. So it was nice to see that they actually followed through on it, so. - Yeah, that sounds great. I will make a motion to receive. - We have a motion. Do we have a second? - Second by Gina? All in favor. - That passes. We'll move on to the second regular business items staff report on the performance and status of each district governed by the board and the director will take this one. - Yep, I'm going to kind of grace through some specific project updates some of the key ones, some of the districts. And we'll see if it just, again, want to see if you folks have any questions on that. So, hopefully projects update hopefully is coming up on the screen. - Yes. - All right, perfect. Great. Excellent. So we'll hop right in obviously here's our map of all of our districts. Certainly the 2021 map we'll remove seven, eight, and nine from this map, but they will no longer be on here again. I just kind of remind folks where the districts are at here throughout the city. Here at TID 14 in Washington apartments. I know our TID 4. I don't believe we had a whole lot of activity on this one. This is just a reminder of where this one is at again. So between Mason street and just past a little bit past Walnut street on the right on the river there. Similarly here's our TID 5 downtown. Again, this is one we have seen significant activity in. A recall there was a small property amendment. I believe some of this property was removed from TID five here and this right in this area here where the cursor is on the screen. That was our boundary minute that was done. So again, the area was taken out of that district. I think particular area that a focus going forward on the is certainly here for the, for this coming year two aspects of it, really the parking lot here in the close the near part of this, the photo here. Cities actively considering getting an RFP reissued for that particular lot for redevelopment on that site. However, we were also working with kind of some of the owners of the Bay Lake city center building there in terms of what the possible future use of that building may end up being. We're evaluating several concepts right now the original concept actually called for that building to be removed and some open space to be added here. The authenticity planted, folks remembered that. There's enough users in that building right now that are kind of proposing some new uses. So, we're still kind of evaluating and working with those property owners as to whether or not some sort of new mixed use may actually end up occurring in that Bay Lake building. And obviously that certainly impacts our ability. We think to RFP, the Adams street lot and get a development project on that side as well. But, again so what could be seeing some significant changes on this either one or both sites here. Certainly in the coming future here, so. A lot of work that we needed to make that happen, one way or the other, but again, certainly probably one of the most highest potential locations. I think for redevelopment, certainly in the city right now whether that's for use of the existing building or just, you know, a new project on the city's lot parking lot that they have right there, so. Stay tuned on this one. Hopefully we have some, some more information one way or the other on that one going forward. This is again, here's TID 10. The Maine and Mason TIF district and kind of reminding folks where that exactly. No real activity in that one at this point. TID 12, we mentioned certainly this is the I-43 business park. We've got a lot of interest in activities. Certainly staff is taking a very hard look at this in terms of expanding this, expanding the park here, certainly with the life of TID 12, being where it's at. Certainly that presents challenges in terms of being able to utilize the existing district to move that forward. So we'll talk a little bit about perhaps a future project. A future district need on what that might look like going forward here at some point. One project that is happening in that area by the bakery is a major daycare expansion project happening for the facility that's there in this particular area. I think we estimated this. You may bring up my notes here about a $12 million new clinics, about 130,000 square feet. So, a very nice project occurring. There is no direct assistance being added for that particular project. So, there is no TIF assistance. So, that's just new increment going into that particular site. So, we're certainly excited about that one. And that's, I believe they just broke ground on that one here. I believe here actually within the last month or so, I believe. TID 13, obviously this is one we see some significant activity possibly coming up here in the future. But, right now, no specific project. We mentioned the rail yard, certainly the one project that's here on this part. So here's the rail line, that's the river. You know, certainly the fort is probably the one project that's out there. Folks going to notice the elevator shafts that are up right now with not much other construction activity going on. The developers kinda lost part of their investment stack essentially. We're trying to re-establish really what their overall financing plans going to be at this point. They're certainly trying to work in adjust probably advancing and maybe going for some WEDA tax credits in terms of some affordable housing project in this area. Also, working with staff right now in terms of evaluating the mixed use status on the bottom floor of the building. I think the city's position has been, we've kind of want to see that commercial component really to kind of remain on that bottom part there, but that may be presenting some challenges for the developer. Specifically, with regard to financing the project. So we are currently kind of in negotiations for them. Ideally, if we get something worked out and we see some additional construction work happening here see at sometime this fall, if everything went perfectly, so. I mentioned the TID 16 military avenue district. This is here's the area here no specific real projects happening in that district to report on. The university avenue, project TID 18. This is a major one I think director did mention the project. These are the two buildings were constructed on the site, but then the developer after about a hundred, I think it was 1.5 million, Diana. did put in there for, for essentially for cleanup on the JBS site, I believe was the number. Got a couple of buildings started here, but the developers kind of had, again, unable to proceed with the project for financial aid at this point. We are in negotiations with a new developer to kind of present a similar, a different residential concept of kind of going from I think it was essentially there's 322 units at a value of about $21.9 million. So, we have a new developer proposing 209 units, but at the same valuation. So, a little bit at nicer, a little bit larger, a little bit bigger units, but the same value. So, we're excited, we're getting negotiations kind of getting that transferred over right now. We'd like to see that hopefully move forward here to both the RDA and city council. Hopefully within the next 30 to 60 days. So, there are some challenges in terms of getting the infrastructure lined up. If it was one developer they could kind of use a private drive. Since now there's going to be more than one owner. There, there probably needs to be some public street infrastructure that's going to be needed there as part of the project. So, we're kind of evaluating that, working with both developers to try to figure out exactly what that's going to end up looking like. But, excited to finally kind of see some progress on this one. I know our RDA has been kind of following up on this one and noting the lack of progress. Hopefully again, with the new developer we think we can get this jump started and get probably even a little bit nicer set of units on the site, even though the number's not quite as many units, but I think the quality of the unit and size of the unit will actually be a little bit better on this site. So, fingers crossed that proceeds here, this coming year. We mentioned the East Towne Mall project or East Towne Mall TIFF here. This is again the current reminder of where this is at. The structure here, that's going on here. We're kind of, this is a rather unique project that is happening here right now. American tent is actually being located in kind of the back half of these, these kind of giant buildings. So, it's gonna be kind of an industrial user, but in all of the commercial retail tenants are kind of being moved and relocated to the front of the building, so. For the outside perspective of folks, just driving by it's going to kind of look like a usual mall, but it's going to have a rather large industrial tenant in the back. A very fast growing company. American Tenant company is going to put one of their production space kind of back here in the back half of this building, so. A very unique combination of uses. And we're also seeing some interest in kind of generating some additional work on some of the out lots. Related to kind of the inner ring road. I guess we should call for lack of a better term and actually kind of making that inner road instead of just kind of a drive around the aisle of the mall actually being more of a functional public street access with actual businesses on both sides. So, we could be looking at adding some infill to these areas and obviously those parking lots are what they are there. There a large paved areas that don't generate a lot of increment. So, hopefully we can actually figure out a way to kind of update theirs. I think Dave Buck is on the line, and he said, there's more than a dozen planned unit developments I think on this particular site. So we're kind of, we're trying to work and try to get a kind of a master zoning re-established for the area that would kind of allow us to take a look at some of those things, including adding some of those additional infill developments possibly on some of these areas. Particularly like this main entrance here. We could see certainly billings occurring on both sides of that in kind of continuing this drive back to the main part of the mall. We similarly think there's some good opportunities there to kind of add some infill development to this particular area. I mentioned Whitney park. I think a lot of the updates a lot of the projects were completed. I think in this area last year were reported as a joint review board. And I think those were illustrated last year. Kind of working with them right now to kind of see exactly when they're going to receive their first payment. It was based on largely based on occupancy permit which I don't think they got until January 1. They just kinda missed the deadline. So, it kind of is delaying their, increment by it here. They were a little surprised by that. So we may be bringing an amendment back to the RDA to try to at least get something back to them this year for a subset based on the assessment based on the substantial completion of the project. So, that's probably coming forward to RDA here in July, we suspect. I mentioned Green Bay Packaging. Again, this was the largest. This is probably I think so looking back in the files this was apparently the first new paper mill constructed in Wisconsin in the last 30 years. So, pretty impressive project. Obviously they needed an enormous investment on the company's part, as well as from the TIFF standpoint. This is probably the largest project I'm anticipating. Seeing certainly for our foreseeable future, but again a great project in . The employer kind of retaining those jobs here, here in Green Bay, so. And plus that hopefully adding a few more when things normalize a little, so. It's shipyard is probably where we've seen the most excitement on here the last couple months. Again, this here's a map of the district. That's kind of the close-up of the area here. The reason that just remind folks, cause I certainly had to ask the reason this bizarre strip goes out here that is exactly what the parcel is, along the rail line. So, that we didn't have to in order to just keep, just take that parcel in. We actually had to go, this is actually one whole parcel this whole stretch out here. So, there's no projects or no increment obviously going to happen on that. It's just simply in the logistics of the map we had to have the, that was part of the parcel that was included down in this area. So, we simply had to include that strange stretch outbound the side there. So, I think the main project, obviously the shipyard here in general, here's the concept plan. The main project that was announced here earlier this year it was that we have a signed development agreement with Merge Urban Development. Their project is about 225 units of market rate housing. It's about $21 million project. I think it's going to be let's see how many buildings do we see. I think it's going to be two, four story buildings I believe is kind of what they're proposing on the site. A very unique design and that it keeps, maintains a visual access for most of the units to the river. So, they've actually done some kind of unique design aspects there to make that happen. Shortly after this was announced, we have a planning option has been pulled on the Badger sheet metal site kind of immediately adjacent to the site here. Impact seven is actually proposing and kind of currently evaluating a 238 unit project. That's actually at a more targeted rental rate for the 80 to 110% of the county median income. So, again, a little bit lower than market rate kind of in that middle median income number. Which is a unique aspect. This is our first project that's actually targeting kind of that center, that center income. So, you know, there's affordable and market rate. These are kind of are right in the middle it's we're kind of excited that they're filling a targeted need. We don't have a projected valuation on that. This is just a working on that, but really preliminary estimates are saying it's a 45 to $50 million construction costs. So, that'd be three, four story buildings. Is it going to be the massing on that site. So, a nice sized project there. So, we're excited to see some momentum kind of finally building here in the shipyard area. And then TID 23, this is the legends district. Again, the primary front check. This was, I think you guys have seen this one before. This is the legacy hotel project that's being proposed. We're currently working through with them. They actually did a relocation on their site from one side of the site to the other that affected some code questions and raise some issues to make that work. We're also thinking the valuation is probably largely going to remain the same. This is a $12 million five story building about 90,000 square feet would like to see hopefully get something worked out and updated development agreement completed with them here yet this summer and see some progress on the site here maybe even as early as this fall. So again, it could be a nice project over there by the, in the legends district close to Lambeau Field. I think Dr. Allen Becker already mentioned these. These were the actions that we took at the the joint review board meeting and the RDA here this earlier this year, just to remind everybody this is kind of what we went through the allocation amendments and the housing resolutions at least were all completed earlier this year. Just a quick reminder on that. We are looking at some possible new districts in terms of staff reviewing, you know when we might need to do these here we're looking at there's one for the one Astro project which I think everybody has probably seen before, but has been delayed for multiple reasons, coal piles being one of them, pandemic being another add, add to the list. As far as you go, if folks have driven by there they've actually seen the Fox River Trail actually being installed and actually going in on this site. So, some of the improvements have begun on the site. We're excited to see those, hasn't been officially dedicated on there. And I think we're already seeing several hundred people a day already going down the section of trail much to the private owners dismayed despite his efforts to block it off. So, folks are excited about it. They want to use the trail. The Monroe project that we're going to have it. It's a nice project. We'll kind of highlight that here shortly. And I mentioned previously, you know, kind of maybe an update for the pending business park expansion. And there is a blind elimination tip in Northeast neighborhood. We are taking a look at possibly as a staff to considering that as a possibility. So, we do know that we knew the one Astro project and the Monroe street project are going to require a new TIF district, for sure. We know eventually I-43 one will, as well. But, again, exactly what the timing of those are going to be is still a little bit up, up in the air. One of these could, you know, certainly they could move forward this year. We think probably one astor will probably need to move forward this year. So, we'll probably be reaching out to you guys, again, for a meeting on that particular district. Monroe, I think is it could be this year. It could be next year. I think we're evaluating with the developer exactly what their schedule is going to be. I-43, there's some other zoning, it's using several landowners out there that we're still doing some coordination on with that. And I think the planning staff is kind of evaluating this Northeast neighborhood areas still in terms of its potential to create a district. But, those are the ones that are at least on the radar screen right now, in terms of creating new ones. And this was the one Astro her project again. It's a four stories, a hundred units. I think it was estimated at about $13 million in value. So, again, that was the project that's kind of going on right there by the Mason street bridge. This would be what would be going on. I think ideally we get the agreement updated. They could be doing some site work and then actually had the trail exit trailed stations going in and actually see the project under construction as early as next spring. The one that's centering a lot of the excitement I think at least amongst staff, this is the former is the 200 north Monroe project being proposed. That is about, $22 million project. It's a three to five story building. You kind of see the difference in the height depending as the next architect actually lowered the height. As it goes to the residential neighborhood next to it. 172 units, a mixed use project. Not only are we excited about the, certainly the adding the residential units, it also includes expanding the main street Oriental market here and actually relocating across the street into the site, kind of expanding the grocery options downtown, which has been a major objective. The other one is we believe, I think there's negotiations going on possibly with UWGB to be at least tenant in this building and actually have get them to have a presence downtown, which is again, the city has been working on for quite some time. It would be pretty excited to have that. So, those projects all together, just to kind of give folks some perspective, we did kind of add that it looks like it's actually going to be a it could be about 200, if everything happens as currently anticipated, it's about $200 million in project valuation and about 1100, and almost just under 1200 residential units added. So pretty, pretty impressive numbers. We hope the pandemic stays away and takes care of things. And we're able to keep all these on track. And if so, should be seeing some significant investment private sector investment coming forward here in the next several years. So with that, I am certainly available to answer any questions folks may have. - What would be the procedure for the . You know, if they say, Hey, we really like to break ground. We have things ready. - Yeah, yeah, yup. Well, we have to have it depending on the timing. If we want this playing in place, we certainly have to have the agreement place. And I think we have to have the district. If we want to count the valuation as in one-one of this year, I think we have to have it done. Everything procedurally done before October 1st, I believe is the date. So, certainly that, if we need to know that, we need to know that pretty quick, because it sounds like, oh it's no problem. It's mid June, as well as that, that 90 days that kind of plus or minus it requires to actually create a district, that fills up pretty fast. So, we're kind of getting on the crunch. So, I'm assuming we're gonna know, probably make a determination on that Brad, probably within the next 30 days, I would think. We're going to have to have some discussions with, and as soon as we can come up with a new and really I think the key domino it falls that is getting an updated agreement with the developer. So, if we can agree on schedule and get everything ready to go. Now again, if he's not going to start construction until next spring, if he's definitely not doing anything, we'd probably have some options in terms of making it as available as of one, one next year. But again, it's just kind of figuring out, you know. What exactly is that going to be? So, hopefully we'll get that resolved here in the next 30 to 60 days, so. - All right, we're good. - Any other questions? - I have a question. This is Steve. I know I'm not part of the, at all. But, Diana had mentioned how much increment was going back into the tactical from our three closed earlier. And I just kinda missed it, update me. Was it like 58 million or something? - Let's see, hold on. What was that number? - That was the increment that is part of the three closed TIDS, remember. Two of them don't have affordable housing. And so there's one year of delay before those will go back to the texts and jurisdictions . It was a total of $58,970,700 worth of increment from those three TID's that we'll be going back to the taxing jurisdictions either this year or the following year. - Yeah, I just, I guess I just want it to kind of make, say these TID's are definitely performing. They're doing what they're supposed to and it's pretty exciting. That life is going against the rules within the next couple of years. - So he's showing off, that's what, that's what David was trying to do there. That's in case you guys missed that. That's what he was doing. So, we're excited about, and I guess to build on that obviously, you know, adding the prospect of an additional 200 million coming online with these additional districts obviously that's, we want to keep that trend going. That's, we're like seeing the private investment that is being generated by these districts. We are very happy with at this point, so. Any other questions? - If there are no other questions you know what we'll set the next meeting date as needed and there might be one coming this fall. If we're going to issue, set up a new TID. Otherwise I would take a motion for adjournment. - Motion adjourned. - Do we have a second? And was that you, Brad? - Pete. - Peter, okay. We have a motion by Bradley, second by Peter. All in favor. Alright, we're adjourned thanks guys. - Enjoy your vacations. - Thank.

Agenda

AGENDA OF THE TAX INCREMENTAL DISTRICTS JOINT REVIEW BOARD WEDNESDAY, JUNE 23, 2021, 11:00 AM Virtual Meeting. Public may join via Zoom. A. Zoom Meeting Information. 1. This item contains documents which provide call in information and instructions for the Zoom Meeting. B. Roll Call. 1. Members: Diana Ellenbecker, City of Green Bay; Bradley Klingsporn, Brown County; Peter Ross, Green Bay Area Public School District; Bob Matthews, Northeast Wisconsin Technical College; Brent Weycker, Citizen Member. C. Approval of the Agenda. 1. Approval of the agenda for the June 23, 2021, meeting of the Tax Incremental Districts Joint Review Board. D. Approval of Minutes. 1. Approval of the minutes from the April 8, 2021, meeting of the Tax Incremental Districts Joint Review Board. E. Regular Business. 1. Review the Tax Incremental Districts annual reports. 2. Staff report on the performance and status of each district governed by the Board. F. Informational. 1. Set next meeting date, time and format. G. Adjournment. Agenda of the Tax Incremental Districts Joint Review Board June 23, 2021 Page 1 1) THIS MEETING IS RECORDED: THE VIDEO OF THIS MEETING AND MINUTES ARE AVAILABLE ONLINE AT www.greenbaywi.gov 2) ACCESSIBILITY: Any person wishing to attend who requires special accommodation because of a disability, should contact the City Safety Manager at 920-448-3125 at least 48 hours before the scheduled meeting time so that arrangements can be made. 3) QUORUM: Please take notice that a majority or quorum of the Common Council will attend this Tax Incremental Districts Joint Review Board meeting and will constitute a meeting of the Common Council for purposes of discussion and information gathering relative to this agenda. 4) REPRESENTATION: The party requesting the communication, or their representative, should be present at this meeting. Agenda of the Tax Incremental Districts Joint Review Board June 23, 2021 Page 2

Packet

AGENDA OF THE TAX INCREMENTAL DISTRICTS JOINT REVIEW BOARD WEDNESDAY, JUNE 23, 2021, 11:00 AM Virtual Meeting. Public may join via Zoom. A. Zoom Meeting Information. 1. This item contains documents which provide call in information and instructions for the Zoom Meeting. B. Roll Call. 1. Members: Diana Ellenbecker, City of Green Bay; Bradley Klingsporn, Brown County; Peter Ross, Green Bay Area Public School District; Bob Matthews, Northeast Wisconsin Technical College; Brent Weycker, Citizen Member. C. Approval of the Agenda. 1. Approval of the agenda for the June 23, 2021, meeting of the Tax Incremental Districts Joint Review Board. D. Approval of Minutes. 1. Approval of the minutes from the April 8, 2021, meeting of the Tax Incremental Districts Joint Review Board. E. Regular Business. 1. Review the Tax Incremental Districts annual reports. 2. Staff report on the performance and status of each district governed by the Board. F. Informational. 1. Set next meeting date, time and format. G. Adjournment. Agenda of the Tax Incremental Districts Joint Review Board June 23, 2021 Page 1 1) THIS MEETING IS RECORDED: THE VIDEO OF THIS MEETING AND MINUTES ARE AVAILABLE ONLINE AT www.greenbaywi.gov 2) ACCESSIBILITY: Any person wishing to attend who requires special accommodation because of a disability, should contact the City Safety Manager at 920-448-3125 at least 48 hours before the scheduled meeting time so that arrangements can be made. 3) QUORUM: Please take notice that a majority or quorum of the Common Council will attend this Tax Incremental Districts Joint Review Board meeting and will constitute a meeting of the Common Council for purposes of discussion and information gathering relative to this agenda. 4) REPRESENTATION: The party requesting the communication, or their representative, should be present at this meeting. Agenda of the Tax Incremental Districts Joint Review Board June 23, 2021 Page 2 Virtual Meeting Instructions Tax Incremental Districts Joint Review Board 06-23-2021 Zoom Meeting Information Join Zoom Meeting https://us02web.zoom.us/j/84902238936?pwd=VlA5ZUYrU2FrMWxienFPbkg4VEZQZz09 Meeting ID: 849 0223 8936 Passcode: 795666 One tap mobile +13017158592,,84902238936# US (Washington DC) +13126266799,,84902238936# US (Chicago) Dial by your location +1 301 715 8592 US (Washington DC) +1 312 626 6799 US (Chicago) +1 646 876 9923 US (New York) +1 253 215 8782 US (Tacoma) +1 346 248 7799 US (Houston) +1 408 638 0968 US (San Jose) +1 669 900 6833 US (San Jose) Meeting ID: 849 0223 8936 Find your local number: https://us02web.zoom.us/u/kbQz0cCa4M 1 Zoom Meeting Instructions for Members and Persons Attending Meetings—City of Green Bay Additional Information 1. Wisconsin Open Meetings Law still applies a. Persons interested in speaking to an item must give their name and address b. Committee/Commission/Board members will still follow Roberts Rules of Order 2. All zoom meetings will have a password in the instructions. Please enter when prompted. 3. Please log into the Zoom meeting 10 minutes before the meeting starts to ensure proper technology is working. a. If you are a Board Member, please log into CivicClerk with a computer, laptop, or tablet device. 4. Once you are in the meeting please mute yourselves. a. You may unmute yourself when you are called upon to speak. 5. Waiting room a. When you call in, all callers/participants will be placed in a “waiting room.” b. Persons on the agenda will be admitted to the meeting, and then once the item is concluded, the host will permanently mute you from the meeting (you can still hear the meeting). 6. Using Zoom with a tablet or computer a. Tablet—you will be asked to sign in. Download the app either with the Apple Store or the Play Store b. Computer—you will be asked to sign in. You may download the app or click on the link to open Zoom in your browser. 7. Registering a. The host may ask you to register for the meeting. A registration link will be sent to you along with the invite. You’ll receive another email confirming that you’re registered for the meeting. b. If you’re using a phone, your registration will still be tied to an email. 8. Raising your hand a. Committee members—you can either use CivicClerk and request to speak or you can “raise your hand” in the zoom meeting (you’d need to use a computer or tablet) to let the host know you’d like to speak. You can also un-mute yourselves and start speaking. b. Persons on the agenda—you can “raise your hand” but you’d need to use a computer. You will be allowed to speak, per Wisconsin Open Meetings Rules, once the committee has “opened the floor for interested parties to speak.” Once the committee is finished with your agenda item, the host will mute you permanently, unless the committee opens the floor again. 9. What devices should I use? a. Smart phone (please see more detailed instructions on page 3) b. Land line c. Tablet—well in advance of the meeting, please download the Zoom Meeting app before you join a meeting by using either the Apple Store or the Play Store. You will be asked to input your name, thus identifying you for the meeting. You’ll also be asked to verify your email. d. Computer—well in advance of the meeting, please download the Zoom Meeting app, but you can also click on a link to open the Zoom Meeting in your browser. You will be asked to input your name, thus identifying you for the meeting. e. For tablet and computer users--if you download the app you will be asked to verify your email. 10. Zoom etiquette a. Muting yourselves when you’re not talking will prevent your background noise from interfering with others’ ability to listen to and participate in the meeting. b. If you’re using a telephone, please identify yourself with your phone number and name before you speak. Zoom meeting hosts can see only your telephone number and will ask you to identify yourselves. 11. Closed session a. Persons in the Zoom meeting will be put into a waiting room while the committee meets in Closed Session. Participants will be admitted back into the Zoom meeting once the committee reconvenes in Open Session. b. Persons watching live on YouTube will see a gray screen with the City logo during closed session. 12. Persons interested in attending anonymously or listening to the meeting may call in by dialing *67 followed by the phone number above. 2 Zoom Meeting Instructions for Members and Persons Attending Meetings—City of Green Bay Calling into the Zoom meeting using a smartphone 1. Dial the phone number listed at the beginning of this document. 2. When prompted, enter the Meeting ID number followed by # a. If you’re using a smartphone, you can access the keypad by clicking “Keypad” on your screen 3. Once you are in the meeting, notify the meeting host that you are in and state your name. 4. If you do not need to talk, please make sure your phone is on Mute a. If you’re using a smartphone, look at your screen and click the Mute button b. If you’re using a computer, you should see a Mute button in the Zoom application 3 Zoom Meeting Instructions for Members and Persons Attending Meetings—City of Green Bay MINUTES OF THE TAX INCREMENTAL DISTRICTS JOINT REVIEW BOARD THURSDAY, APRIL 8, 2021, 1:00 PM Virtual Meeting. Public may join via Zoom. A. ZOOM MEETING INFORMATION. 1. This item contains documents which provide call in information and instructions for the Zoom meeting. B. ROLL CALL. 1. Members: Diana Ellenbecker, City of Green Bay; Bradley Klingsporn, Brown County; Peter Ross, Green Bay Area Public School District; Bob Matthews, Northeast Wisconsin Technical College; Brent Weycker, Citizen Member. Members Present: Brent Weycker, Peter Ross, Bradley Klingsporn, Diana Ellenbecker, and Bob Mathews C. APPROVAL OF THE AGENDA. 1. Approval of the agenda for the April 8, 2021, meeting of the Tax Incremental Districts Joint Review Committee. Moved by Peter Ross, seconded by Brent Weycker to approve the agenda for the April 8, 2021, meeting of the Tax Incremental Districts Joint Review Board. Motion carried. Yes- Bradley Klingsporn, Bob Mathews, Brent Weycker, Diana Ellenbecker, Peter Ross, No- None, Abstain- None D. APPROVAL OF MINUTES. 1. Approval of the minutes from the March 8, 2021 meeting. Moved by Bob Mathews, seconded by Bradley Klingsporn to approve the minutes from the March 8, 2021 meeting. Motion carried. Yes- Bradley Klingsporn, Bob Mathews, Brent Weycker, Diana Ellenbecker, Peter Ross, No- None, Abstain- None E. REGULAR BUSINESS. 1. Consideration with possible action to adopt an Allocation Amendment Resolution and amend the Project Plan for TID Seven (7), Ashland Avenue and Lombardi Avenue Corridors to make an allocation to TID Twenty-Three (23), Legends District, for purposes of blight elimination and public infrastructure costs. Moved by Bradley Klingsporn, seconded by Peter Ross to adopt an Allocation Amendment Resolution and amend the Project Plan for TID Seven (7), Ashland Avenue and Lombardi Avenue Corridors to include an allocation not to exceed $850,000 to TID Twenty-Three (23), Legends District, for purposes of blight elimination and public infrastructure costs. Motion carried. Yes- Bradley Klingsporn, Bob Mathews, Brent Weycker, Diana Ellenbecker, Peter Ross, No- None, Abstain- None 2. Consideration with possible action to adopt an Allocation Amendment Resolution and amend the Project Plan for TID Twenty-Three (23), Legends District, to be a recipient of an allocation from TID Seven (7), Lombardi Avenue and Ashland Avenue Corridors for purposes of blight elimination and public infrastructure costs. Moved by Bradley Klingsporn, seconded by Bob Mathews to adopt an Allocation Amendment Resolution and amend the Project Plan for TID Twenty-Three (23), Legends District, to be able to receive an allocation not to exceed $850,000 from TID Seven (7), Lombardi Avenue and Ashland Avenue Corridors, for purposes of blight elimination and public infrastructure costs. Motion carried. Yes- Bradley Klingsporn, Bob Mathews, Brent Weycker, Diana Ellenbecker, Peter Ross, No- None, Abstain- None F. INFORMATIONAL. 1. Consideration with possible action to adopt an Affordable Housing Extension Resolution for TID Seven (7), Ashland Avenue and Lombardi Avenue Corridors. No action needed. 2. Consideration with possible action to adopt a Termination Resolution for the dissolution of a Project Plan, for the closure of TID Seven (7), Ashland Avenue and Lombardi Avenue Corridors. No action needed. 3. Consideration with possible action to adopt an Affordable Housing Extension Resolution for TID Eight (8), Henry and Morrow Streets. No action needed. 4. Consideration with possible action to adopt a Termination Resolution for the dissolution of a Project Plan, for the closure of TID Eight (8), Henry and Morrow Streets. No action needed. 5. Consideration with possible action to adopt a Termination Resolution for the dissolution of a Project Plan, for the closure of TID Nine (9), State Highway 54/57 Business Park. No action needed. 6. Set next meeting date and time. Members will be contacted to schedule a meeting for mid to late June. G. ADJOURNMENT. Moved by Bradley Klingsporn, seconded by Bob Mathews to adjourn. Motion carried. Yes- Bradley Klingsporn, Bob Mathews, Brent Weycker, Diana Ellenbecker, Peter Ross, No- None, Abstain- None VERBATIM MINUTES - Okay. All right. I'll get, wait for Dave to get us recording here. - Good to go. - Okay. Looks like we're good. Thumbs up there. All right. So zoom meeting information is posted. I'll just do a quick roll call here. So, Ellenbecker? - Here. - Klingsporn? - Here. - Ross? - Here. - Mathews? - Here. - Weycker? - Here. - All right, it looks like we have everyone here. Approval of the agenda. Could we have, for today's meeting, could I have a motion? - I so move. - Second. - Motion and a second. All in favor, say aye. - Aye [Group]. - Opposed? There being none. Great. Thank you. Approval of the minutes. The minutes are attached in your packet. Would request a motion for approval. - Move to approve. - Second. - Perfect, I have a motion and a second there. Any questions on the minutes or changes? If not, all in favor, please by responding by saying aye. - Aye [Group]. - Any opposed? - Perfect. Thank you very much. I'll pop into regular business item E1, consideration to possible action and adopt an application amendment resolution to amend the project plan for TID 7 Ashland Avenue and Lombardi Avenue Corridors is to make an allocation to TID 23 Legends District for purposes of blight elimination and infrastructure costs. Want to go ahead and just kind of, this is essentially, these are the same resolutions that were presented last time. The project plans have been included in your packet with the appropriate resolutions attached. I did want to make a note per, I think, Mr. Klingsporn's request. At the first meeting, we did clarify specified the project description down to specifically the pedestrian and street scape improvements identified in the approved plan document. So I wanted to make sure, Brad, to see if that was acceptable to what you were looking for to kind of dial that in. - Perfect. Excellent. Great, there. Does anybody have any questions on that? We did have a, Brad had some questions and comments. We did refine the financial tables that were kind of included in your packet. I can bring those up real quick. We'd like to kind of show those to make sure we've got what we need here. Let me see if I got the right - Share my screen here if I can. Let's do this one. Let me see if I can actually get the PowerPoint over for everybody. Can you guys see a PowerPoint on your screen? Might take a couple seconds maybe to come through. - Not yet. - Okay. We'll see if I've got the right one. Looks like it should be coming up here, but if it doesn't, let me try a different section here. I'm going to move it, I'm going to move screens here. - Yes, that was. Oops. - Okay, so you got my screen. Okay. But that's good. I can get it to go here. Okay. There we go. - Yes. - Perfect. I will hop on here. So I will just go through these real quick, so we can have any, see if we have any questions on these. That's not the worst, I want here. Well, hopefully we can get it, everybody can just read through these. Here we go. So I'm just going to, these are all pretty much all the same slides that were presented last time. I did want to highlight the changes. This was a specifically the description I just asked Brad about in terms of if it were response to his question last time. So I wanted to make sure everyone was aware of that. That is the same language that has been included into the resolution specifically to be tied into those specific costs. There's also, there's the map of the district. So here we go. We did amend, we went back right after we kind of reviewed the questions on this specifically wanted to address this question to make sure it kind of the numbers balanced out a little here. We went back to our $850,000 because that was what was the number that was in the resolution, essentially, so we just wanted to make sure that it's an up to that number. If for some reason it comes in at a lower figure, certainly the amendment would come in less than that. So we just wanted to make sure, but again is, you know, leave it to an accounting guy to make sure that our math is working, which we appreciate. Thank you, Brad [Laughter] So we did kind of add that to just update that. So again the allocation amendment is specifically the $850,000. We also do want to note that we updated the specific affordable housing number, right, Diana, that's the actual number of the affordable housing number, so we did not have that number at the first meeting, so that has been incorporated into the summary here. So just if anybody has any questions on that. So otherwise it is the same structure and setup as last time, it's just that we've refined those two specific numbers on that. We mentioned some of the other, going to hop down, these are the other resolutions that really don't require action from this group, but the council did approve all those. We'll talk about those later on in the agenda just as a recap, if there's any questions on those. But TID 23 was the other one, with the chairs okay, just kind of present both of these simultaneously since they are directly related to each other. Again, same as similar language that was included as previously referenced both here and in the project plan and in the specific resolution. And then again, identify them, the TID 23 balance again, essentially, to represent exactly, kind of, what we think the allocation. And again, transferred back to the $850,000. So a lot of these numbers are estimates. So there's a little bit off, there's some rounding. That's why it's not an absolute zero balance presented here. But so in some of these are still projected in estimated numbers, but the object obviously is to get it as close to zero as we can. So those are just, kind of, the allocations. Again, this is just an update on, this was a new slide from last time too. This is kind of an estimate, of what we think the closures we'll be bringing back to each of the jurisdictions. So just as a reference, TID 7, is about $780,000 taxes that were received. TID 8 is $381,000, and TID 9 was $185,000. So that was, you know, so if anybody's interested in reporting back what the actual impacts of these districts closing on an annual basis would be, this is just kind of provide that information. So again, the kind of the justification and the reason why we all do this, right? So eventually to get these numbers back in, and start increasing the tax revenue back to everyone here. And then just to recap, very quickly, these were the meetings that were essentially that were all held and notice and where everything was essentially was adopted. So, all right, with that, I'll try to get back to our agenda. So the project plan documents are included for TID 7, specifically, is in your packet. Again, pretty much it's actually the exact same document as you had previously, except for the addition of the proper resolutions in the attorney's opinion. The very last page of that plan document is the actual joint review board resolution that we would be requesting your approval of at this meeting here today. And with that, I would ask if there are any questions. If not, I would ask if there could be a motion approving the joint review board resolution approving the allocation amendment for TID 7 to TID 23. - Motion to approve. - Second. - A motion and a second. Are there any other questions on the TID 7 project plan? If not, all in favor, please say aye. - Aye [Group]. - Any opposed? Thank you, and that motion passes. Thank you very much. Similarly, with TID 23 also included in your packet, essentially the same situation, the plan has been included as well as the resolutions and the attorney's opinion on process. Are there any questions on the proposed allocation amendment for TID 23? This is essentially just being the recipient donor from TID 7, just to clarify. - Motion to approve. - Second. - Motion and a second. Are there any other questions on the amendment for TID 23? If not, all in favor, please respond by saying aye. - Aye [Group]. - Any opposed? Motion carries. Thank you very much, much appreciated. We hop back to our agenda here, get back to the top of the page here. Thank you. So just informational, these other remaining agendas, those were all previous actions that were essentially the affordable housing allocations for TID 7 and for TID 8 were included, closures, essentially, closing termination resolutions then for TID 7 and TID 8 were both included and then they now so a termination resolution for TID 9. So all of those were reviewed by the redevelopment authority and approved by the City Council, do not require specific action by this board but wanted to make sure you were aware of these. Were posted last time for information purposes and wanted to see if there were any questions on any of these items. All right, if not, next meeting and time, I'm guessing probably is going to be our annual meeting. I don't know if, Diana, is that usually in June maybe we do those? Is there a set time we do those? - Sometimes middle to late June because if I see statute, the goal is to have them done by July 1st is when the DOR annual report is due. - Perfect, so we'll obviously be searching. We'll set up a time specifically with, obviously, the joint review board members for a poll to make sure that there's a time that's convenient and works for everyone if that's acceptable to the board. - Perfect, thank you very much. And I think unless there are any other questions, I think that concludes the business we had on the agenda today. If there was no other questions, we'd ask for a motion for adjournment. - Move to adjourn. - Second. - Motion and a second, all in favor of adjournment, please respond by saying aye. - Aye [Group]. - Motion carries. Thank you very much, everybody, appreciate your time. - Thanks guys. - Thank you. Report to the Tax Incremental Districts Joint Review Board of the City of Green Bay MEETING DATE PREPARED BY June 23, 2021 Diana Ellenbecker, Finance Director AGENDA ITEM # E.1 Review the Tax Incremental Districts annual reports. BACKGROUND RECOMMENDATION FISCAL IMPACT ATTACHMENTS 1. JRB packet 6-23-21 100 North Jefferson Street, Green Bay, Wisconsin 54301-5026 greenbaywi.gov TID ANNUAL REPORT (PE-300) SUMMARIZED YEAR ENDED DECEMBER 31, 2020 Revenues Expenditures Debt Fund TIF Creation Mandatory Fund balance Tax Shared Developers Other/ Capital & Service & Developers balance as Future Future Surplus or Dist TYPE NAME date term date as of 1/1/20 Increment Interest Revenue guarantees Borrowing Land Interest grants Other of 12/31/20 project costs revenue deficit Washington 4 Blight Apartments 1/20/1998 1/20/2025 95,664 529,706 2,277 1,071 - - - 200,000 - 14,509 414,209 3,129,000 2,821,338 106,547 5 Blight Downtown 12/21/1999 12/21/2026 1,991,885 1,849,405 11,963 159,424 20,706 - - 1,306,905 56,557 1,815,506 854,415 11,782,004 13,014,685 2,087,096 7 Blight Lombardi/Ashland 1/15/2002 1/15/2029 1,299,863 765,506 9,987 1,780 - - - 25,617 13,580 922,514 1,115,425 1,126,583 3,468 (7,690) 8 Blight Berger/Morrow 8/20/2002 8/20/2029 1,981,540 304,759 11,215 20,410 - - - 166,736 - 1,569,395 581,793 618,145 30,254 (6,098) 9 Industrial University Heights 10/7/2003 10/7/2026 (1,540,076) 180,519 - 1,608 3,490 2,900,000 - 215,516 - 12,850 1,317,175 1,302,657 9,911 24,429 10 Blight Main/Mason 8/17/2004 8/17/2031 706,663 220,374 4,645 8,233 - - - - 21,026 19,575 899,314 3,848,026 3,058,347 109,635 12 Industrial I43 Industrial Park 9/6/2005 9/6/2025 2,504,748 2,102,259 23,932 424,464 - 5,000 2,010,207 292,032 200,000 572,937 1,985,227 6,625,974 5,989,312 1,348,565 13 Reh/Cons Downtown 9/6/2005 9/6/2032 (3,941,066) 2,398,633 - 523,895 - 17,552 - 1,428,870 485,437 109,416 (3,024,709) 34,609,418 38,506,971 872,844 N Broadway / 14 Blight Railyard 9/16/2006 9/16/2033 (3,238,395) 358,513 - 5,774 212,097 3,000,000 - 447,557 2,310,184 55,080 (2,474,832) 11,667,541 15,232,529 1,090,156 16 Blight Military Avenue 5/6/2007 5/6/2034 (84,898) 376,702 1,153 61,183 - - - 27,411 40,000 11,385 275,344 7,322,701 7,494,328 446,971 18 Reh/Cons University Avenue 10/6/2015 10/6/2043 (1,367,654) 362,740 - 11,324 - - - 5,615 180,816 19,762 (1,199,783) 13,355,959 17,582,893 3,027,151 19 Reh/Cons East Town Mall 9/19/2017 9/19/2044 90,906 207,573 1,203 - - - - - 109,436 15,773 174,473 6,819,075 7,343,451 698,849 20 Reh/Cons Whitney Park 9/25/2018 9/25/2045 (29,590) 6,869 - - - - - 115 - 13,412 (36,248) 4,543,027 5,263,311 684,036 Green Bay 21 Blight Packaging 9/25/2018 9/25/2045 (41,391) 36,119 - - - - - 46 - 25,691 (31,009) 44,469,483 46,281,992 1,781,500 22 Blight The Shipyard 9/25/2018 9/25/2045 (27,321) - 1,016 - - 3,716,976 908,877 13,642 - 170,698 2,597,454 34,782,200 36,477,469 4,292,723 23 Blight Legends District 9/17/2019 9/17/2046 (13,184) - - - - - - 60 - 12,310 (25,554) 7,944,738 9,241,037 1,270,745 Totals (1,612,306) 9,699,677 67,391 1,219,166 236,293 9,639,528 2,919,084 4,130,122 3,417,036 5,360,813 3,422,694 193,946,531 208,351,296 17,827,459 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 1 - Municipality and TID Co-muni code Municipality County Due date Report type 05231 GREEN BAY BROWN 07/01/2021 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 004 2 Washington Appartments 01/20/1998 01/20/2025 N/A Section 2 - Beginning Balance Amount TID fund balance at beginning of year $95,664 Section 3 - Revenue Amount Tax increment $529,706 Investment income $2,277 Debt proceeds Special assessments Shared revenue $1,071 Sale of property Allocation from another TID Developer guarantees Transfer from other funds Grants Other revenue Total Revenue (deposits) $533,054 Page 1 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 4 - Expenditures Amount Capital expenditures Administration $13,439 Professional services $920 Interest and fiscal charges DOR fees $150 Discount on long-term debt Debt issuance costs Principal on long-term debt $200,000 Environmental costs Real property assembly costs Allocation to another TID Developer grants Developer name N/A $0 Transfer to other funds Other expenditures Total Expenditures $214,509 Section 5 - Ending Balance Amount TID fund balance at end of year $414,209 Future costs $3,129,000 Future revenue $2,821,338 Surplus or deficit $106,547 Section 6 - Preparer/Contact Information Preparer name Preparer title Stephanie Schmutzer ACCOUNTANT Preparer email Preparer phone stephanie.schmutzer@greenbaywi.gov (920) 448-3409 Contact name Contact title DIANA ELLENBECKER FINANCE DIRECTOR Contact email Contact phone DIANA.ELLENBECKER@GREENBAYWI.GOV (920) 448-3025 Page 2 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 1 - Municipality and TID Co-muni code Municipality County Due date Report type 05231 GREEN BAY BROWN 07/01/2021 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 005 2 Downtown 12/21/1999 12/21/2026 N/A Section 2 - Beginning Balance Amount TID fund balance at beginning of year $1,991,885 Section 3 - Revenue Amount Tax increment $1,849,405 Investment income $11,963 Debt proceeds Special assessments Shared revenue $159,424 Sale of property Allocation from another TID Developer guarantees Developer name TOHO PLATTEN BUILDING $13,627 Developer name WASHINGTON ST INN $7,079 Transfer from other funds Grants Other revenue Total Revenue (deposits) $2,041,498 Page 1 of 3 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 4 - Expenditures Amount Capital expenditures Administration $72,610 Professional services $25,031 Interest and fiscal charges $300,285 DOR fees $150 Discount on long-term debt Debt issuance costs Principal on long-term debt $1,006,620 Environmental costs Real property assembly costs Allocation to another TID TID number 022 $1,712,376 Developer grants Developer name Smet rebate historical train station $5,000 Developer name Parking/Schillinger Properties/Northcoast $5,267 Developer name Bellin buidling parking PAYGO $14,105 Developer name TMJ Initiative One $10,000 Developer name Lorenzen Holdings $13,576 Developer name Historic Hibernia $8,609 Transfer to other funds Other expenditures Name UTILITIES $4,519 Name TAX ADJ $820 Total Expenditures $3,178,968 Section 5 - Ending Balance Amount TID fund balance at end of year $854,415 Future costs $11,782,004 Future revenue $13,014,685 Surplus or deficit $2,087,096 Page 2 of 3 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 6 - Preparer/Contact Information Preparer name Preparer title Stephanie Schmutzer ACCOUNTANT Preparer email Preparer phone stephanie.schmutzer@greenbaywi.gov (920) 448-3409 Contact name Contact title DIANA ELLENBECKER FINANCE DIRECTOR Contact email Contact phone DIANA.ELLENBECKER@GREENBAYWI.GOV (920) 448-3025 Page 3 of 3 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 1 - Municipality and TID Co-muni code Municipality County Due date Report type 05231 GREEN BAY BROWN 07/01/2021 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 007 2 Lombardi Ashland 01/15/2002 03/16/2021 N/A Section 2 - Beginning Balance Amount TID fund balance at beginning of year $1,299,863 Section 3 - Revenue Amount Tax increment $765,506 Investment income $9,987 Debt proceeds Special assessments Shared revenue $1,780 Sale of property Allocation from another TID Developer guarantees Transfer from other funds Grants Other revenue Total Revenue (deposits) $777,273 Page 1 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 4 - Expenditures Amount Capital expenditures Administration $14,874 Professional services $7,490 Interest and fiscal charges $6,381 DOR fees $150 Discount on long-term debt Debt issuance costs Principal on long-term debt $19,236 Environmental costs Real property assembly costs Allocation to another TID TID number 009 $900,000 Developer grants Developer name Shorewest PayGo $13,580 Transfer to other funds Other expenditures Total Expenditures $961,711 Section 5 - Ending Balance Amount TID fund balance at end of year $1,115,425 Future costs $1,126,583 Future revenue $3,468 Surplus or deficit $-7,690 Section 6 - Preparer/Contact Information Preparer name Preparer title Stephanie Schmutzer ACCOUNTANT Preparer email Preparer phone stephanie.schmutzer@greenbaywi.gov (920) 448-3409 Contact name Contact title DIANA ELLENBECKER FINANCE DIRECTOR Contact email Contact phone DIANA.ELLENBECKER@GREENBAYWI.GOV (920) 448-3025 Page 2 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 1 - Municipality and TID Co-muni code Municipality County Due date Report type 05231 GREEN BAY BROWN 07/01/2021 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 008 2 BERGER MORROW 08/20/2002 03/16/2021 N/A Section 2 - Beginning Balance Amount TID fund balance at beginning of year $1,981,540 Section 3 - Revenue Amount Tax increment $304,759 Investment income $11,215 Debt proceeds Special assessments Shared revenue $20,410 Sale of property Allocation from another TID Developer guarantees Transfer from other funds Grants Other revenue Total Revenue (deposits) $336,384 Page 1 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 4 - Expenditures Amount Capital expenditures Administration $8,440 Professional services $805 Interest and fiscal charges $16,736 DOR fees $150 Discount on long-term debt Debt issuance costs Principal on long-term debt $150,000 Environmental costs Real property assembly costs Allocation to another TID TID number 009 $1,500,000 Developer grants Developer name NA $0 Transfer to other funds Other expenditures Name allocation to TID 17 $60,000 Total Expenditures $1,736,131 Section 5 - Ending Balance Amount TID fund balance at end of year $581,793 Future costs $618,145 Future revenue $30,254 Surplus or deficit $-6,098 Section 6 - Preparer/Contact Information Preparer name Preparer title Stephanie Schmutzer ACCOUNTANT Preparer email Preparer phone stephanie.schmutzer@greenbaywi.gov (920) 448-3409 Contact name Contact title DIANA ELLENBECKER FINANCE DIRECTOR Contact email Contact phone DIANA.ELLENBECKER@GREENBAYWI.GOV (920) 448-3025 Page 2 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 1 - Municipality and TID Co-muni code Municipality County Due date Report type 05231 GREEN BAY BROWN 07/01/2021 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 009 4 University Heights 10/07/2003 10/07/2026 04/15/2021 Section 2 - Beginning Balance Amount TID fund balance at beginning of year $-1,540,076 Section 3 - Revenue Amount Tax increment $180,519 Investment income Debt proceeds Special assessments Shared revenue $1,608 Sale of property Allocation from another TID TID number 007 $900,000 TID number 008 $1,500,000 TID number 012 $500,000 Developer guarantees Developer name Madlgan $3,490 Transfer from other funds Grants Other revenue Total Revenue (deposits) $3,085,617 Page 1 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 4 - Expenditures Amount Capital expenditures Administration $11,960 Professional services $740 Interest and fiscal charges $39,635 DOR fees $150 Discount on long-term debt Debt issuance costs Principal on long-term debt $175,881 Environmental costs Real property assembly costs Allocation to another TID Developer grants Developer name NA $0 Transfer to other funds Other expenditures Total Expenditures $228,366 Section 5 - Ending Balance Amount TID fund balance at end of year $1,317,175 Future costs $1,302,657 Future revenue $9,911 Surplus or deficit $24,429 Section 6 - Preparer/Contact Information Preparer name Preparer title Stephanie Schmutzer ACCOUNTANT Preparer email Preparer phone stephanie.schmutzer@greenbaywi.gov (920) 448-3409 Contact name Contact title DIANA ELLENBECKER FINANCE DIRECTOR Contact email Contact phone DIANA.ELLENBECKER@GREENBAYWI.GOV (920) 448-3025 Page 2 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 1 - Municipality and TID Co-muni code Municipality County Due date Report type 05231 GREEN BAY BROWN 07/01/2021 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 010 2 MAIN MASON 08/17/2004 08/17/2031 N/A Section 2 - Beginning Balance Amount TID fund balance at beginning of year $706,663 Section 3 - Revenue Amount Tax increment $220,374 Investment income $4,645 Debt proceeds Special assessments Shared revenue $8,233 Sale of property Allocation from another TID Developer guarantees Transfer from other funds Grants Other revenue Total Revenue (deposits) $233,252 Page 1 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 4 - Expenditures Amount Capital expenditures Administration $18,665 Professional services $760 Interest and fiscal charges DOR fees $150 Discount on long-term debt Debt issuance costs Principal on long-term debt Environmental costs Real property assembly costs Allocation to another TID Developer grants Developer name GB Real Estate - 1901 M Street $21,026 Transfer to other funds Other expenditures Total Expenditures $40,601 Section 5 - Ending Balance Amount TID fund balance at end of year $899,314 Future costs $3,848,026 Future revenue $3,058,347 Surplus or deficit $109,635 Section 6 - Preparer/Contact Information Preparer name Preparer title Stephanie Schmutzer ACCOUNTANT Preparer email Preparer phone stephanie.schmutzer@greenbaywi.gov (920) 448-3409 Contact name Contact title DIANA ELLENBECKER FINANCE DIRECTOR Contact email Contact phone DIANA.ELLENBECKER@GREENBAYWI.GOV (920) 448-3025 Page 2 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 1 - Municipality and TID Co-muni code Municipality County Due date Report type 05231 GREEN BAY BROWN 07/01/2021 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 012 5 I43 Industrial Park 09/06/2005 09/06/2025 04/15/2023 Section 2 - Beginning Balance Amount TID fund balance at beginning of year $2,504,748 Section 3 - Revenue Amount Tax increment $2,102,259 Investment income $23,932 Debt proceeds Special assessments Shared revenue $424,464 Sale of property Allocation from another TID Developer guarantees Transfer from other funds Grants Other revenue Source Erie Road reclass $5,000 Total Revenue (deposits) $2,555,655 Page 1 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 4 - Expenditures Amount Capital expenditures $2,010,207 Administration $65,472 Professional services $7,315 Interest and fiscal charges $65,491 DOR fees $150 Discount on long-term debt Debt issuance costs Principal on long-term debt $226,541 Environmental costs Real property assembly costs Allocation to another TID TID number 009 $500,000 Developer grants Developer name Willow Creek Strategic Behavioral Health $200,000 Transfer to other funds Other expenditures Total Expenditures $3,075,176 Section 5 - Ending Balance Amount TID fund balance at end of year $1,985,227 Future costs $6,625,974 Future revenue $5,989,312 Surplus or deficit $1,348,565 Section 6 - Preparer/Contact Information Preparer name Preparer title Stephanie Schmutzer ACCOUNTANT Preparer email Preparer phone stephanie.schmutzer@greenbaywi.gov (920) 448-3409 Contact name Contact title DIANA ELLENBECKER FINANCE DIRECTOR Contact email Contact phone DIANA.ELLENBECKER@GREENBAYWI.GOV (920) 448-3025 Page 2 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 1 - Municipality and TID Co-muni code Municipality County Due date Report type 05231 GREEN BAY BROWN 07/01/2021 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 013 3 Downtown 09/06/2005 09/06/2032 N/A Section 2 - Beginning Balance Amount TID fund balance at beginning of year $-3,941,066 Section 3 - Revenue Amount Tax increment $2,398,633 Investment income Debt proceeds Special assessments Shared revenue $523,895 Sale of property Allocation from another TID Developer guarantees Transfer from other funds Grants Other revenue Source LOT RENT $17,552 Total Revenue (deposits) $2,940,080 Page 1 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 4 - Expenditures Amount Capital expenditures Administration $80,832 Professional services $1,865 Interest and fiscal charges $461,532 DOR fees $150 Discount on long-term debt Debt issuance costs Principal on long-term debt $967,338 Environmental costs Real property assembly costs Allocation to another TID Developer grants Developer name Schreiber Foods $280,010 Developer name Associated Bank $151,666 Developer name Foxconn $53,761 Transfer to other funds Other expenditures Name UTILITIES $6,679 Name TECHNICAL SERVICES $19,890 Total Expenditures $2,023,723 Section 5 - Ending Balance Amount TID fund balance at end of year $-3,024,709 Future costs $34,609,418 Future revenue $38,506,971 Surplus or deficit $872,844 Section 6 - Preparer/Contact Information Preparer name Preparer title Stephanie Schmutzer ACCOUNTANT Preparer email Preparer phone stephanie.schmutzer@greenbaywi.gov (920) 448-3409 Contact name Contact title DIANA ELLENBECKER FINANCE DIRECTOR Contact email Contact phone DIANA.ELLENBECKER@GREENBAYWI.GOV (920) 448-3025 Page 2 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 1 - Municipality and TID Co-muni code Municipality County Due date Report type 05231 GREEN BAY BROWN 07/01/2021 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 014 2 N Broadway Larsen Green 09/16/2006 09/16/2033 N/A Section 2 - Beginning Balance Amount TID fund balance at beginning of year $-3,238,395 Section 3 - Revenue Amount Tax increment $358,513 Investment income Debt proceeds $3,000,000 Special assessments Shared revenue $5,774 Sale of property Allocation from another TID Developer guarantees Developer name SMET $212,097 Transfer from other funds Grants Other revenue Total Revenue (deposits) $3,576,384 Page 1 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 4 - Expenditures Amount Capital expenditures $0 Administration $48,292 Professional services $6,638 Interest and fiscal charges $121,636 DOR fees $150 Discount on long-term debt Debt issuance costs $10,921 Principal on long-term debt $315,000 Environmental costs Real property assembly costs Allocation to another TID Developer grants Developer name DDL Project Grant $2,310,184 Transfer to other funds Other expenditures Total Expenditures $2,812,821 Section 5 - Ending Balance Amount TID fund balance at end of year $-2,474,832 Future costs $11,667,541 Future revenue $15,232,529 Surplus or deficit $1,090,156 Section 6 - Preparer/Contact Information Preparer name Preparer title Stephanie Schmutzer ACCOUNTANT Preparer email Preparer phone stephanie.schmutzer@greenbaywi.gov (920) 448-3409 Contact name Contact title DIANA ELLENBECKER FINANCE DIRECTOR Contact email Contact phone DIANA.ELLENBECKER@GREENBAYWI.GOV (920) 448-3025 Page 2 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 1 - Municipality and TID Co-muni code Municipality County Due date Report type 05231 GREEN BAY BROWN 07/01/2021 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 016 2 Military Avenue 05/06/2007 05/06/2034 N/A Section 2 - Beginning Balance Amount TID fund balance at beginning of year $-84,898 Section 3 - Revenue Amount Tax increment $376,702 Investment income $1,153 Debt proceeds Special assessments Shared revenue $61,183 Sale of property Allocation from another TID Developer guarantees Transfer from other funds Grants Other revenue Total Revenue (deposits) $439,038 Page 1 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 4 - Expenditures Amount Capital expenditures Administration $10,395 Professional services $840 Interest and fiscal charges $12,411 DOR fees $150 Discount on long-term debt Debt issuance costs Principal on long-term debt $15,000 Environmental costs Real property assembly costs Allocation to another TID Developer grants Developer name Burlington and Broadway Automotive $40,000 Transfer to other funds Other expenditures Total Expenditures $78,796 Section 5 - Ending Balance Amount TID fund balance at end of year $275,344 Future costs $7,322,701 Future revenue $7,494,328 Surplus or deficit $446,971 Section 6 - Preparer/Contact Information Preparer name Preparer title Stephanie Schmutzer ACCOUNTANT Preparer email Preparer phone stephanie.schmutzer@greenbaywi.gov (920) 448-3409 Contact name Contact title DIANA ELLENBECKER FINANCE DIRECTOR Contact email Contact phone DIANA.ELLENBECKER@GREENBAYWI.GOV (920) 448-3025 Page 2 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 1 - Municipality and TID Co-muni code Municipality County Due date Report type 05231 GREEN BAY BROWN 07/01/2021 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 018 3 University Avenue 10/06/2015 10/06/2043 N/A Section 2 - Beginning Balance Amount TID fund balance at beginning of year $-1,367,654 Section 3 - Revenue Amount Tax increment $362,740 Investment income Debt proceeds Special assessments Shared revenue $11,324 Sale of property Allocation from another TID Developer guarantees Transfer from other funds Grants Other revenue Total Revenue (deposits) $374,064 Page 1 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 4 - Expenditures Amount Capital expenditures Administration $18,777 Professional services $835 Interest and fiscal charges $5,615 DOR fees $150 Discount on long-term debt Debt issuance costs Principal on long-term debt Environmental costs Real property assembly costs Allocation to another TID Developer grants Developer name JBS project grant $0 Developer name Festival Foods paygo $180,816 Transfer to other funds Other expenditures Total Expenditures $206,193 Section 5 - Ending Balance Amount TID fund balance at end of year $-1,199,783 Future costs $13,355,959 Future revenue $17,582,893 Surplus or deficit $3,027,151 Section 6 - Preparer/Contact Information Preparer name Preparer title Stephanie Schmutzer ACCOUNTANT Preparer email Preparer phone stephanie.schmutzer@greenbaywi.gov (920) 448-3409 Contact name Contact title DIANA ELLENBECKER FINANCE DIRECTOR Contact email Contact phone DIANA.ELLENBECKER@GREENBAYWI.GOV (920) 448-3025 Page 2 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 1 - Municipality and TID Co-muni code Municipality County Due date Report type 05231 GREEN BAY BROWN 07/01/2021 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 019 3 East Town Mall 09/19/2017 09/19/2044 N/A Section 2 - Beginning Balance Amount TID fund balance at beginning of year $90,906 Section 3 - Revenue Amount Tax increment $207,573 Investment income $1,203 Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID Developer guarantees Transfer from other funds Grants Other revenue Total Revenue (deposits) $208,776 Page 1 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 4 - Expenditures Amount Capital expenditures Administration $14,868 Professional services $755 Interest and fiscal charges DOR fees $150 Discount on long-term debt Debt issuance costs Principal on long-term debt Environmental costs Real property assembly costs Allocation to another TID Developer grants Developer name Green Bay East LLC $109,436 Transfer to other funds Other expenditures Total Expenditures $125,209 Section 5 - Ending Balance Amount TID fund balance at end of year $174,473 Future costs $6,819,075 Future revenue $7,343,451 Surplus or deficit $698,849 Section 6 - Preparer/Contact Information Preparer name Preparer title Stephanie Schmutzer ACCOUNTANT Preparer email Preparer phone stephanie.schmutzer@greenbaywi.gov (920) 448-3409 Contact name Contact title DIANA ELLENBECKER FINANCE DIRECTOR Contact email Contact phone DIANA.ELLENBECKER@GREENBAYWI.GOV (920) 448-3025 Page 2 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 1 - Municipality and TID Co-muni code Municipality County Due date Report type 05231 GREEN BAY BROWN 07/01/2021 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 020 3 WHITNEY PARK 09/25/2018 09/25/2045 N/A Section 2 - Beginning Balance Amount TID fund balance at beginning of year $-29,590 Section 3 - Revenue Amount Tax increment $6,869 Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID Developer guarantees Transfer from other funds Grants Other revenue Total Revenue (deposits) $6,869 Page 1 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 4 - Expenditures Amount Capital expenditures Administration $12,612 Professional services $650 Interest and fiscal charges $115 DOR fees $150 Discount on long-term debt Debt issuance costs Principal on long-term debt Environmental costs Real property assembly costs Allocation to another TID Developer grants Developer name N/A $0 Transfer to other funds Other expenditures Total Expenditures $13,527 Section 5 - Ending Balance Amount TID fund balance at end of year $-36,248 Future costs $4,543,027 Future revenue $5,263,311 Surplus or deficit $684,036 Section 6 - Preparer/Contact Information Preparer name Preparer title Stephanie Schmutzer ACCOUNTANT Preparer email Preparer phone stephanie.schmutzer@greenbaywi.gov (920) 448-3409 Contact name Contact title DIANA ELLENBECKER FINANCE DIRECTOR Contact email Contact phone DIANA.ELLENBECKER@GREENBAYWI.GOV (920) 448-3025 Page 2 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 1 - Municipality and TID Co-muni code Municipality County Due date Report type 05231 GREEN BAY BROWN 07/01/2021 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 021 2 GREEN BAY PACKAGING 09/25/2018 09/25/2045 N/A Section 2 - Beginning Balance Amount TID fund balance at beginning of year $-41,391 Section 3 - Revenue Amount Tax increment $36,119 Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID Developer guarantees Transfer from other funds Grants Other revenue Total Revenue (deposits) $36,119 Page 1 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 4 - Expenditures Amount Capital expenditures Administration $24,871 Professional services $670 Interest and fiscal charges $46 DOR fees $150 Discount on long-term debt Debt issuance costs Principal on long-term debt Environmental costs Real property assembly costs Allocation to another TID Developer grants Developer name N/A $0 Transfer to other funds Other expenditures Total Expenditures $25,737 Section 5 - Ending Balance Amount TID fund balance at end of year $-31,009 Future costs $44,469,483 Future revenue $46,281,992 Surplus or deficit $1,781,500 Section 6 - Preparer/Contact Information Preparer name Preparer title Stephanie Schmutzer ACCOUNTANT Preparer email Preparer phone stephanie.schmutzer@greenbaywi.gov (920) 448-3409 Contact name Contact title DIANA ELLENBECKER FINANCE DIRECTOR Contact email Contact phone DIANA.ELLENBECKER@GREENBAYWI.GOV (920) 448-3025 Page 2 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 1 - Municipality and TID Co-muni code Municipality County Due date Report type 05231 GREEN BAY BROWN 07/01/2021 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 022 2 SHIPYAED 09/17/2019 09/17/2046 N/A Section 2 - Beginning Balance Amount TID fund balance at beginning of year $-27,321 Section 3 - Revenue Amount Tax increment $0 Investment income $1,016 Debt proceeds $2,000,000 Special assessments Shared revenue Sale of property Allocation from another TID TID number 005 $1,712,376 Developer guarantees Transfer from other funds Grants Other revenue Source RENTS $4,600 Total Revenue (deposits) $3,717,992 Page 1 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 4 - Expenditures Amount Capital expenditures $908,877 Administration $18,948 Professional services $9,241 Interest and fiscal charges $109 DOR fees $150 Discount on long-term debt Debt issuance costs $13,533 Principal on long-term debt Environmental costs Real property assembly costs Allocation to another TID Developer grants Developer name NONE $0 Transfer to other funds Other expenditures Name PURCHASE OF LAND $118,646 Name UTILITIES $23,713 Total Expenditures $1,093,217 Section 5 - Ending Balance Amount TID fund balance at end of year $2,597,454 Future costs $34,782,200 Future revenue $36,477,469 Surplus or deficit $4,292,723 Section 6 - Preparer/Contact Information Preparer name Preparer title Stephanie Schmutzer ACCOUNTANT Preparer email Preparer phone stephanie.schmutzer@greenbaywi.gov (920) 448-3409 Contact name Contact title DIANA ELLENBECKER FINANCE DIRECTOR Contact email Contact phone DIANA.ELLENBECKER@GREENBAYWI.GOV (920) 448-3025 Page 2 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 1 - Municipality and TID Co-muni code Municipality County Due date Report type 05231 GREEN BAY BROWN 07/01/2021 ORIGINAL TID number TID type TID name Creation date Mandatory termination date Expected termination date 023 2 LEDGENS DISTRICT 09/17/2019 09/17/2046 N/A Section 2 - Beginning Balance Amount TID fund balance at beginning of year $-13,184 Section 3 - Revenue Amount Tax increment $0 Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID Developer guarantees Transfer from other funds Grants Other revenue Total Revenue (deposits) $0 Page 1 of 2 Form PE-300 TID Annual Report 2020 WI Dept of Revenue Section 4 - Expenditures Amount Capital expenditures Administration $11,510 Professional services $650 Interest and fiscal charges $60 DOR fees $150 Discount on long-term debt Debt issuance costs Principal on long-term debt Environmental costs Real property assembly costs Allocation to another TID Developer grants Developer name NONE $0 Transfer to other funds Other expenditures Total Expenditures $12,370 Section 5 - Ending Balance Amount TID fund balance at end of year $-25,554 Future costs $7,944,738 Future revenue $9,241,037 Surplus or deficit $1,270,745 Section 6 - Preparer/Contact Information Preparer name Preparer title Stephanie Schmutzer ACCOUNTANT Preparer email Preparer phone stephanie.schmutzer@greenbaywi.gov (920) 448-3409 Contact name Contact title DIANA ELLENBECKER FINANCE DIRECTOR Contact email Contact phone DIANA.ELLENBECKER@GREENBAYWI.GOV (920) 448-3025 Page 2 of 2 Report to the Tax Incremental Districts Joint Review Board of the City of Green Bay MEETING DATE PREPARED BY June 23, 2021 Neil Stechschulte, Director AGENDA ITEM # E.2 Staff report on the performance and status of each district governed by the Board. BACKGROUND To be presented at meeting. RECOMMENDATION FISCAL IMPACT ATTACHMENTS None 100 North Jefferson Street, Green Bay, Wisconsin 54301-5026 greenbaywi.gov