Fiscal Note
The proposed resolution increases funding for the Oscar Meyer sub-area plan. The increased funding will be used to support consulting costs to conduct a strategic assessment of the area prior to beginning the land use and zoning process. The 2017 Adopted Capital Budget was amended at the Council phase to include $100,000 for a one-year planning process to develop recommendations to inform future land use decisions. If adopted, this resolution will increase the total available funding for the project to $150,000.
Title
Establishing the Oscar Mayer Strategic Assessment Committee and amending the 2017 Adopted Capital Budget to appropriate $50,000 in additional GO Borrowing for the project.
Body
Whereas, Oscar Mayer has been located on Madison’s north side for 97 years as a food production and headquarters facility employing 4,000 people at its peak and 1,000 people at the time its closing was announced November of 2015; and
Whereas, Oscar Mayer’s owner, Kraft Heinz, has announced plans to vacate the 72 acre site in the coming months and Kraft Heinz has indicated that an Offer to Purchase has been signed with the Reich Brothers Holdings, LLC; and
Whereas, the site is zoned for heavy industrial use and any uses on the site other than industrial uses will require a rezoning and additional actions by the Plan Commission and/or Madison Common Council; and
Whereas, the long history of the Oscar Mayer site as a major employment center; the existing utility, transportation, and data infrastructure; and potential for regional economic impact, make the subject site a major regional asset; and
Whereas, the closing of the Oscar Mayer plant creates both a challenge and an opportunity to significantly influence the economic health of both the City of Madison and the region; and
Whereas, planning for the Oscar Mayer property and adjacent areas should be conducted in an open and public manner; and
Whereas, the Planning Division is scheduled to work on a subarea...
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