City of Madison, Wisconsin | Legislative Information Center
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File #: 44743    Version: 1 Name: Badger Bowl Attachment
Type: Ordinance Status: Passed
File created: 10/11/2016 In control: PLAN COMMISSION
On agenda: 11/22/2016 Final action: 11/22/2016
Enactment date: 12/3/2016 Enactment #: ORD-16-00102
Title: Creating Section 15.01(601) of the Madison General Ordinances entitled "City Boundaries" and being part of the chapter entitled ”Aldermanic Districts and Wards" attaching to the 14th Aldermanic District the Carey and Slinde Enterprises, LLC (aka Badger Bowl) Attachment; creating Section 15.02(139) of the Madison General Ordinances to assign the attached property to Ward 139; amending Section 15.03(14) to add Ward 139 to Aldermanic District 14; and creating Section 28.022 - 00256 to zone the property CC (Commercial Center) District
Sponsors: Paul R. Soglin
Attachments: 1. Map, 2. Maps&Petition.pdf, 3. Staff Comments.pdf, 4. Register of Deeds copy
Fiscal Note
The proposed ordinance attaches the Carey and Slinde Enterprises LLC Attachment (aka Badger Bowl). Due to the revenue sharing provision in the executed agreement with the Town of Madison for the project, the Town is entitled to 50% of the City’s local share of property taxes on the combined Badger Bowl parcels, with the Town getting a minimum of its 2015 local share. The existing site (the Badger Bowl parking lot) generated $2,893.47 for the City in 2015. The Badger Bowl site in the Town that is the subject of the attachment petition generated $13,961.94 in 2015 for the Town. Not accounting for the higher mill rate in the City and assuming no change in assessed value, the City would be expected to pay the Town $13,961.94 in 2016 (the minimum), while retaining the full $2,893.47. Until the property develops, the City will have the same revenue off the parcels that it currently has. The City’s higher mill rate will likely generate a little surplus off of the Badger Bowl parcel than what it is paying the Town. Hence, the only real cost to the City from the attachment are the costs of City services incurred to serve the Badger Bowl parcel prior to redevelopment, less any additional revenue attributable to the City’s higher mill rate and/or a reassessment of the Badger Bowl parcel.
Title
Creating Section 15.01(601) of the Madison General Ordinances entitled "City Boundaries" and being part of the chapter entitled ”Aldermanic Districts and Wards" attaching to the 14th Aldermanic District the Carey and Slinde Enterprises, LLC (aka Badger Bowl) Attachment; creating Section 15.02(139) of the Madison General Ordinances to assign the attached property to Ward 139; amending Section 15.03(14) to add Ward 139 to Aldermanic District 14; and creating Section 28.022 - 00256 to zone the property CC (Commercial Center) District
Body
DRAFTER'S ANALYSIS: This ordinance attaches land pursuant to the Cooperative Plan entered into by the City, Town of Madison, and ...

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