Janesville TID No. 36 Project Plan 3rd Draft WORKING

Organizational Joint Review Board Meeting Held: Scheduled for April 28, 2016

Public Hearing Held: Scheduled for May 2, 2016

Approval by Plan Commission: Scheduled for May 2, 2016

Adoption by Common Council: Scheduled for May 23, 2016

Approval by the Joint Review Board: Scheduled for TBD

May 23, 2016

Project Plan for the Creation of Tax Incremental District No. 36

Draft

Tax Incremental District No. 36 Project Plan City of Janesville Officials Common Council

Douglas Marklein Council President

Carol Tidwell Council Vice President

Mark Bobzien Council Member

Kay Deupree Council Member

Jim Farrell Council Member

Rich Gruber Council Member

Sam Liebert Council Member

City Staff

Mark Freitag City Manager

Ryan McCue Deputy City Manager

Gale Price Economic Development Director

Dayna Sarver Economic Developer Coordinator

Wald Klimczyk City Attorney

Plan Commission

Edward Madere, Chair Douglas Marklein, Council President

Judy Adler Douglas Thorp

George Brunner Kathy Voskuil, Vice Chair

Sam Liebert, Council Member

Joint Review Board

Rich Gruber City Representative

Jason Heidenreich Rock County

Renea Ranguette Blackhawk Technical College District

Kevin Murray Janesville School District

Public Member

Table of Contents EXECUTIVE SUMMARY……………………………………………………………………………………………1

TYPE AND GENERAL DESCRIPTION OF DISTRICT………………………………………………………… 5

PRELIMINARY BOUNDARY OF PROPOSED DISTRICT BOUNDARY…………………………………… 6

MAP SHOWING EXISTING USES AND CONDITIONS……………………………………………………… 8

PRELIMINARY PARCEL LIST AND ANALYSIS……………………………………………………………… 10

EQUALIZED VALUE TEST………………………………………………………………………………………. 18

STATEMENT OF KIND, NUMBER AND LOCATION OF PROPOSED PUBLIC WORKS AND OTHER PROJECTS………………………………………………………………………………………………………… 19

MAP SHOWING PROPOSED IMPROVEMENTS AND USES…………………………………………….. 24

DETAILED LIST OF PROJECT COSTS………………………………………………………………………. 27

ECONOMIC FEASIBILITY STUDY, FINANCING METHODS, AND THE TIME WHEN COSTS OR MONETARY OBLIGATIONS RELATED ARE TO BE INCURRED………………………………………… 28

ANNEXED PROPERTY…………………………………………………………………………………………. 35

ESTIMATE OF PROPERTY TO BE DEVOTED TO RETAIL BUSINESS………………………………… 35

PROPOSED ZONING ORDINANCE CHANGES…………………………………………………………….. 35

PROPOSED CHANGES IN MASTER PLAN, MAP, BUILDING CODES AND CITY OF JANESVILLE ORDINANCES……………………………………………………………………………………………………. 35

RELOCATION……………………………………………………………………………………………………. 35

ORDERLY DEVELOPMENT OF THE CITY OF JANESVILLE……………………………………………. 36

LIST OF ESTIMATED NON-PROJECT COSTS……………………………………………………………… 36

OPINION OF ATTORNEY FOR THE CITY OF JANESVILLE ADVISING WHETHER THE PLAN IS COMPLETE AND COMPLIES WITH WISCONSIN STATUTES 66.1105………………………………… 37

EXHIBIT A: CALCULATION OF THE SHARE OF PROJECTED TAX INCREMENTS ESTIMATED TO BE PAID BY THE OWNERS OF PROPERTY IN THE OVERLYING TAXING JURISDICTIONS………….. 39

Draft

_____________________________________________________________________________________________ Project Plan TID No. 36 Creation City of Janesville Submitted by Ehlers March 29, 2016

SECTION 1: Executive Summary

Introduction1 In late 2013, the United States Environmental Protection Agency (USEPA) awarded the City a $200,000 Brownfields Area-Wide Planning grant to undertake an action-oriented redevelopment and implementation strategy for the “Rock Renaissance Area”. The resulting plan, the Rock Renaissance Area Redevelopment and Implementation Strategy (ARISE), is intended to position downtown Janesville as a vibrant neighborhood where commerce, culture, entertainment, and history intersect. The plan serves City Staff and the Council as a “playbook” for aligning and focusing resources in such a way as to draw a consistent and sustainable critical mass of people to the downtown, thereby encouraging diversity in downtown development, businesses, and activities and fostering private development. More specifically, the ARISE plan sets forth the following project goals, desired outcomes and guiding principles:

ARISE Project Goals 1. Make the downtown the heart of the community and a fun, vibrant and healthy place to live, work

and visit for a wide spectrum of the community. 2. Preserve the historical character and authenticity of the downtown. 3. Celebrate the Rock River as Janesville’s greatest asset. 4. Facilitate new investment and redevelopment with a market driven and action oriented strategy.

Desired Outcomes 1. The downtown and riverfront are the first places you go with friends and with visitors. 2. The community embraces the river. 3. Local and outside investment is being made in new businesses and housing. 4. The downtown and riverfront feel comfortable and safe.

Guiding Principles 1. Downtown needs clear management to flourish. 2. Establish a healthy place by putting people’s needs first. 3. Consolidate downtown’s history, architecture, land uses and riverfront to make a cohesive place. 4. Create great streets and programmable public spaces. 5. Design a 21st Century riverfront that is accessible and ecologically friendly. 6. Develop a variety of places and activities attractive to a wide range of users. 7. Mix uses and encourage high density development. 8. Create human scale, walkability and connectivity. 9. Share and manage parking. 10. Leverage public and private partnerships.

Creation of Tax Incremental District No. 36 (the “TID” or the “District”) is intended to facilitate achievement of the ARISE plan’s project goals and desired outcomes by providing the means to recover the costs of the public investment that will be need to be made in the downtown area.

1 Portions of this narrative are directly excerpted from The Rock Renaissance Area Redevelopment & Implementation Strategy: A Brownfields Areawide Plan dated February, 2015 and prepared by the SAA Design Group, Inc.

Page 1

Draft


Description of District Type of District, Size and Location The District comprises 164.55 acres in downtown Janesville. A preliminary map of the proposed District boundary can be found in Section 3 of this Project Plan (the “Plan”). Based on the condition of properties located within the District as well as the nature of the proposed Project Costs to be made the District will be created on the basis that at least 50% of the area is “in need of rehabilitation or conservation.” The preliminary parcel list included in Section 5 of this Plan identifies those parcels meeting those criteria. Collectively, these parcels represent 51.87% of the total TID area. Estimated Total Project Expenditures The Plan includes potential Project Cost expenditures of approximately $48.44 million consisting of $32.43 million in priority projects, and $16.01 million for contingent projects. Priority projects are those deemed most important to achievement of the Plan’s goals. Contingent projects are those for which the costs cannot be recovered via tax incremental financing (“TIF”) based on the levels of assumed redevelopment value included in the economic feasibility study contained in this Plan. Inclusion of the contingent projects in the Plan provides the City the latitude to undertake them at a later date if actual TID performance exceeds expectations. The $32.43 million in priority projects includes: $11.26 million for projected development incentives; $14.06 million for public infrastructure; and $7.12 million in projected long-term interest expense and other financing related costs. The Plan assumes that the City will undertake the majority of the public infrastructure projects in the 2017 through 2022 timeframe in order to demonstrate its commitment to the downtown area and to attract the necessary private investment needed for redevelopment of key sites identified in the ARISE plan. Because the rate of City investment in the District is likely to outpace the tax increments generated, a key element of the District’s implementation strategy is the concurrent approval of an amendment to the project plan of Tax Incremental District No. 33 that will allow it to transfer excess increment to the District. This transferred increment will be used to pay the debt service incurred by the City for the initial public infrastructure projects until such time as the District’s own available increment is sufficient to do so. It is important to note that this Plan does not constitute approval of any particular projects. Based on the 27 year maximum life of the District and corresponding 22 year expenditure period, it can be expected that economic conditions will change throughout the District’s life and will alter the projections contained in this Plan. Decisions to undertake specific Projects through the life of the District must be made in the context of the current financial position of the TID and forecasts updated to reflect the best information available at that time. While the City anticipates accepting an element of risk in funding the initial infrastructure investment in the District, subsequent expenditures should be made based on a reasonable expectation that the additional tax base created as a result of those expenditures will be sufficient to pay the costs. Economic Development As a result of the creation of this District, the City projects that additional land and improvements value of approximately $97.2 million will be created as a result of new development, redevelopment, and economic appreciation in the value of existing properties. This additional value will result from the Project Costs made within the District. A table detailing assumptions as to the timing of new development and redevelopment and associated values is located in Section 10 of this Plan. In addition to creation of new tax base, creation of the District is expected to result in other economic benefits as detailed in the Summary of Findings hereafter.

Page 2

Draft


Expected Termination of District Based on the Economic Feasibility Study located in Section 10 of this plan, this District would be expected to generate sufficient tax increments to recover all project costs by the year 2039; five years earlier than the 27 year maximum life of this District.

Summary of Findings As required by Wisconsin Statutes Section 66.1105, and as documented in this Plan and the exhibits contained and referenced herein, the following findings are made: 1. That “but for” the creation of this District, the development projected to occur as detailed in

this Project Plan: 1) would not occur; or 2) would not occur in the manner, at the values, or within the timeframe desired by the City. In making this determination, the City has considered the following information: The ARISE plan, which sets forth implementation steps and other activities that have been

deemed necessary in order to allow for successful redevelopment of the study area.

A lack of commercial interest in sites that the City has identified as potential redevelopment areas, indicating that these sites are not likely to be redeveloped under normal market conditions without additional public investment and participation.

The costs of public infrastructure improvements and other related expenditures that will required

to attract development including: property acquisition; demolition; relocation assistance; street and intersection improvements; improvement of public spaces; bridge construction; development incentive payments, and other associated costs. Without the use of TIF, it is unlikely that the City will be able to bear the cost of these improvements and expenditures.

2. The economic benefits of the Tax Incremental District, as measured by increased employment,

business and personal income, and property value, are sufficient to compensate for the cost of the improvements. In making this determination, the City has considered the following information: As demonstrated in the Economic Feasibility Section of this Project Plan, the tax increments

projected to be collected are more than sufficient to pay for the proposed project costs. On this basis alone, the finding is supported.

While not quantified, creation of the District and the resultant anticipated redevelopment is expected to: increase commerce within the downtown; broaden the number and type of retail products and services available; provide for additional housing opportunities; increase employment opportunities; and provide amenities such as public open spaces and riverwalks that will enhance the quality of life and recreational opportunities for residents and workers within the District and the community at large.

3. The benefits of the proposal outweigh the anticipated tax increments to be paid by the owners

of property in the overlying taxing jurisdictions. If approved, the District’s creation would become effective for valuation purposes as of January

1, 2016. As of this date, the values of all existing development would be frozen and the property taxes collected on this base value would continue to be distributed amongst the various taxing entities as they currently are now. Taxes levied on any additional value established within the

Page 3

Draft


District due to new construction, renovation or appreciation of property values occurring after January 1, 2016 would be collected by the TID and used to repay the costs of TIF-eligible projects undertaken within the District.

Since the development expected to occur is unlikely to take place or in the same manner without

the use of TIF (see Finding #1) and since the District will generate economic benefits that are more than sufficient to compensate for the cost of the improvements (see Finding #2), the City reasonably concludes that the overall benefits of the District outweigh the anticipated tax increments to be paid by the owners of property in the overlying taxing jurisdictions. It is further concluded that since the “but for” test is satisfied there would in fact be no foregone tax increments to be paid in the event the District is not created. As required by Wisconsin Statutes Section 66.1105(4)(i)4., a calculation of the share of projected tax increments estimated to be paid by the owners of property in the overlying taxing jurisdictions has been made and can be found in Appendix A of this plan.

4. Not less than 50% by area of the real property within the District is in need of conservation or

rehabilitation within the meaning of Wisconsin Statutes Section 66.1337(2m)(a). 5. Based upon the findings, as stated above, the District is declared to be a district in need of

rehabilitation or conservation based on the identification and classification of the property included within the District.

6. The project costs relate directly to promoting the rehabilitation and conservation of the area consistent

with the purpose for which the District is created. 7. The improvement of such area is likely to enhance significantly the value of substantially all of the

other real property in the District. 8. The equalized value of taxable property of the District, plus the value increment of all existing tax

incremental districts within the City, does not exceed 12% of the total equalized value of taxable property within the City.

9. The City estimates that less than 35% of the territory within the District will be devoted to retail

business at the end of the District’s maximum expenditure period, pursuant to Wisconsin Statutes Sections 66.1105(5)(b) and 66.1105(6)(am)1.

10. The Project Plan for the District is feasible, and is in conformity with the master plan of the City.

Page 4

Draft


SECTION 2: Type and General Description of District

The District, comprising 164.55 acres in downtown Janesville, is being created by the City under the authority provided by Wisconsin Statutes Section 66.1105 and will be classified as a district “in need of rehabilitation or conservation” based on a finding that at least 50%, by area, of the real property within the District meets that condition as defined in Wisconsin Statutes Section 66.1337(2m)(a). The preliminary parcel list included in Section 5 to this Plan identifies those parcels meeting those criteria. Collectively, these parcels represent 51.87% of the total TID area. Creation of the District is intended to facilitate achievement of the ARISE plan’s project goals and desired outcomes by providing the means to recover the costs of the public investment that will be need to be made in the downtown area. Those goals and desired outcomes are identified in the Executive Summary section of this Plan. A preliminary map of the proposed District boundary can be found in Section 3 of this Plan.

Page 5

Draft


SECTION 3: Preliminary Map of Proposed District Boundary

Please see map on following page.

Page 6

Draft

Text

17

23

27

28

33

5239

4347

373836

3435

236237

238

148

9141

688

414

146

405

4253

46

6389

443

443

444

413

14514

0

149

141

110

142

147

445

6211

114

361

33323130

2850

141312

51

24

232221

9865

74321

428

239

209

235

240

241

24324

224

4245

246

247

206

248

205

204

203

249

233

202

250

201

251

200

232

256

199

255254

252

231

253

230

197

257

196

28828

719

525

8

289

194

279

193

294

280

261

278

192

286

229

259

28127

719

126

227

628

219

028

528

330

430

130

226

027

421

930

530

318

942

630

022

028

418

729

930

618

629

536

829

827

329

622

318

827

236

918

526

922

2

370

427

271

297

371

224

308

372

366

367

270

365

355

364

363

309

362 36

142

936

018

322

537

335

937

431

0

173

430

376

358

349

377

424

348

182

378

356

357

379

172

347

432

175

380

346

375

174

312

345

176

381

344

431

181

383

177

180

311

337

433

227

343

382

434

342

226

341

171

323

340

178

435

389

170

339

324

169

336

179

338

388

168

386

335

423

167

393

334

394

333

387

395

390

332

425436

331

330

322

329

391

166

328

437

327

397

165

401

164

398

321

163

438

320

399

319318

392

155

317

422

400

162

156

419

161

157 1

5443

9

420

153

159

152

418

403

421

402

158

151

441

404

440

417

7069

150

7141

568

6766

6573

442

6487

406

109

407

6014

444

613

9

411

108

410

138

447

448

408

9511

2

107

120

113

137

453

5845

411

910

696

114

121

118

136

105

115

409

452

116

449

104

122

117

134

123

102

450

135

9845

5

57

133

124

456

103

97

125

101

132

457

126

458

131

451

100

9913

012

7128

55

5412

945

4140

459

48

4449

2927

25

20

10

19

16

160

354

275

412

56

18

26

26

17

1717

207

234

210

211

212

213 214

215

208

218

216

217

221

184

74

228

72

313

315

314

316

92

90

396

325326

307

75-86

93-94

198

291

290

384-3

85

350-3

53

11 15

59

292-2

93

263

264

265

266

26726

8W

Court

St

N Academy St

Railroad StN Fran

klin St

Harding St

Sutherland Ave

Thomas St

Rock

port R

d

Cornelia St

Caroline St

Mine

ral Po

int Av

e

Prairie Ave

N High St

Prospe

ct Ave

Glen

St

Ravine S

t

Park Ave

St. Law

rence

AveE Cour

t St

E Van B

uren S

t

Lincoln St

Laure

l Ave

W Wa

ll St

Glen St

Rock St

Race St

John

son S

t

E Milw

aukee

St

Sinclair St

Rock

port R

d

Walke

r St

W Wa

ll St

Hyatt

St

E Mem

orial

Dr

E Cen

terwa

y

S High St

Wilson A

ve

N High St

N Atwood Ave

Oakland

Ave

S Main St

S River St

Linn St

N Parker Dr

S Water St

S Wisconsin St

N Main St

E Holmes

St

S Franklin St

W Ra

cine S

t

Division St

S Atwood Ave

Cherry St

Center Ave

E Wall

St

Pease C

t

W Va

n Bure

n St S Academy St

S Jackson St

S Locust St

Hyatt

St

McKin

ley St

W Van B

uren S

t

Union S

t

Jackman St

Dodg

e St W Co

urt StW Mi

lwauke

e St

W Wall

St

Chestnut St

W Ra

cine S

t

Centerway

Wilso

n Ave

W Ho

lmes

St

N Parker Dr

Kerwin

Matthew

s Ct

Hyatt

St

Yuba St

Eisenhower Ave

Parker Pl

S Parker Dr

N Parker Dr

CenterAve

S Parker Dr

S Atwood Ave

Milton Ave

Madison St

Avon St

Williams St

E Cen

terwa

y

N River St

Williams St

Eisenhower Ave

Harding St

S Washington St

N Jackso

n St

W Me

moria

l Dr

E Raci

ne St

S River St

Traxle

rPa

rk Dr

N Washington St

Milton Ave

Medal ofHonor Cir

040

080

01,2

001,6

0020

0Fe

et

±Do

wntow

n Jan

esvil

le TIF

Date:

11-2

0-201

5 G

. Grub

e, Pla

nning

Servi

cesS:\

Projec

ts\Eco

nomi

c_Dev

elopm

ent\T

IF Ma

ps\

Down

town T

IF.mx

d

Wisco

nsin'

s Par

k Plac

e

Econo

mic D

evelo

pmen

tEco

nomi

c Dev

elopm

ent

City o

f Jan

esvil

leCit

y of J

anes

ville

TIF 17

TIF 23

TIF 27

TIF 28

TIF 33

Down

town T

IF Bo

unda

ryDo

wntow

n TID

Parce

ls

Page 7

Draft


SECTION 4: Map Showing Existing Uses and Conditions

Please see map on following page.

Page 8

Draft

050

01,0

001,5

002,0

0025

0Fe

et±

Down

town J

anes

ville

TIFDa

te: 3

-11-20

16

D. Sa

rver, E

cono

mic D

evelo

pmen

t

Curre

nt Do

wntow

n Lan

d Use

Use U

nkno

wnTa

x Exe

mpt o

r Part

Exe

mpt

Park

Land

sCo

mmerc

ial or

Mixe

d Use

Vaca

nt Sit

ePa

rking

Stru

cture

or Lo

t Re

siden

tial, S

F and

MF

Resta

urant

or Mi

xed U

se

Wareh

ouse

or G

arage

Railro

adMa

nufac

turing

Main

Area

Down

town T

ID P

arcels

Down

townR

ehab

Parce

ls

Wisco

nsin'

s Park

Plac

eCI

TY O

F JAN

ESVI

LLE

S:\Pr

ojects

\Eco

nomi

c_De

velop

ment\

TIF M

aps\T

ID 36

\Curr

ent D

ownto

wn La

nd U

se.m

xd

Page 9

Draft


SECTION 5: Preliminary Parcel List and Analysis

Please see Preliminary Parcel List beginning on the next page.

Page 10

Draft

City of Janesville, WisconsinTax Increment District # 36

Base Property Information

Map

Ref #

Parcel

NumberStreet Address Owner Acreage

Existing

TIDLand Imp Misc. PP Total

Equalized

Value Ratio2Land Imp Misc. PP Total

Wis. Stat. §

66.1337

(2m)(a)1.

Wis. Stat. §

66.1337

(2m)(a)2.

Wis. Stat. §

66.1337

(2m)(a)3.

Wis. Stat. §

66.1337

(2m)(a)4.

AcresVacant

Acres

Note 1 Note 2 Note 3 Note 4 Note 5 Note 6 Note 7 Note 8

1 125400215 728 Railroad St Delton C Bickle 0.50 25,500 189,700 ‐ ‐ 215,200 99.14% 25,721 191,346 ‐ ‐ 217,067 0.00

2 125400214 718 Railroad St DB Commercial Properties LLC 0.17 10,800 49,900 2,000 ‐ 62,700 99.14% 10,894 50,333 2,017 ‐ 61,227 0.00

3 125400213 714 Railroad St Howswork LLC 0.17 8,600 ‐ ‐ ‐ 8,600 99.14% 8,675 ‐ ‐ ‐ 8,675 0.17

4 125400212 708 Railroad St Rock Aqua Jays 0.33 15,300 23,300 ‐ ‐ 38,600 99.14% 15,433 23,502 ‐ ‐ 38,935 0.00

5 125400208 631 Harding St Mercy Hospital of Janesville Wisconsin Inc, Accounts Payab 0.83 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X X X 0.83 0.00 X Potential Redvelopment Site9

6 125400209 619 Harding St Catherine M Groetken 0.17 19,400 46,400 ‐ ‐ 65,800 99.14% 19,568 46,803 ‐ ‐ 66,371 X X X 0.17 0.00 Potential Redvelopment Site9

7 125400207 251 Hyatt St Hendricks Commercial Properties LLC 2.32 70,800 95,600 3,800 ‐ 170,200 99.14% 71,414 96,429 3,833 ‐ 167,843 X X X 2.32 0.00 Potential Redvelopment Site9

8 125400210 609 Harding St Constance C Cenite 0.17 19,400 26,400 1,200 ‐ 47,000 99.14% 19,568 26,629 1,210 ‐ 46,197 X X X 0.17 0.00 Potential Redvelopment Site9

9 125400211 603 Harding St Duane Howard Tracy Jr, Deborah Kay Tracy 0.17 19,400 31,500 ‐ ‐ 50,900 99.14% 19,568 31,773 ‐ ‐ 51,342 X X X 0.17 0.00 Potential Redvelopment Site9

10 125400451 520 N Parker Dr Hendricks Commercial Properties LLC 3.51 195,700 335,700 7,800 417,160 956,360 99.14% 197,398 338,612 7,868 420,779 956,788 0.00

11 125400206 523 Harding St David M & Jennifer L Hein 0.07 7,700 46,200 ‐ ‐ 53,900 99.14% 7,767 46,601 ‐ ‐ 54,368 0.00

12 125400455 511 Harding St Paul H Wiese 0.10 11,800 54,200 1,000 ‐ 67,000 99.14% 11,902 54,670 1,009 ‐ 66,573 0.00

13 125400454 221 Glen St Darrell L Norder, Diane S Norder 0.10 13,100 23,100 2,700 1,120 40,020 99.14% 13,214 23,300 2,723 1,130 37,644 0.00

14 125400453 215 Glen St Constance Lange 0.10 11,800 54,200 900 ‐ 66,900 99.14% 11,902 54,670 908 ‐ 66,573 0.00

15 125400452 211 Glen St John Zigler 0.08 10,900 5,100 3,300 8,020 27,320 99.14% 10,995 5,144 3,329 8,090 24,228 0.08

16 125400472 500 N Parker Dr Plahns Outdoor Shops Ltd 0.42 58,600 139,600 ‐ 5,570 203,770 99.14% 59,108 140,811 ‐ 5,618 205,538 0.00

17 125400471 E Memorial Dr. Union Pacific Railroad 3.07 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

18 125400503 544 N Parker Dr City of Janesville 2.29 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

19 125400502 650 N Parker Dr David F Williams 9.19 128,000 ‐ ‐ ‐ 128,000 99.14% 129,110 ‐ ‐ ‐ 129,110 X X X 9.19 9.19 Potential Redvelopment Site9

20 125400525 541 N Parker Dr Wisconsin Power & Light Co 0.89 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 0.89 0.00 X Main Street Realignment

21 125400456 615 N Parker Dr Hendricks Commercial Properties LLC 1.39 96,700 477,900 ‐ 19,540 594,140 99.14% 97,539 482,046 ‐ 19,710 599,294 X X 1.39 0.00 Traxler Park Expansion

22 125400457 626 N Main St Fastenal Company 0.23 17,900 128,800 ‐ 124,390 271,090 99.14% 18,055 129,917 ‐ 125,469 273,442 X X 0.23 0.00 Traxler Park Expansion

23 125400458 620 N Main St Gerald W Sullivan 0.23 21,500 52,900 ‐ 3,240 77,640 99.14% 21,687 53,359 ‐ 3,268 78,313 X X 0.23 0.00 Traxler Park Expansion

24 125400459 608 N Main St Bouziane Enterprises 0.92 70,000 205,900 ‐ 21,560 297,460 99.14% 70,607 207,686 ‐ 21,747 300,040 X X 0.92 0.00 Traxler Park Expansion

25 125400447 526 N Main St WI Power & Light Co, Real Estate Department 1.58 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 1.58 0.00 X Main Street Realignment

26 125400470 521 N Parker Dr. WI Department of Transportation 1.12 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

27 125400450 507 N Parker Dr Hendricks Commercial Properties LLC 0.12 8,400 ‐ ‐ ‐ 8,400 99.14% 8,473 ‐ ‐ ‐ 8,473 X X 0.12 0.12 Future Kayak Launch Park

28 125400449 125 Glen St Joseph Volk 0.10 6,500 39,000 ‐ ‐ 45,500 99.14% 6,556 39,338 ‐ ‐ 45,895 X X 0.10 0.00 Future Kayak Launch Park

29 125400448 1 Glen St Joseph Volk 0.04 3,100 ‐ ‐ ‐ 3,100 99.14% 3,127 ‐ ‐ ‐ 3,127 X X 0.04 0.04 Future Kayak Launch Park

30 125400438 455 N Parker Dr Joseph C Volk 0.20 22,300 71,900 2,600 ‐ 96,800 99.14% 22,493 72,524 2,623 ‐ 95,017 X X 0.20 0.00 Future Kayak Launch Park

31 125400437 449 N Parker Dr Rick Donahue 0.11 11,700 40,000 ‐ ‐ 51,700 99.14% 11,801 40,347 ‐ ‐ 52,148 X X 0.11 0.00 Future Kayak Launch Park

32 125400436 445 N Parker Dr Maurice Adams, Stephen Adams 0.09 9,800 15,900 ‐ ‐ 25,700 99.14% 9,885 16,038 ‐ ‐ 25,923 X X 0.09 0.00 Future Kayak Launch Park

33 125400435 443 N Parker Dr Gerhard A Messer 0.40 44,600 30,400 4,700 10,270 89,970 99.14% 44,987 30,664 4,741 10,359 86,010 X X 0.40 0.40 Future Kayak Launch Park

34 125400433 456 Avon St Gerhard A Messer 0.04 2,500 16,400 800 ‐ 19,700 99.14% 2,522 16,542 807 ‐ 19,064 X X 0.04 0.00 Future Kayak Launch Park

35 125400432 429 N Parker Dr John A Briggs Sr 0.31 42,800 98,300 ‐ 3,260 144,360 99.14% 43,171 99,153 ‐ 3,288 145,612 X X 0.31 0.00 Future Kayak Launch Park

36 125400431 421 N Parker Dr John A Briggs Sr 0.17 24,400 22,900 ‐ 340 47,640 99.14% 24,612 23,099 ‐ 343 48,053 X X X 0.17 0.17 Future Mixed Use Development/Realigned Main St.

37 136100291 112 Avon St John A Briggs 0.07 7,800 39,800 900 ‐ 48,500 99.14% 7,868 40,145 908 ‐ 48,013 X X X 0.07 0.00 Future Mixed Use Development/Realigned Main St.

38 136100290 413 N Parker Dr John A Briggs Sr 0.23 26,000 55,800 ‐ ‐ 81,800 99.14% 26,226 56,284 ‐ ‐ 82,510 X X 0.23 0.00 Future Mixed Use Development

39 136100289 411 N Parker Dr MTP Incorporated d/b/a Papa Johns Pizza 0.21 36,700 26,500 ‐ 980 64,180 99.14% 37,018 26,730 ‐ 989 64,737 X X 0.21 0.21 Future Mixed Use Development

40 136100288 401 N Parker Dr Thomas V Lasse 0.20 30,500 57,500 ‐ 20,500 108,500 99.14% 30,765 57,999 ‐ 20,678 109,441 X X 0.20 0.00 Future Mixed Use Development

41 136100294 107 E Centerway Richard D Donahue Revoc Trust Mary M Donahue Revoc Tr 0.40 44,600 16,300 2,200 ‐ 63,100 99.14% 44,987 16,441 2,219 ‐ 61,428 X X 0.40 0.40 Future Mixed Use Development

42 136100293 414 N Main St Richard D Donahue Mary M Donahue 0.20 19,700 30,600 800 ‐ 51,100 99.14% 19,871 30,865 807 ‐ 50,736 X X 0.20 0.00 Future Mixed Use Development

43 136100292 424 N Main St John A Briggs 0.19 21,900 54,800 3,900 ‐ 80,600 99.14% 22,090 55,275 3,934 ‐ 77,365 X X X 0.19 0.00 Future Mixed Use Development/Realigned Main St.

44 125400439 111 Avon St RVT Properties LLC, c/o Barb Leonard 1.01 49,900 183,000 ‐ ‐ 232,900 99.14% 50,333 184,587 ‐ ‐ 234,920 X X 1.01 0.00 Future Kayak Launch Park

45 136100297 411 N Main St City of Janesville 0.72 125,100 127,100 16,900 ‐ 269,100 99.14% 126,185 128,203 17,047 ‐ 254,388 X 0.72 0.00 X Future Kayak Launch Park

46 136100296 451 N Main St City of Janesville 0.15 10,600 ‐ ‐ ‐ 10,600 99.14% 10,692 ‐ ‐ ‐ 10,692 X 0.15 0.00 X Future Kayak Launch Park



49 125400443 475 N Main St Earl K Schultz 0.91 55,400 80,100 10,500 23,520 169,520 99.14% 55,881 80,795 10,591 23,724 160,399 X X 0.91 0.00 Traxler Park Expansion

50 125400445 533 N Main St Hendricks Commercial Properties LLC 1.27 38,900 125,500 14,300 ‐ 178,700 99.14% 39,237 126,589 14,424 ‐ 165,826 X X 1.27 0.00 Traxler Park Expansion

51 125400446 545 N Main St Marc A Blanc 0.75 45,800 65,700 ‐ ‐ 111,500 99.14% 46,197 66,270 ‐ ‐ 112,467 X X 0.75 0.00 Traxler Park Expansion

52 136100253 214 E Centerway Allan R Newell Christi J Newell 0.09 9,800 61,800 1,200 ‐ 72,800 99.14% 9,885 62,336 1,210 ‐ 72,221 0.00

53 136100252 320 N Parker Dr Jimmy J Becker Kathleen A Becker 0.19 29,000 22,600 4,700 ‐ 56,300 99.14% 29,252 22,796 4,741 ‐ 52,048 0.19

54 136100284 315 N Parker Dr Walker Property Management LLC 0.20 40,800 101,200 ‐ 6,860 148,860 99.14% 41,154 102,078 ‐ 6,920 150,151 X 0.20 0.00 Adaptive Reuse

55 136100286 112 E Centerway Schlueter Co 1.01 194,100 208,000 ‐ ‐ 402,100 99.14% 195,784 209,804 ‐ ‐ 405,588 X 1.01 0.00 Adaptive Reuse

56 136100298 301 N Main St Schlueter Co N Main St Warehouse 0.66 128,100 38,000 ‐ ‐ 166,100 99.14% 129,211 38,330 ‐ ‐ 167,541 X X 0.66 0.66 White Water Park With Shelter

57 136100514 225 N Main St City of Janesville Park 0.54 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 0.54 0.00 X White Water Park With Shelter

58 136100299 213 N Main St United Way Of N Rock County 0.22 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X X 0.22 0.00 X White Water Park With Shelter

59 136100300 205 N Main St United Way Of N Rock County 0.32 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X X 0.32 0.00 X White Water Park With Shelter

60 136100304 119 N Main St Bodacious North LLC 0.17 52,200 171,100 ‐ ‐ 223,300 99.14% 52,653 172,584 ‐ ‐ 225,237 X 0.17 0.00 Potential Private Improvements of Existing Building

61 136100305 117 N Main St Bodacious North LLC 0.06 17,400 115,700 ‐ 14,860 147,960 99.14% 17,551 116,704 ‐ 14,989 149,243 X 0.06 0.00 Potential Private Improvements of Existing Building

62 136100306 111 N Main St AEON LLC 0.34 104,800 316,700 ‐ 172,890 594,390 99.14% 105,709 319,447 ‐ 174,390 599,546 X X 0.34 0.00 Future Mixed Use Development

63 136100515 113 N Main St City of Janesville Rivers Edge Park 0.30 TID 23 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 0.30 0.00 X Riverwalk Improvements

64 136100311 23 N Main St ACT Properties LLC 0.08 TID 23 20,200 213,300 ‐ 10,770 244,270 99.14% 20,375 215,150 ‐ 10,863 246,389 X 0.08 0.00 Potential Private Improvements of Existing Building

65 136100313 21 N Main St Randall L Kalish 0.07 TID 23 17,300 75,800 ‐ 4,350 97,450 99.14% 17,450 76,458 ‐ 4,388 98,295 X 0.07 0.00 Potential Private Improvements of Existing Building

66 136100314 19 N Main St Arak Properties LLC 0.04 TID 23 9,400 22,500 ‐ ‐ 31,900 99.14% 9,482 22,695 ‐ ‐ 32,177 X 0.04 0.00 Potential Private Improvements of Existing Building

67 136100315 17 N Main St Dave K Dykeman Pam J Dykeman 0.04 TID 23 8,700 19,900 ‐ ‐ 28,600 99.14% 8,775 20,073 ‐ ‐ 28,848 X 0.04 0.00 Potential Private Improvements of Existing Building

68 136100316 15 N Main St OLeary Revocable Trust Harry C & Connie OLeary 0.06 TID 23 13,900 95,600 ‐ 1,100 110,600 99.14% 14,021 96,429 ‐ 1,110 111,559 X 0.06 0.00 Potential Private Improvements of Existing Building

69 136100317 13 N Main St Bruce E Monson 0.07 TID 23 17,700 51,100 ‐ ‐ 68,800 99.14% 17,854 51,543 ‐ ‐ 69,397 X 0.07 0.00 Potential Private Improvements of Existing Building

70 136100318 11 N Main St MM Magoo LLC 0.06 TID 23 13,900 94,700 ‐ 9,520 118,120 99.14% 14,021 95,521 ‐ 9,603 119,145 X 0.06 0.00 Potential Private Improvements of Existing Building

Property Information

In Need of Rehabilitation or Conservation

District Classification

Supporting Comments

Assessment Information Equalized Value

3/29/2016 Page 11

Draft



Map

Ref #

Parcel


Existing


Equalized


Wis. Stat. §

66.1337

(2m)(a)1.

Wis. Stat. §

66.1337

(2m)(a)2.

Wis. Stat. §

66.1337

(2m)(a)3.

Wis. Stat. §

66.1337

(2m)(a)4.

AcresVacant

Acres





Supporting Comments


71 136100516 115 N Main St City of Janesville Rock River Walkway 0.04 TID 23 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 0.04 0.00 X Riverwalk Improvements

72 136100325 1 E Milwaukee St Brennan Steil SC 0.29 TID 23 81,100 518,900 ‐ 96,120 696,120 99.14% 81,804 523,401 ‐ 96,954 702,159 X 0.29 0.00 Potential Private Improvements of Existing Building

73 136100277 101 E Milwaukee St 101 Milwaukee Street LLC 0.25 TID 23 59,900 2,248,600 ‐ 73,690 2,382,190 99.14% 60,420 2,268,106 ‐ 74,329 2,402,855 X 0.25 0.00 West Milwaukee Street Improvements

74 136200346 109 E Milwaukee St LSH Inc 0.10 TID 23 31,100 114,200 ‐ 8,160 153,460 99.14% 31,370 115,191 ‐ 8,231 154,791 X 0.10 0.00 West Milwaukee Street Improvements

75 136200011 117 E Milwaukee St Unit 1 Kimball Properties 117 LLC 0.01 TID 23 6,000 58,100 ‐ 520 64,620 99.14% 6,052 58,604 ‐ 525 65,181 X 0.01 0.00 West Milwaukee Street Improvements

76 136200012 117 E Milwaukee St Unit 2 Kimball Properties 117 LLC 0.01 TID 23 6,000 55,100 ‐ ‐ 61,100 99.14% 6,052 55,578 ‐ ‐ 61,630 X 0.01 0.00 West Milwaukee Street Improvements





81 136200017 117 E Milwaukee St Unit 7 Jeffrey A Bealles 0.01 TID 23 6,000 82,600 ‐ ‐ 88,600 99.14% 6,052 83,317 ‐ ‐ 89,369 X 0.01 0.00 West Milwaukee Street Improvements



84 136200020 117 E Milwaukee St Unit 10 Bryant A Schaefer 0.01 TID 23 6,000 82,600 ‐ ‐ 88,600 99.14% 6,052 83,317 ‐ ‐ 89,369 X 0.01 0.00 West Milwaukee Street Improvements



87 136200342 119 E Milwaukee St Mario G Galassini Kristine S Galassini 0.03 TID 23 9,700 45,500 ‐ 74,010 129,210 99.14% 9,784 45,895 ‐ 74,652 130,331 X 0.03 0.00 West Milwaukee Street Improvements

88 136200343 121 E Milwaukee St Farrokh Shahlapour Jaleh Dabiri Shahlapour 0.06 TID 23 18,400 106,300 ‐ ‐ 124,700 99.14% 18,560 107,222 ‐ ‐ 125,782 X 0.06 0.00 West Milwaukee Street Improvements

89 136200344 9 N Parker Dr Patrick C Wygans 0.06 TID 23 9,600 133,800 ‐ 31,110 174,510 99.14% 9,683 134,961 ‐ 31,380 176,024 0.00

90 136200504 13 N Parker Dr City of Janesville 0.88 TID 23 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

91 136100274 16 N Main St Matthew Schreier 0.04 TID 23 13,600 ‐ 6,600 ‐ 20,200 99.14% 13,718 ‐ 6,657 ‐ 13,718 0.04

92 136100273 18 N Main St Matthew Schreier 0.04 TID 23 13,600 124,000 ‐ 6,150 143,750 99.14% 13,718 125,076 ‐ 6,203 144,997 0.00

93 136100007 24 N Main St Spirits of Janesville LLC 0.05 TID 23 14,500 106,200 ‐ 22,930 143,630 99.14% 14,626 107,121 ‐ 23,129 144,876 0.00

94 136100008 20 N Main St/22 N Main St Wisconsin Lodge 14 IOOF 0.01 TID 23 2,600 51,800 ‐ ‐ 54,400 99.14% 2,623 52,249 ‐ ‐ 54,872 0.00

95 136100278 100 N Main St BMO Harris Bank NA f/k/a Harris NA 1.45 354,900 2,652,500 ‐ 252,200 3,259,600 99.14% 357,979 2,675,509 ‐ 254,388 3,287,876 0.00

96 136100279 121 N Parker Dr BMO Harris Bank NA f/k/a Harris NA 0.30 48,100 66,900 4,500 ‐ 119,500 99.14% 48,517 67,480 4,539 ‐ 115,998 0.00

97 136100280 208 N Main St Janesville Gardens Apartment Associates LP 1.57 488,400 3,745,600 ‐ 62,700 4,296,700 99.14% 492,637 3,778,092 ‐ 63,244 4,333,972 0.00

98 136100281 211 N Parker Dr American Red Cross c/o Badger Chapter 0.24 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

99 136100263 220 N Parker Dr St Johns Lutheran Church C/O R K Smith Realty 0.12 13,500 57,600 ‐ ‐ 71,100 99.14% 13,617 58,100 ‐ ‐ 71,717 0.00

100 136100262 214 N Parker Dr St Johns Lutheran Church C/O R K Smith Realy 0.20 22,300 54,400 ‐ ‐ 76,700 99.14% 22,493 54,872 ‐ ‐ 77,365 0.00

101 136100261 208 N Parker Dr Matthew L Gregerson Ruth D Gregerson 0.19 23,300 ‐ ‐ ‐ 23,300 99.14% 23,502 ‐ ‐ ‐ 23,502 0.19

102 136100260 202 N Parker Dr Eric A McHone 0.13 14,800 65,400 ‐ ‐ 80,200 99.14% 14,928 65,967 ‐ ‐ 80,896 0.00

103 136100259 209 Prospect Ave Matthew L Gregerson Ruth D Gregerson 0.09 11,600 61,800 2,800 ‐ 76,200 99.14% 11,701 62,336 2,824 ‐ 74,037 0.00

104 136100269 120 N Parker Dr BMO Harris Bank NA f/k/a Harris NA 0.20 TID 23 40,300 105,400 ‐ ‐ 145,700 99.14% 40,650 106,314 ‐ ‐ 146,964 0.00

105 136100270 114 N Parker Dr BMO Harris Bank NA f/k/a Harris NA 0.20 TID 23 25,100 ‐ 10,500 ‐ 35,600 99.14% 25,318 ‐ 10,591 ‐ 25,318 0.20



108 136200501 214 E Wall St City of Janesville Parking Lot 0.61 TID 23 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

109 136200263 10 N Parker Dr Carriage Works Real Estate LLC 0.32 TID 23 79,000 396,300 2,000 49,560 526,860 99.14% 79,685 399,738 2,017 49,990 529,413 X 0.32 0.00 West Milwaukee Street Improvements

110 136200264 205 E Milwaukee St Jevne J Arreazola Patricia L Arreazola 0.06 TID 23 18,200 138,600 ‐ 6,480 163,280 99.14% 18,358 139,802 ‐ 6,536 164,696 X 0.06 0.00 West Milwaukee Street Improvements

111 136200265 209 E Milwaukee St RM Calnavez Company 0.17 TID 23 50,900 187,000 ‐ 4,300 242,200 99.14% 51,342 188,622 ‐ 4,337 244,301 X 0.17 0.00 West Milwaukee Street Improvements

112 136200261 215 E Milwaukee St One Parker Place LLP 0.81 TID 23 98,300 ‐ 25,700 ‐ 124,000 99.14% 99,153 ‐ 25,923 ‐ 99,153 X 0.81 0.81 West Milwaukee Street Improvements

113 136200251 301 E Milwaukee St Ameritech Advanced Data Services 0.87 ‐ 227,700 ‐ ‐ 227,700 99.14% ‐ 229,675 ‐ ‐ 229,675 X 0.87 0.00 X West Milwaukee Street Improvements

114 136200250 304 E Wall St Garry K Kolberg 0.20 22,300 71,700 100 ‐ 94,100 99.14% 22,493 72,322 101 ‐ 94,815 0.00

115 136200249 308 E Wall St John M Horinka Leslie A Horinka 0.20 22,300 38,300 2,700 ‐ 63,300 99.14% 22,493 38,632 2,723 ‐ 61,126 0.00

116 136200248 312 E Wall St Blackhawk Apartments LLC Nadine G Jones 0.10 13,000 22,200 ‐ ‐ 35,200 99.14% 13,113 22,393 ‐ ‐ 35,505 0.00

117 136200247 31 N Wisconsin St Blackhawk Apartments LLC Nadine G Jones 0.30 25,900 63,900 1,800 ‐ 91,600 99.14% 26,125 64,454 1,816 ‐ 90,579 0.00

118 136200246 21 N Wisconsin St Steven C Swanson 0.15 18,200 69,400 5,900 ‐ 93,500 99.14% 18,358 70,002 5,951 ‐ 88,360 0.00

119 136200245 15 N Wisconsin St ST Interests LLC 0.17 19,600 72,200 ‐ ‐ 91,800 99.14% 19,770 72,826 ‐ ‐ 92,596 0.00

120 136200244 321 E Milwaukee St RKPMHR LLP 0.20 50,600 81,500 ‐ 4,610 136,710 99.14% 51,039 82,207 ‐ 4,650 137,896 X 0.20 0.00 West Milwaukee Street Improvements

121 136200160 4 N Wisconsin St Eugene L Oakley Suzanne Oakley 0.20 22,300 77,600 ‐ ‐ 99,900 99.14% 22,493 78,273 ‐ ‐ 100,767 X 0.20 0.00 West Milwaukee Street Improvements

122 136200159 409 E Milwaukee St Wagener Properties LLC 0.41 81,900 102,300 ‐ 16,940 201,140 99.14% 82,610 103,187 ‐ 17,087 202,885 X 0.41 0.00 West Milwaukee Street Improvements

123 136200161 20 N Wisconsin St Palzkill Properties LLC 0.19 24,100 127,800 ‐ ‐ 151,900 99.14% 24,309 128,909 ‐ ‐ 153,218 0.00

124 136200168 26 N Wisconsin St Susan M Hunt Wulkowics McWilliams 0.20 24,700 63,100 ‐ ‐ 87,800 99.14% 24,914 63,647 ‐ ‐ 88,562 0.00

125 136200167 32 N Wisconsin St David W Van Tassell Melissa S Van Tassell 0.14 18,200 123,800 1,400 ‐ 143,400 99.14% 18,358 124,874 1,412 ‐ 143,232 0.00

126 136200166 410 E Wall St David R Voegeli 0.06 7,100 50,000 ‐ ‐ 57,100 99.14% 7,162 50,434 ‐ ‐ 57,595 0.00

127 136200155 403 E Wall St Zachary W Stephens 0.20 24,700 86,100 2,500 ‐ 113,300 99.14% 24,914 86,847 2,522 ‐ 111,761 0.00

128 136200156 409 E Wall St TLB Apartments LLC 0.20 24,700 94,500 ‐ ‐ 119,200 99.14% 24,914 95,320 ‐ ‐ 120,234 0.00

129 136200150 419 E Wall St Reed Revocable Trust Margaret A Reed 0.40 33,100 124,300 3,000 ‐ 160,400 99.14% 33,387 125,378 3,026 ‐ 158,765 0.00

130 136200165 25 N Atwood Ave Meier Wickhem Southworth & Lyons IP 0.20 50,100 140,200 ‐ 9,560 199,860 99.14% 50,535 141,416 ‐ 9,643 201,594 0.00

131 136200164 21 N Atwood Ave Dennis Hessian Debra Hessian 0.15 18,200 104,200 1,400 ‐ 123,800 99.14% 18,358 105,104 1,412 ‐ 123,462 0.00

132 136200163 15 N Atwood Ave Brian K Holmbeck 0.18 24,000 73,900 4,000 ‐ 101,900 99.14% 24,208 74,541 4,035 ‐ 98,749 0.00

133 136200162 11 N Atwood Ave Paul Steinke Cheryl Waldsmith 0.12 12,800 69,800 3,100 ‐ 85,700 99.14% 12,911 70,405 3,127 ‐ 83,317 0.00

134 136200158 419 E Milwaukee St Blackhawk Apartments LLC Nadine G Jones 0.23 77,400 208,100 ‐ ‐ 285,500 99.14% 78,071 209,905 ‐ ‐ 287,977 X 0.23 0.00 West Milwaukee Street Improvements

135 136200157 425 E Milwaukee St 425 E Milwaukee St LLC 0.17 43,500 118,900 ‐ 4,040 166,440 99.14% 43,877 119,931 ‐ 4,075 167,884 X 0.17 0.00 West Milwaukee Street Improvements

136 136200172 418 E Milwaukee St One Parker Place LLP 0.14 23,200 ‐ ‐ ‐ 23,200 99.14% 23,401 ‐ ‐ ‐ 23,401 X 0.14 0.14 West Milwaukee Street Improvements

137 136200173 14 S Atwood Ave One Parker Place LLP 0.12 13,800 ‐ ‐ ‐ 13,800 99.14% 13,920 ‐ ‐ ‐ 13,920 X 0.12 0.12 West Milwaukee Street Improvements

138 136200171 402 E Milwaukee St One Parker Place LLP 0.28 57,100 ‐ 7,300 ‐ 64,400 99.14% 57,595 ‐ 7,363 ‐ 57,595 X 0.28 0.28 West Milwaukee Street Improvements

139 136200170 13 S Wisconsin St One Parker Place LLP 0.26 52,800 ‐ 5,900 ‐ 58,700 99.14% 53,258 ‐ 5,951 ‐ 53,258 0.26

140 136200237 321 E Court St Dennis J Goodenough 0.13 4,000 ‐ ‐ ‐ 4,000 99.14% 4,035 ‐ ‐ ‐ 4,035 X 0.13 0.13 E. Court Street Improvements (Conversion to Two‐Way)

3/29/2016 Page 12

Draft



Map

Ref #

Parcel


Existing


Equalized


Wis. Stat. §

66.1337

(2m)(a)1.

Wis. Stat. §

66.1337

(2m)(a)2.

Wis. Stat. §

66.1337

(2m)(a)3.

Wis. Stat. §

66.1337

(2m)(a)4.

AcresVacant

Acres





Supporting Comments


141 136200236 22 S Wisconsin St Jason Rebout 0.06 8,300 54,300 ‐ ‐ 62,600 99.14% 8,372 54,771 ‐ ‐ 63,143 0.00

142 136200241 18 S Wisconsin St Richard D Donahue 0.06 TID 23 7,500 60,100 ‐ ‐ 67,600 99.14% 7,565 60,621 ‐ ‐ 68,186 0.00

143 136200242 14 S Wisconsin St Margie E Paul Trustee 0.06 TID 23 7,500 40,500 ‐ ‐ 48,000 99.14% 7,565 40,851 ‐ ‐ 48,416 0.00

144 136200243 320 E Milwaukee St FDW Properties Ltd WI Corp 0.71 TID 23 142,400 156,300 ‐ 14,450 313,150 99.14% 143,635 157,656 ‐ 14,575 315,866 X 0.71 0.00 West Milwaukee Street Improvements

145 136200238 317 E Court St 303 E Court St Joint Venture c/o R K Smith Realty 0.20 24,700 52,000 ‐ ‐ 76,700 99.14% 24,914 52,451 ‐ ‐ 77,365 X 0.20 0.00 E. Court Street Improvements (Conversion to Two‐Way)

146 136200239 303 E Court St 303 E Court St Joint Venture 0.41 101,500 398,600 11,700 32,970 544,770 99.14% 102,380 402,058 11,801 33,256 537,694 X 0.41 0.00 E. Court Street Improvements (Conversion to Two‐Way)

147 136200240 300 E Milwaukee St One Parker Place LLP 0.43 TID 23 108,500 ‐ 10,000 ‐ 118,500 99.14% 109,441 ‐ 10,087 ‐ 109,441 X 0.43 0.43 West Milwaukee Street Improvements

148 136200266 1 Parker Pl One Parker Place LLP 1.28 390,100 1,257,900 ‐ 205,310 1,853,310 99.14% 393,484 1,268,812 ‐ 207,091 1,869,387 X 1.28 0.00 E. Court Street Improvements (Conversion to Two‐Way)

149 136200267 1 S Parker Dr Bliss Communications Inc 1.03 ‐ ‐ ‐ 170,670 170,670 99.14% ‐ ‐ ‐ 172,150 172,150 X 1.03 0.00 West Milwaukee Street Improvements

150 136200340 1 S Main St Rock County National Bank of Janesville Johnson Finacial G 1.37 334,400 1,947,300 ‐ 169,680 2,451,380 99.14% 337,301 1,964,192 ‐ 171,152 2,472,645 X 1.37 0.00 West Milwaukee Street Improvements

151 136200338 27 S Main St City of Janesville 0.40 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

152 136200332 26 S Parker Dr FDW Properties Ltd WI Corp 0.12 29,300 ‐ 4,200 ‐ 33,500 99.14% 29,554 ‐ 4,236 ‐ 29,554 0.12

153 136200331 121 E Court St City of Janesville 0.14 77,000 167,600 ‐ ‐ 244,600 99.14% 77,668 169,054 ‐ ‐ 246,722 X 0.14 0.14 E. Court Street Improvements (Conversion to Two‐Way)

154 136200333 115 E Court St FDW Properties Ltd WI Corp 0.14 34,000 ‐ ‐ ‐ 34,000 99.14% 34,295 ‐ ‐ ‐ 34,295 X 0.14 0.14 E. Court Street Improvements (Conversion to Two‐Way)

155 136200335 37 S Main St Kimball Properties 39 LLC 0.27 81,900 420,400 ‐ 490 502,790 99.14% 82,610 424,047 ‐ 494 507,152 X 0.27 0.00 E. Court Street Improvements (Conversion to Two‐Way)

156 136200336 31 S Main St Larry O Bozart Joni L Bozart 0.07 20,500 138,600 ‐ 12,880 171,980 99.14% 20,678 139,802 ‐ 12,992 173,472 0.00

157 136200337 29 S Main St ACJ Holdings LLC 0.07 20,500 185,900 ‐ 3,920 210,320 99.14% 20,678 187,513 ‐ 3,954 212,144 0.00

158 136100326 20 E Milwaukee St Lappin Hayes Associates TMB Management Co Inc 0.17 51,800 881,400 ‐ 39,850 973,050 99.14% 52,249 889,046 ‐ 40,196 981,491 X 0.17 0.00 Potential Private Improvements of Existing Building

159 136100512 2 E Milwaukee St City of Janesville Parking Plaza 0.23 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 0.23 0.00 X Future Riverwalk

160 136100016 8 S Main St Rock River View LLC, Deborah Fischer 0.28 84,000 367,800 ‐ 38,290 490,090 99.14% 84,729 370,991 ‐ 38,622 494,341 X 0.28 0.00 Potential Private Improvements of Existing Building

161 136200348 16 S Main St Anthony A Hodge Brenda A Hodge 0.08 18,500 189,500 ‐ 18,470 226,470 99.14% 18,660 191,144 ‐ 18,630 228,435 X 0.08 0.00 Potential Private Improvements of Existing Building

162 136200349 18 S Main St Grafft Wood & Schoof Olde Towne Mall Partnership 0.40 97,700 571,100 ‐ 22,610 691,410 99.14% 98,548 576,054 ‐ 22,806 697,408 X 0.40 0.00 Potential Private Improvements of Existing Building

163 136200350 30 S Main St 30 S Main LLC 0.07 22,300 134,200 ‐ ‐ 156,500 99.14% 22,493 135,364 ‐ ‐ 157,858 X 0.07 0.00 Potential Private Improvements of Existing Building

164 136200351 32 S Main St Holland LLC 0.09 28,900 139,900 ‐ ‐ 168,800 99.14% 29,151 141,114 ‐ ‐ 170,264 X 0.09 0.00 Potential Private Improvements of Existing Building

165 136200352 34 S Main St Certified Parts Corporation 0.16 50,100 67,400 ‐ ‐ 117,500 99.14% 50,535 67,985 ‐ ‐ 118,519 X 0.16 0.00 Potential Private Improvements of Existing Building

166 136200353 38 S Main St Certified Parts Corporation 0.17 42,600 55,400 ‐ 2,640 100,640 99.14% 42,970 55,881 ‐ 2,663 101,513 X 0.17 0.00 Potential Private Improvements of Existing Building

167 136200354 50 S Main St Kent Block Properties LLC c/o Neil Halleen Managing Mem 0.13 40,700 237,400 ‐ ‐ 278,100 99.14% 41,053 239,459 ‐ ‐ 280,512 X 0.13 0.00 Potential Private Improvements of Existing Building

168 136200355 54 S Main St David W Graham Terri L Graham 0.13 40,700 133,400 ‐ 11,360 185,460 99.14% 41,053 134,557 ‐ 11,459 187,069 X 0.13 0.00 Potential Private Improvements of Existing Building

169 136200356 58 S Main St Edwin L Nash 0.07 16,300 56,500 ‐ 550 73,350 99.14% 16,441 56,990 ‐ 555 73,986 X 0.07 0.00 Potential Private Improvements of Existing Building

170 136200357 60 S Main St John H Hunt Jr Richard & Linda DeWar 0.07 16,300 49,700 ‐ ‐ 66,000 99.14% 16,441 50,131 ‐ ‐ 66,573 X 0.07 0.00 Potential Private Improvements of Existing Building

171 136200510 69 S Water St City of Janesville Senior Center 0.40 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X X 0.40 0.00 X Adaptive Reuse Civic Building

172 136200358 100 S Main St One Hundred South Main LLP 0.80 160,300 826,300 ‐ 87,900 1,074,500 99.14% 161,691 833,468 ‐ 88,662 1,083,821 0.00

173 136200329 121 S Main St Amy K Franz 0.12 13,900 82,400 ‐ ‐ 96,300 99.14% 14,021 83,115 ‐ ‐ 97,135 0.00

174 136200328 115 S Main St Travis C OConnell Jennifer L OConnell 0.20 77,000 213,800 ‐ 6,860 297,660 99.14% 77,668 215,655 ‐ 6,920 300,242 0.00

175 136200327 109 S Main St Travis C OConnell Jennifer L OConnell 0.06 8,200 93,300 ‐ ‐ 101,500 99.14% 8,271 94,109 ‐ ‐ 102,380 0.00



178 136200325 101 S Main St One Parker Place LLP 0.40 80,800 312,800 ‐ 14,180 407,780 99.14% 81,501 315,513 ‐ 14,303 411,317 0.00

179 136200321 120 St Lawrence Ave D D & R Johnson LLP Richard R Johnson 0.25 137,300 744,400 ‐ 12,370 894,070 99.14% 138,491 750,857 ‐ 12,477 901,826 0.00

180 136200320 121 E Van Buren St Kathleen A Martin 0.15 15,700 97,900 ‐ ‐ 113,600 99.14% 15,836 98,749 ‐ ‐ 114,585 0.00

181 136200319 115 E Van Buren St D D & R Johnson LLP 0.20 32,700 1,700 ‐ ‐ 34,400 99.14% 32,984 1,715 ‐ ‐ 34,698 0.20

182 136200330 109 E Van Buren St Theodore A Norder Jr Carol Ann Norder 0.08 9,600 51,200 ‐ ‐ 60,800 99.14% 9,683 51,644 ‐ ‐ 61,327 0.00

183 136200312 203 S Main St Brian C Hansen 0.27 44,600 61,900 ‐ ‐ 106,500 99.14% 44,987 62,437 ‐ ‐ 107,424 X X X 0.27 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

184 136200313 211 S Main St Brian C Hansen 0.41 67,300 109,800 ‐ 5,360 182,460 99.14% 67,884 110,752 ‐ 5,406 184,043 X X X 0.41 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

185 136200315 223 S Main St George B Bolter Barbara J Bolter 0.14 14,300 57,000 1,900 ‐ 73,200 99.14% 14,424 57,494 1,916 ‐ 71,918 X X X 0.14 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

186 136200316 225 S Main St John A Urban Christel M Urban 0.07 9,200 74,000 ‐ ‐ 83,200 99.14% 9,280 74,642 ‐ ‐ 83,922 X X X 0.07 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

187 136200318 231 S Main St Anda OConnell 0.07 17,600 58,900 800 ‐ 77,300 99.14% 17,753 59,411 807 ‐ 77,164 X X X 0.07 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

188 136200317 109 E Holmes St Deon B Wentworth 0.13 16,400 83,500 3,600 ‐ 103,500 99.14% 16,542 84,224 3,631 ‐ 100,767 X X X 0.13 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

189 136200302 305 S Main St Donald J Gerharz 0.28 68,900 82,100 ‐ 1,460 152,460 99.14% 69,498 82,812 ‐ 1,473 153,783 X X X 0.28 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

190 136200303 309 S Main St Francisco Valenzuela 0.12 15,400 67,000 900 ‐ 83,300 99.14% 15,534 67,581 908 ‐ 83,115 X X X 0.12 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

191 136200304 315 S Main St Timothy J May Nicole Jenks May 0.16 18,500 105,300 700 ‐ 124,500 99.14% 18,660 106,213 706 ‐ 124,874 X X X 0.16 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

192 136200305 319 S Main St Deon B Wentworth Greg L Wentworth 0.20 24,700 103,100 ‐ ‐ 127,800 99.14% 24,914 103,994 ‐ ‐ 128,909 X X X 0.20 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

193 136300215 325 S Main St George B Bolter 0.20 22,300 57,000 900 ‐ 80,200 99.14% 22,493 57,494 908 ‐ 79,988 X X X 0.20 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

194 136300216 329 S Main St James R Wilpolt 0.20 22,300 87,900 ‐ ‐ 110,200 99.14% 22,493 88,662 ‐ ‐ 111,156 X X X 0.20 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

195 136300217 335 S Main St Maurice A Adams Stephen T Adams 0.20 24,700 77,600 ‐ ‐ 102,300 99.14% 24,914 78,273 ‐ ‐ 103,187 X X X 0.20 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

196 136300219 345 S Main St Jamesville Properties LLC 0.20 9,900 ‐ ‐ ‐ 9,900 99.14% 9,986 ‐ ‐ ‐ 9,986 X X X 0.20 0.20 Potential Redvelopment Site or Private Improvements of Existing Building9

197 136300221 351 S Main St M3 Holdings LLC 0.27 24,700 58,300 ‐ ‐ 83,000 99.14% 24,914 58,806 ‐ ‐ 83,720 X X X 0.27 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

198 136300225 108 Oakland Ave. Jerry Hardy 0.06 7,600 48,500 ‐ ‐ 56,100 99.14% 7,666 48,921 ‐ ‐ 56,587 X X X 0.06 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

199 136300226 403 S Main St Elizabeth A Kennedy 0.10 12,200 60,600 ‐ ‐ 72,800 99.14% 12,306 61,126 ‐ ‐ 73,432 X X X 0.10 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

200 136300227 405 S Main St Carnie B Short 0.12 15,400 86,900 ‐ ‐ 102,300 99.14% 15,534 87,654 ‐ ‐ 103,187 X X X 0.12 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

201 136300231 409 S Main St Equity Trust Company Custodian 0.19 24,100 126,800 ‐ ‐ 150,900 99.14% 24,309 127,900 ‐ ‐ 152,209 X X X 0.19 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

202 136300232 417 S Main St Equity Trust Company Custodian 0.18 21,400 53,800 1,500 ‐ 76,700 99.14% 21,586 54,267 1,513 ‐ 75,852 X X X 0.18 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

203 136300233 423 S Main St Joseph A Simmons Jennifer L Simmons 0.12 12,400 71,800 1,400 ‐ 85,600 99.14% 12,508 72,423 1,412 ‐ 84,930 X X X 0.12 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

204 136300234 425 S Main St Jose Manuel Maravillo 0.06 9,500 26,400 ‐ 1,960 37,860 99.14% 9,582 26,629 ‐ 1,977 38,188 X X X 0.06 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

205 136300239 433 S Main St Alfonso Navarro Guadalupe Navarro 0.36 67,200 32,600 3,700 ‐ 103,500 99.14% 67,783 32,883 3,732 ‐ 100,666 X X X 0.36 0.36 Potential Redvelopment Site or Private Improvements of Existing Building9

3/29/2016 Page 13

Draft



Map

Ref #

Parcel


Existing


Equalized


Wis. Stat. §

66.1337

(2m)(a)1.

Wis. Stat. §

66.1337

(2m)(a)2.

Wis. Stat. §

66.1337

(2m)(a)3.

Wis. Stat. §

66.1337

(2m)(a)4.

AcresVacant

Acres





Supporting Comments


206 136300241 115 E Racine St Maurice A Adams Stephen T Adams 0.10 15,600 23,500 1,100 1,670 41,870 99.14% 15,735 23,704 1,110 1,684 41,124 X X X 0.10 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

207 136300244 104 E Racine St Johnson Acquistion Corp James L Johnson 0.47 87,700 160,000 47,100 20,470 315,270 99.14% 88,461 161,388 47,509 20,648 270,496 X X X 0.47 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

208 136300262 32 E Racine St Cajun Properties LLC 1.12 185,600 284,300 ‐ 3,920 473,820 99.14% 187,210 286,766 ‐ 3,954 477,930 X X X 1.12 0.00 Potential Redvelopment Site or Private Improvements of Existing Building9

209 136300503 12 E Racine St City of Janesville 0.04 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X X X 0.04 0.00 X Potential Redvelopment Site or Private Improvements of Existing Building9

210 136300261 45 E Racine St Norma J Davis 0.15 28,200 101,400 ‐ 5,040 134,640 99.14% 28,445 102,280 ‐ 5,084 135,808 0.00

211 136300260 39 E Racine St Richard H Davis Norma J Davis 0.07 10,000 34,200 ‐ ‐ 44,200 99.14% 10,087 34,497 ‐ ‐ 44,583 0.00

212 136300259 38 Kerwin Matthews Ct Richard H Davis 0.03 5,000 11,600 ‐ ‐ 16,600 99.14% 5,043 11,701 ‐ ‐ 16,744 0.00

213 136300258 33 E Racine St Net Worth LLC 0.07 10,000 66,800 ‐ 16,890 93,690 99.14% 10,087 67,379 ‐ 17,037 94,503 0.00

214 136300257 27 E Racine St Net Worth LLC 0.03 5,000 46,400 ‐ 5,100 56,500 99.14% 5,043 46,803 ‐ 5,144 56,990 0.00

215 136300256 26 Kerwin Matthews Ct 26 Kerwin Matthews Court LLC C/O Mary Long 0.14 18,800 130,900 ‐ 150 149,850 99.14% 18,963 132,036 ‐ 151 151,150 0.00

216 136300007 408 S Main St Janesville School Apt. LLC, Stonehouse Development 3.37 TID 17 203,500 1,709,500 ‐ 540 1,913,540 99.14% 205,265 1,724,329 ‐ 545 1,930,139 0.00

217 136300509 328 S Main St City of Janesville Park/Vacant Land 3.46 TID 17 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

218 136300506 316 S Main St City of Janesville Library 3.38 TID 17 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

219 136200368 212 S Water St City of Janesville 0.18 TID 17 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X X 0.18 0.00 X Redevelopment Site/Future Housing & Future Riverwalk

220 136200369 210 S Water St City of Janesville 0.18 TID 17 ‐ ‐ ‐ 34,320 34,320 99.14% ‐ ‐ ‐ 34,618 34,618 X X 0.18 0.00 X Redevelopment Site/Future Housing & Future Riverwalk

221 136200370 202 S Water St Bart A & Rachel L Arnold David M & Susan M Ab 0.37 TID 17 46,300 81,900 ‐ ‐ 128,200 99.14% 46,702 82,610 ‐ ‐ 129,312 X X 0.37 0.00 Redevelopment Site/Future Housing & Future Riverwalk

222 136200362 208 S Main St Agim Saliu 0.44 TID 17 110,400 163,200 ‐ 16,780 290,380 99.14% 111,358 164,616 ‐ 16,926 292,899 0.00

223 136200361 209 S Water St City of Janesville 0.08 TID 17 9,500 41,700 ‐ ‐ 51,200 99.14% 9,582 42,062 ‐ ‐ 51,644 0.00

224 136200360 200 S Main St Patrick K Mcdonald 0.18 TID 17 22,700 82,400 ‐ 10,080 115,180 99.14% 22,897 83,115 ‐ 10,167 116,179 0.00

225 136200508 110 S Water St Creative Business Developers LLC Attn Jeff Hazekamp, AYA 1.03 TID 17 103,200 ‐ ‐ ‐ 103,200 99.14% 104,095 ‐ ‐ ‐ 104,095 X 1.03 1.03 Future Riverwalk

226 136200507 80 S Water St City of Janesville 0.48 TID 17 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X X 0.48 0.00 X Redevelopment Site/Future Housing & Future Riverwalk

227 136200371 20 E Court St HP Holdings LLC 0.40 TID 17 61,400 408,000 ‐ ‐ 469,400 99.14% 61,933 411,539 ‐ ‐ 473,472 X X 0.40 0.00 Redevelopment Site/Future Housing & Future Riverwalk

228 136100352 123 S River St City of Janesville 2.10 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

229 136300622 215 S River St Thomas H Jones 0.93 152,000 452,300 14,200 106,560 725,060 99.14% 153,319 456,224 14,323 107,484 717,026 0.00

230 136300621 251 S River St Thomas H Jones 0.12 15,700 ‐ 3,900 19,600 99.14% 15,836 ‐ 3,934 ‐ 15,836 0.12

231 136300620 255 S River St John E Freeman Suzanne M Freeman 0.31 40,300 32,000 9,600 58,020 139,920 99.14% 40,650 32,278 9,683 58,523 131,450 0.31

232 136300619 265 S River St Michael J Olver Russell G Olver 0.20 26,600 69,000 6,700 2,060 104,360 99.14% 26,831 69,599 6,758 2,078 98,507 0.00

233 136300618 273 S River St City of Janesville 0.08 7,800 51,500 ‐ ‐ 59,300 99.14% 7,868 51,947 ‐ ‐ 59,814 0.00 X

234 136300500 303 S River St City of Janesville 1.14 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

235 136300623 431 S River St Joe L Sanks Joe P & Leanne M Sanks Revocable Trust 0.12 16,000 110,900 ‐ 10,690 137,590 99.14% 16,139 111,862 ‐ 10,783 138,784 0.00

236 136300411 100 W Racine St Anchor Bank SSB Accounting #17 0.61 100,400 366,400 ‐ ‐ 466,800 99.14% 101,271 369,578 ‐ ‐ 470,849 0.00

237 136300410 426 S River St Jacob D Lubeck Christine H Scaccia Lubeck 0.12 8,800 41,200 2,500 ‐ 52,500 99.14% 8,876 41,557 2,522 ‐ 50,434 0.00

238 136300409 422 S River St Diane Somers 0.12 9,800 42,900 1,100 ‐ 53,800 99.14% 9,885 43,272 1,110 ‐ 53,157 0.00

239 136300404 420 S River St Christine H Scaccia‐Lubeck 0.13 11,700 ‐ ‐ ‐ 11,700 99.14% 11,801 ‐ ‐ ‐ 11,801 0.13

240 136300403 414 S River St Mark A Rhodes 0.20 14,000 50,900 1,300 ‐ 66,200 99.14% 14,121 51,342 1,311 ‐ 65,463 0.00

241 136300402 408 S River St Riverfront Suites LLC 0.20 33,200 112,300 ‐ 18,210 163,710 99.14% 33,488 113,274 ‐ 18,368 165,130 0.00

242 136300401 103 Union St Sara Popik 0.10 8,300 58,900 ‐ ‐ 67,200 99.14% 8,372 59,411 ‐ ‐ 67,783 0.00

243 136300400 109 Union St Krista A Lehman 0.10 8,700 61,800 ‐ ‐ 70,500 99.14% 8,775 62,336 ‐ ‐ 71,112 0.00

244 136300599 108 Union St Scott Wasemiller Leann Wasemiller 0.11 9,400 67,500 ‐ ‐ 76,900 99.14% 9,482 68,086 ‐ ‐ 77,567 0.00

245 136300598 102 Union St Richard D Donahue Mary M Donahue 0.10 8,300 31,800 ‐ ‐ 40,100 99.14% 8,372 32,076 ‐ ‐ 40,448 0.00

246 136300597 314 S River St H S P Investments 0.20 14,000 52,200 1,400 ‐ 67,600 99.14% 14,121 52,653 1,412 ‐ 66,774 0.00

247 136300596 300 S River St Scott Porter 0.40 64,700 166,000 ‐ ‐ 230,700 99.14% 65,261 167,440 ‐ ‐ 232,701 0.00

248 136300594 102 Rock St Joseph R Sheldon 0.20 15,700 49,300 500 ‐ 65,500 99.14% 15,836 49,728 504 ‐ 65,564 0.00

249 136300593 266 S River St Maurice A Adams Stephen T Adams 0.20 15,700 25,500 1,000 ‐ 42,200 99.14% 15,836 25,721 1,009 ‐ 41,557 0.00

250 136300592 254 S River St Maurice A Adams Stephen T Adams 0.20 15,700 28,500 ‐ ‐ 44,200 99.14% 15,836 28,747 ‐ ‐ 44,583 0.00

251 136300591 252 S River St Heidi P Colby 0.20 15,600 37,200 3,800 ‐ 56,600 99.14% 15,735 37,523 3,833 ‐ 53,258 0.00

252 136300590 100 W Holmes St Christopher McCormick 0.05 3,500 21,100 ‐ ‐ 24,600 99.14% 3,530 21,283 ‐ ‐ 24,813 0.00

253 136300589 218 S River St Charles S Meyer III Carla M Meyer 0.03 4,800 22,600 ‐ ‐ 27,400 99.14% 4,842 22,796 ‐ ‐ 27,638 0.00

254 136400682 104 W Holmes St Fugate Leeth Properties LLC 0.06 4,900 25,900 ‐ ‐ 30,800 99.14% 4,943 26,125 ‐ ‐ 31,067 0.00

255 136400683 108 W Holmes St Jessica Kronschnabel 0.09 7,400 39,100 ‐ ‐ 46,500 99.14% 7,464 39,439 ‐ ‐ 46,903 0.00

256 136400690 221 S Franklin St Christine A Wilke 0.19 31,400 79,400 2,200 100 113,100 99.14% 31,672 80,089 2,219 101 111,862 0.00

257 136400681 214 S River St Riemer Revocable Trust Elizabeth H Riemer 0.40 52,500 18,600 12,500 ‐ 83,600 99.14% 52,955 18,761 12,608 ‐ 71,717 0.40

258 136400680 200 S River St Harris Ace Hardware LLP 0.80 105,100 516,200 ‐ 37,660 658,960 99.14% 106,012 520,678 ‐ 37,987 664,676 0.00

259 136400679 162 S River St River Street Corp 0.94 122,800 179,400 ‐ ‐ 302,200 99.14% 123,865 180,956 ‐ ‐ 304,821 X X 0.94 0.00 Redevelopment Site/Future Mixed Use Development

260 136400677 158 S River St BBH Partnership 0.41 53,900 31,400 ‐ ‐ 85,300 99.14% 54,368 31,672 ‐ ‐ 86,040 X X 0.41 0.41 Redevelopment Site/Future Mixed Use Development

261 136400700 161 S Franklin St River Street Corp Bernard A Losching 0.18 17,700 57,700 ‐ ‐ 75,400 99.14% 17,854 58,201 ‐ ‐ 76,054 X X 0.18 0.00 Redevelopment Site/Future Mixed Use Development

262 136400705 116 Mckinley St Franklin Street Property Group LLC 0.29 47,400 ‐ 9,900 ‐ 57,300 99.14% 47,811 ‐ 9,986 ‐ 47,811 X X 0.29 0.29 Redevelopment Site/Future Mixed Use Development

263 136400698 176 S Franklin St Jessica C Fritz 0.21 16,800 60,300 1,900 ‐ 79,000 99.14% 16,946 60,823 1,916 ‐ 77,769 0.00

264 136400699 170 S Franklin Central Vending Co. 0.21 6,700 ‐ ‐ ‐ 6,700 99.14% 6,758 ‐ ‐ ‐ 6,758 0.21

265 136400704 164 S Franklin Robert W Evans 0.21 16,800 54,500 7,200 ‐ 78,500 99.14% 16,946 54,973 7,262 ‐ 71,918 0.00

266 136400706 158 S Franklin St Melvin Rohrer 0.21 34,400 48,000 ‐ 1,150 83,550 99.14% 34,698 48,416 ‐ 1,160 84,275 0.00

267 136400820 154 S Franklin St James Treuthardt 0.14 11,300 27,400 ‐ ‐ 38,700 99.14% 11,398 27,638 ‐ ‐ 39,036 0.00

268 136400710 152 S Franklin St Jamesville Properties LLC 0.07 10,800 62,500 600 ‐ 73,900 99.14% 10,894 63,042 605 ‐ 73,936 0.00

269 136100370 122 S River St BBH Partnership 0.62 73,700 126,000 ‐ ‐ 199,700 99.14% 74,339 127,093 ‐ ‐ 201,432 X X 0.62 0.00 Redevelopment Site/Future Mixed Use Development

270 136100369 103 W Court St BBH Partnership 0.30 53,100 ‐ 1,800 ‐ 54,900 99.14% 53,561 ‐ 1,816 ‐ 53,561 X X 0.30 0.30 Redevelopment Site/Future Mixed Use Development

271 136100376 119 W Court St Ronald S Ross 0.20 47,900 71,500 ‐ 2,590 121,990 99.14% 48,316 72,120 ‐ 2,612 123,048 X X 0.20 0.00 Redevelopment Site/Future Mixed Use Development

272 136100371 113 S Franklin St Franklin Street Property Group LLC 0.48 78,300 298,200 ‐ 52,580 429,080 99.14% 78,979 300,787 ‐ 53,036 432,802 X X 0.48 0.00 Redevelopment Site/Future Mixed Use Development

273 136100377 203 W Court St Franklin Property Holdings LLC 0.41 97,600 171,000 ‐ ‐ 268,600 99.14% 98,447 172,483 ‐ ‐ 270,930 X 0.41 0.00 Court Street Conversion

274 136100375 114 S Franklin St Claude Poulin Louise Tourigny 0.16 26,300 52,900 ‐ 1,130 80,330 99.14% 26,528 53,359 ‐ 1,140 81,027 0.00

275 136400713 202 Mckinley St Richard D Donahue 0.09 7,200 38,600 ‐ ‐ 45,800 99.14% 7,262 38,935 ‐ ‐ 46,197 0.00

3/29/2016 Page 14

Draft



Map

Ref #

Parcel


Existing


Equalized


Wis. Stat. §

66.1337

(2m)(a)1.

Wis. Stat. §

66.1337

(2m)(a)2.

Wis. Stat. §

66.1337

(2m)(a)3.

Wis. Stat. §

66.1337

(2m)(a)4.

AcresVacant

Acres





Supporting Comments


276 136400712 206 Mckinley St William A Leahy Diane L Leahy 0.08 5,900 45,800 1,500 ‐ 53,200 99.14% 5,951 46,197 1,513 ‐ 52,148 0.00

277 136400711 210 Mckinley St William A Leahy Diane Leahy 0.08 2,800 ‐ ‐ ‐ 2,800 99.14% 2,824 ‐ ‐ ‐ 2,824 0.08

278 136400729 212 Mckinley St Walker Property Manangment LLC 0.09 7,800 75,300 ‐ ‐ 83,100 99.14% 7,868 75,953 ‐ ‐ 83,821 0.00

279 136400728 121 S Jackson St Anne & Mary Rentals LLC 0.07 3,700 43,400 ‐ ‐ 47,100 99.14% 3,732 43,776 ‐ ‐ 47,509 X 0.07 0.00 Street Landscaping & Lighting On Jackson Street

280 136400727 119 S Jackson St Anne & Mary Rentals LLC 0.04 2,100 42,900 ‐ ‐ 45,000 99.14% 2,118 43,272 ‐ ‐ 45,390 X 0.04 0.00 Street Landscaping & Lighting On Jackson Street

281 136400725 117 S Jackson St Linda J Frisbee 0.07 5,100 29,600 ‐ ‐ 34,700 99.14% 5,144 29,857 ‐ ‐ 35,001 X 0.07 0.00 Street Landscaping & Lighting On Jackson Street

282 136400724 113 S Jackson St Stephen C Nickols Et Al 0.13 20,600 2,500 ‐ ‐ 23,100 99.14% 20,779 2,522 ‐ ‐ 23,300 X 0.13 0.13 Street Landscaping & Lighting On Jackson Street

283 136100484 109 S Jackson St Stephen Nickols 0.10 16,200 56,400 4,700 10,880 88,180 99.14% 16,341 56,889 4,741 10,974 84,204 X 0.10 0.00 Street Landscaping & Lighting On Jackson Street

284 136100483 215 W Court St RLM Properties LLC 0.31 58,600 195,300 ‐ 12,790 266,690 99.14% 59,108 196,994 ‐ 12,901 269,003 X 0.31 0.00 Street Landscaping & Lighting On Jackson Street

285 136400718 303 W Court St Campbell Survivors Trust Carol H Campbell 0.43 102,300 208,100 ‐ 660 311,060 99.14% 103,187 209,905 ‐ 666 313,758 X 0.43 0.00 Street Landscaping & Lighting On Jackson Street

286 136400721 108 S Jackson St Womens Club 0.56 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 0.56 0.00 X Street Landscaping & Lighting On Jackson Street

287 136400730 314 Mckinley St TMG Rentals LLC 0.07 6,300 66,100 ‐ ‐ 72,400 99.14% 6,355 66,673 ‐ ‐ 73,028 0.00

288 136400731 121 S High St Julie Richardson 0.15 12,700 ‐ ‐ ‐ 12,700 99.14% 12,810 ‐ ‐ ‐ 12,810 0.00 X

289 136400732 115 S High St Burdette E Erickson 0.18 15,800 79,400 2,400 ‐ 97,600 99.14% 15,937 80,089 2,421 ‐ 96,026 0.00

290 136400733 323 W Court St First Church of Christ Scientist 0.22 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 0.22 0.00 X Court Street Conversion

291 136400101 106 Cherry St Sovereign LLC 0.20 16,400 99,800 ‐ ‐ 116,200 99.14% 16,542 100,666 ‐ ‐ 117,208 0.00

292 136400201 609 W Court St Christine K Glasgow 0.06 4,200 67,000 ‐ ‐ 71,200 99.14% 4,236 67,581 ‐ ‐ 71,818 0.00

293 136400202 102 Cherry St Ronald J Sutterlin Christine Glasgow 0.14 18,200 34,600 ‐ ‐ 52,800 99.14% 18,358 34,900 ‐ ‐ 53,258 0.00

294 136400135 815 W Court St Richard W Rasmussen 0.44 57,800 187,200 ‐ 10,150 255,150 99.14% 58,301 188,824 ‐ 10,238 257,363 0.00

295 136100006 601 W Milwaukee St NISHAS Trading LLC 1.64 214,700 833,200 ‐ ‐ 1,047,900 99.14% 216,562 840,428 ‐ ‐ 1,056,990 X 1.64 0.00 West Milwaukee Street Improvements

296 136100523 519 W Milwaukee St City of Janesville 0.05 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 0.05 0.05 West Milwaukee Street Improvements

297 136100437 509 W Milwaukee St BLWL LLC 0.46 75,000 198,700 ‐ ‐ 273,700 99.14% 75,651 200,424 ‐ ‐ 276,074 X 0.46 0.00 West Milwaukee Street Improvements

298 136100432 12 S Academy St Mulrooney Living Trust Stanley J & Gertrude M Mulrooney 0.11 10,000 87,800 1,500 ‐ 99,300 99.14% 10,087 88,562 1,513 ‐ 98,648 0.00

299 136100431 18 S Academy St RS Real Estate Holdings LLC 0.11 10,000 81,500 ‐ ‐ 91,500 99.14% 10,087 82,207 ‐ ‐ 92,294 0.00

300 136100430 22 S Academy St Carnie B Short 0.11 10,000 101,600 ‐ ‐ 111,600 99.14% 10,087 102,481 ‐ ‐ 112,568 0.00

301 136100429 30 S Academy St Jennifer Liddell 0.15 11,500 87,300 ‐ ‐ 98,800 99.14% 11,600 88,057 ‐ ‐ 99,657 0.00

302 136100425 53 S Academy St David R Voegeli Rosalind A Voegeli 0.12 9,500 59,600 ‐ ‐ 69,100 99.14% 9,582 60,117 ‐ ‐ 69,699 0.00

303 136100427 415 Dodge St Certified Parts Corporation 0.07 6,300 58,300 ‐ ‐ 64,600 99.14% 6,355 58,806 ‐ ‐ 65,160 0.00

304 136100426 620 W Court St Darlene A Kennedy 0.07 5,600 59,100 ‐ ‐ 64,700 99.14% 5,649 59,613 ‐ ‐ 65,261 0.00

305 136100428 614 W Court St City of Janesville 0.09 6,700 58,900 ‐ ‐ 65,600 99.14% 6,758 59,411 ‐ ‐ 66,169 0.09

306 136100503 400 W Court St City of Janesville 0.50 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

307 136100015 65 S High St First Congregational Church 0.25 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 0.25 0.00 X Court Street Conversion

308 136100479 54 S Jackson St First Congregational Church 1.22 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 1.22 0.00 X Street Landscaping & Lighting On Jackson Street

309 136100480 51 S Jackson St Brian B Lippincott/Christal L Lippincott, Crystal Computer C 0.15 36,400 198,300 ‐ ‐ 234,700 99.14% 36,716 200,020 ‐ ‐ 236,736 X 0.15 0.00 Street Landscaping & Lighting On Jackson Street

310 136100603 221 Dodge St Family YMCA of Rock County 1.46 ‐ 21,500 ‐ ‐ 21,500 99.14% ‐ 21,687 ‐ ‐ 21,687 X 1.46 0.00 X Street Landscaping & Lighting On Jackson Street

311 136100602 200 W Court St Boys & Girls Club of Jsvl 2.04 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 0.00 X Court Street Conversion

312 136100351 69 S River St City of Janesville 0.28 48,400 ‐ ‐ ‐ 48,400 99.14% 48,820 ‐ ‐ ‐ 48,820 X 0.28 0.00 X Future Great Lawn Site

313 136100350 65 S River St City of Janesville 0.15 25,900 2,700 ‐ ‐ 28,600 99.14% 26,125 2,723 ‐ ‐ 28,848 X 0.15 0.00 X Future Great Lawn Site

314 136100349 55 S River St City of Janesville 0.35 48,900 182,300 ‐ ‐ 231,200 99.14% 49,324 183,881 ‐ ‐ 233,206 X 0.35 0.00 X Future Great Lawn Site

315 136100348 51 S River St City of Janesville 0.05 7,000 144,300 ‐ ‐ 151,300 99.14% 7,061 145,552 ‐ ‐ 152,612 X 0.05 0.00 Future Great Lawn Site

316 136100511 2 W Court St City of Janesville Parking Plaza 2.99 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 2.99 0.00 X Parking Plaza to Be Removed

317 136100005 15 W Milwaukee St Campbell Survivors Trust Carol H Campbell c/o Siegel Galla 0.48 115,200 1,177,200 ‐ 4,480 1,296,880 99.14% 116,199 1,187,412 ‐ 4,519 1,308,130 X 0.48 0.00 Potential Private Improvements of Existing Building

318 136100343 21 W Milwaukee St Corey Properties LLC 0.10 23,200 196,800 ‐ 3,500 223,500 99.14% 23,401 198,507 ‐ 3,530 225,439 X 0.10 0.00 Potential Private Improvements of Existing Building

319 136100344 25 W Milwaukee St Dale F & Judy T Shumway Corey Properties LLC 0.10 22,900 177,600 ‐ 13,820 214,320 99.14% 23,099 179,141 ‐ 13,940 216,179 X 0.10 0.00 Potential Private Improvements of Existing Building

320 136100345 27 W Milwaukee St Kyle S Mielke 0.04 10,500 65,500 ‐ 7,110 83,110 99.14% 10,591 66,068 ‐ 7,172 83,831 X 0.04 0.00 Potential Private Improvements of Existing Building

321 136100346 29‐31 W Milwaukee St Kimball Properties 31 LLC 0.13 32,100 596,500 ‐ 8,050 636,650 99.14% 32,378 601,674 ‐ 8,120 642,173 X 0.13 0.00 Potential Private Improvements of Existing Building

322 136100347 17 S River St IBEW Local Union 890 0.26 36,500 327,300 ‐ 15,920 379,720 99.14% 36,817 330,139 ‐ 16,058 383,014 X 0.26 0.00 Future Signature Civic Building Site

323 136100361 24 S River St Legendary Development LLC 0.06 9,800 84,000 ‐ ‐ 93,800 99.14% 9,885 84,729 ‐ ‐ 94,614 0.00



326 136100358 14 S River St Legendary Development LLC 0.11 19,500 79,000 ‐ 4,540 103,040 99.14% 19,669 79,685 ‐ 4,579 103,934 0.00

327 136100353 101 W Milwaukee St Benjamin Shult 0.11 26,600 178,100 ‐ 5,900 210,600 99.14% 26,831 179,645 ‐ 5,951 212,427 X 0.11 0.00 West Milwaukee Street Improvements

328 136100355 105 W Milwaukee St Beauty Babes LLC 0.11 27,200 133,300 ‐ 6,730 167,230 99.14% 27,436 134,456 ‐ 6,788 168,681 X 0.11 0.00 West Milwaukee Street Improvements

329 136100356 109 W Milwaukee St Yahn Building LLC 0.06 13,300 115,600 ‐ 34,840 163,740 99.14% 13,415 116,603 ‐ 35,142 165,160 X 0.06 0.00 West Milwaukee Street Improvements

330 136100357 111 W Milwaukee St Richter Realty Properties LLC 0.06 13,300 70,000 ‐ 1,080 84,380 99.14% 13,415 70,607 ‐ 1,089 85,112 X 0.06 0.00 West Milwaukee Street Improvements

331 136100386 113 W Milwaukee St Arthur Eklund Theresa Eklund 0.11 26,600 310,300 ‐ 14,000 350,900 99.14% 26,831 312,992 ‐ 14,121 353,944 X 0.11 0.00 West Milwaukee Street Improvements

332 136100385 117 W Milwaukee St Cynthia M Castagna 0.06 13,300 112,400 ‐ 2,290 127,990 99.14% 13,415 113,375 ‐ 2,310 129,100 X 0.06 0.00 West Milwaukee Street Improvements

333 136100384 119 W Milwaukee St Newell Enterprises of Janesville LLC 0.06 13,300 190,100 ‐ 9,560 212,960 99.14% 13,415 191,749 ‐ 9,643 214,807 X 0.06 0.00 West Milwaukee Street Improvements

334 136100383 121 W Milwaukee St William J Sodeman 0.06 13,900 95,900 ‐ ‐ 109,800 99.14% 14,021 96,732 ‐ ‐ 110,752 X 0.06 0.00 West Milwaukee Street Improvements

335 136100382 123 W Milwaukee St William J Sodemann 0.06 13,900 143,600 ‐ 12,850 170,350 99.14% 14,021 144,846 ‐ 12,961 171,828 X 0.06 0.00 West Milwaukee Street Improvements

336 136100509 15 S Franklin St City of Janesville 0.40 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

337 136100381 21 S Jackson St Kealey Revocable Trust James P & Evelyn A Kealey 0.82 195,400 403,100 ‐ 46,880 645,380 99.14% 197,095 406,597 ‐ 47,287 650,978 X 0.82 0.00 Street Landscaping & Lighting On Jackson Street

338 136100387 203 W Milwaukee St City of Janesville 0.25 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 0.25 0.00 X West Milwaukee Street Improvements

339 136100388 209 W Milwaukee St Kevin R Riley 0.06 9,800 108,600 ‐ 26,680 145,080 99.14% 9,885 109,542 ‐ 26,911 146,339 X 0.06 0.00 West Milwaukee Street Improvements

340 136100020 211 W Milwaukee St Jamesville Properties LLC, James Alverson 0.13 31,600 164,600 ‐ ‐ 196,200 99.14% 31,874 166,028 ‐ ‐ 197,902 X 0.13 0.00 West Milwaukee Street Improvements

341 136100471 217 W Milwaukee St Jamesville Properties LLC 0.04 9,200 72,100 ‐ 70 81,370 99.14% 9,280 72,725 ‐ 71 82,076 X 0.04 0.00 West Milwaukee Street Improvements

342 136100470 219 W Milwaukee St Kevin R Riley 0.04 9,200 69,400 ‐ 16,110 94,710 99.14% 9,280 70,002 ‐ 16,250 95,532 X 0.04 0.00 West Milwaukee Street Improvements

343 136100469 221 W Milwaukee St Kealey Revocable Trust James P & Evelyn A Kealey 0.29 55,400 127,300 ‐ 1,130 183,830 99.14% 55,881 128,404 ‐ 1,140 185,425 X 0.29 0.00 Street Landscaping & Lighting On Jackson Street

344 136100468 301 W Milwaukee St FABULOUS INC Theodore Craig & Cynthia Bloom 0.03 8,000 117,300 ‐ 12,180 137,480 99.14% 8,069 118,318 ‐ 12,286 138,673 X 0.03 0.00 Street Landscaping & Lighting On Jackson Street

345 136100467 303 W Milwaukee St Duckworth Revocable Trust Leonard W Duckworth 0.10 20,200 180,900 ‐ ‐ 201,100 99.14% 20,375 182,469 ‐ ‐ 202,844 X 0.10 0.00 West Milwaukee Street Improvements

3/29/2016 Page 15

Draft



Map

Ref #

Parcel


Existing


Equalized


Wis. Stat. §

66.1337

(2m)(a)1.

Wis. Stat. §

66.1337

(2m)(a)2.

Wis. Stat. §

66.1337

(2m)(a)3.

Wis. Stat. §

66.1337

(2m)(a)4.

AcresVacant

Acres





Supporting Comments


346 136100465 307 W Milwaukee St Alfredo B Villarreal Juanita P Villarrel 0.05 9,000 89,400 ‐ 9,700 108,100 99.14% 9,078 90,176 ‐ 9,784 109,038 X 0.05 0.00 West Milwaukee Street Improvements

347 136100464 309 W Milwaukee St Kurtis A Offerdahl 0.07 11,100 104,600 ‐ ‐ 115,700 99.14% 11,196 105,507 ‐ ‐ 116,704 X 0.07 0.00 West Milwaukee Street Improvements

348 136100499 10 S Jackson St Kurtis A Offerdahl 0.07 9,100 2,200 ‐ ‐ 11,300 99.14% 9,179 2,219 ‐ ‐ 11,398 X 0.07 0.07 Street Landscaping & Lighting On Jackson Street

349 136100474 12 S Jackson St Leonard Duckworth 0.06 9,900 2,300 ‐ ‐ 12,200 99.14% 9,986 2,320 ‐ ‐ 12,306 X 0.06 0.06 Street Landscaping & Lighting On Jackson Street

350 136100023 14 S Jackson St Forward Janesville Inc 0.06 14,300 227,800 ‐ 13,970 256,070 99.14% 14,424 229,776 ‐ 14,091 258,291 X 0.06 0.00 Street Landscaping & Lighting On Jackson Street

351 136100024 14 S Jackson St Forward Janesville Inc 0.03 7,600 161,700 ‐ ‐ 169,300 99.14% 7,666 163,103 ‐ ‐ 170,769 X 0.03 0.00 Street Landscaping & Lighting On Jackson Street

352 136100025 22 S Jackson Helgesen Real Estate II LLC 0.06 12,200 408,400 ‐ 8,470 429,070 99.14% 12,306 411,943 ‐ 8,543 432,792 X 0.06 0.00 Street Landscaping & Lighting On Jackson Street

353 136100026 26 S Jackson St Helgesen Real Estate II LLC 0.06 15,200 405,400 ‐ ‐ 420,600 99.14% 15,332 408,917 ‐ ‐ 424,249 X 0.06 0.00 Street Landscaping & Lighting On Jackson Street

354 136100525 310 Dodge St City of Janesville 0.19 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

355 136100041 318 Dodge St Jeffris Flats LLC 0.21 44,000 200,600 ‐ ‐ 244,600 99.14% 44,382 202,340 ‐ ‐ 246,722 0.00 X

356 136100040 319 W Milwaukee St Certified Parts Corporation 0.29 37,700 6,200 ‐ ‐ 43,900 99.14% 38,027 6,254 ‐ ‐ 44,281 X 0.29 0.29 West Milwaukee Street Improvements


358 136100493 5 S High St Certified Parts Corporation 0.30 48,600 236,400 ‐ ‐ 285,000 99.14% 49,022 238,451 ‐ ‐ 287,472 X X 0.30 0.00 West Milwaukee Street Improvements/Order to Correct

359 136100414 401 W Milwaukee St Sandra Alvarez 0.09 15,000 85,500 ‐ 6,860 107,360 99.14% 15,130 86,242 ‐ 6,920 108,291 X 0.09 0.00

360 136100415 405 W Milwaukee St Certified Parts Corporation 0.06 10,100 40,200 2,800 ‐ 53,100 99.14% 10,188 40,549 2,824 ‐ 50,736 X 0.06 0.00 West Milwaukee Street Improvements

361 136100416 407 W Milwaukee St Richard A Erdman 0.05 8,300 54,700 500 ‐ 63,500 99.14% 8,372 55,175 504 ‐ 63,546 X 0.05 0.00 West Milwaukee Street Improvements

362 136100417 409 W Milwaukee St Richard A Erdman 0.10 16,500 106,200 ‐ 550 123,250 99.14% 16,643 107,121 ‐ 555 124,319 X 0.10 0.00 West Milwaukee Street Improvements


364 136100419 415 W Milwaukee St The Developing Edge LLC 0.10 16,500 128,400 1,900 6,860 153,660 99.14% 16,643 129,514 1,916 6,920 153,076 X 0.10 0.00 West Milwaukee Street Improvements

365 136100420 419 W Milwaukee St The Developing Edge LLC 0.05 8,300 20,900 ‐ ‐ 29,200 99.14% 8,372 21,081 ‐ ‐ 29,453 X 0.05 0.00 West Milwaukee Street Improvements

366 136100421 421 W Milwaukee St Jax Graphix Dennis Vindedahl 0.10 19,600 66,500 ‐ ‐ 86,100 99.14% 19,770 67,077 ‐ ‐ 86,847 X 0.10 0.00 X West Milwaukee Street Improvements

367 136100502 10 S High St Kandu Industries Inc 0.54 88,200 893,000 ‐ 237,330 1,218,530 99.14% 88,965 900,746 ‐ 239,389 1,229,100 0.00

368 136100423 21 S Academy St Developing Edge LLC 0.13 11,000 110,400 ‐ ‐ 121,400 99.14% 11,095 111,358 ‐ ‐ 122,453 0.00

369 136100422 17 S Academy St Burr Rote 0.14 18,100 69,500 1,400 1,100 90,100 99.14% 18,257 70,103 1,412 1,110 89,469 0.00

370 136100424 15 S Academy St Certified Parts Corp 0.10 13,600 ‐ ‐ ‐ 13,600 99.14% 13,718 ‐ ‐ ‐ 13,718 0.10

371 136100450 606 W Milwaukee St Five Point Mobil Inc 0.37 75,500 553,800 77,600 20,580 727,480 99.14% 76,155 558,604 78,273 20,759 655,517 X 0.37 0.00 West Milwaukee Street Improvements

372 136100443 522 W Milwaukee St Michael Buggs Ronald Schyvinck 0.06 9,100 ‐ 1,900 ‐ 11,000 99.14% 9,179 ‐ 1,916 ‐ 9,179 X 0.06 0.06 West Milwaukee Street Improvements

373 136100444 500 W Milwaukee St SRB on Milwaukee LLC 0.62 100,700 390,700 ‐ 5,400 496,800 99.14% 101,574 394,089 ‐ 5,447 501,110 X 0.62 0.00 West Milwaukee Street Improvements

374 136100522 14 N Locust St Michael S Buggs 0.36 63,200 180,400 ‐ 46,490 290,090 99.14% 63,748 181,965 ‐ 46,893 292,606 0.00

375 136100447 509 W Centerway Robert J Beyer Steven Rumage 0.43 75,400 159,900 ‐ 96,280 331,580 99.14% 76,054 161,287 ‐ 97,115 334,456 0.00

376 136100404 420 W Milwaukee St Moeterri LLC 0.12 19,100 61,900 2,300 3,420 86,720 99.14% 19,266 62,437 2,320 3,450 85,152 X 0.12 0.00 West Milwaukee Street Improvements

377 136100405 418 W Milwaukee St Nordland 544 Building Assoc Attn Bldg Assoc President 0.12 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 0.12 0.00 X West Milwaukee Street Improvements

378 136100406 414 W Milwaukee St Eagles Lodge #2140 0.06 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 0.06 0.00 X West Milwaukee Street Improvements

379 136100407 412 W Milwaukee St Lee Foster 0.06 9,600 69,200 ‐ ‐ 78,800 99.14% 9,683 69,800 ‐ ‐ 79,484 X 0.06 0.00 West Milwaukee Street Improvements

380 136100408 410 W Milwaukee St Edward Benson Susan Benson 0.17 27,400 111,700 ‐ 500 139,600 99.14% 27,638 112,669 ‐ 504 140,811 X 0.17 0.00 West Milwaukee Street Improvements

381 136100409 400 W Milwaukee St Legendary Development LLC 0.19 30,900 119,500 700 2,200 153,300 99.14% 31,168 120,537 706 2,219 153,924 X 0.19 0.00 West Milwaukee Street Improvements

382 136100410 15 N High St Bernerd E Elmer 0.20 38,500 188,000 ‐ 900 227,400 99.14% 38,834 189,631 ‐ 908 229,373 0.00

383 136100412 14 N Academy St Bernerd E Elmer 0.25 32,400 42,500 ‐ ‐ 74,900 99.14% 32,681 42,869 ‐ ‐ 75,550 X 0.25 0.00 IBC 1403 IBC 1405.1

384 136100021 19 N High St Bennison and Lane LLC 0.63 81,900 343,700 ‐ ‐ 425,600 99.14% 82,610 346,681 ‐ ‐ 429,292 0.00

385 136100022 19 N High St Mulrooney Building LLC 0.29 38,500 427,400 ‐ 57,820 523,720 99.14% 38,834 431,108 ‐ 58,322 528,263 0.00

386 136100497 22 N High St City of Janesville Parking Lot 0.07 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

387 136100498 313 W Wall St Gerald R Lynch 0.14 18,100 ‐ 2,800 ‐ 20,900 99.14% 18,257 ‐ 2,824 ‐ 18,257 0.14

388 136100496 314 W Milwaukee St Stateline Properties LLC 0.71 115,600 377,700 ‐ 1,920 495,220 99.14% 116,603 380,976 ‐ 1,937 499,516 X 0.71 0.00 West Milwaukee Street Improvements

389 136100457 306 W Milwaukee St City of Janesville Jean Ann Wulf 0.12 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 0.12 0.00 X West Milwaukee Street Improvements

390 136100456 15 N Jackson St G&M Lynch Properties LLC 0.39 54,800 102,200 ‐ 10,830 167,830 99.14% 55,275 103,087 ‐ 10,924 169,286 X 0.39 0.00 Street Landscaping & Lighting On Jackson Street

391 136100455 17 N Jackson St 1st Presbyterian Church 0.22 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 0.22 0.00 X Street Landscaping & Lighting On Jackson Street

392 136100505 18 N Jackson St City of Janesville 0.55 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 0.55 0.00 X Street Landscaping & Lighting On Jackson Street

393 136100459 222 W Milwaukee St Jamesville Properties LLC 0.06 14,600 81,700 ‐ 3,030 99,330 99.14% 14,727 82,409 ‐ 3,056 100,192 X 0.06 0.00 Potential Private Improvements of Existing Building

394 136100460 220 W Milwaukee St Jamesville Properties LLC 0.06 14,700 84,400 ‐ ‐ 99,100 99.14% 14,828 85,132 ‐ ‐ 99,960 X 0.06 0.00 Potential Private Improvements of Existing Building

395 136100461 218 W Milwaukee St ORC 214 LLC 0.06 14,300 73,000 ‐ 780 88,080 99.14% 14,424 73,633 ‐ 787 88,844 X 0.06 0.00 Potential Private Improvements of Existing Building

396 136100463 214 W Milwaukee St ORC 214 LLC 0.12 29,000 229,300 ‐ 167,950 426,250 99.14% 29,252 231,289 ‐ 169,407 429,948 X 0.12 0.00 Potential Private Improvements of Existing Building

397 136100390 200 W Milwaukee St City of Janesville 0.43 81,900 202,400 ‐ 58,180 342,480 99.14% 82,610 204,156 ‐ 58,685 345,451 X 0.43 0.00 X Redevelopment Site/Future Mixed Use Development

398 136100391 13 N Franklin St Steven P Milz Holly L Milz 0.04 7,000 100,800 200 ‐ 108,000 99.14% 7,061 101,674 202 ‐ 108,735 0.00

399 136100392 15 N Franklin St Franklin Street Property Investments LLC Stacey Revocable 0.04 7,000 102,800 ‐ ‐ 109,800 99.14% 7,061 103,692 ‐ ‐ 110,752 X 0.04 0.00 COJ 15.01.050 E. (5) Alterations and Repairs Required

400 136100506 21 N Franklin St City Of Janesville City Attorneys Office 0.16 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.16

401 136100521 120 W Milwaukee St City of Janesville Memorial Park 0.09 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

402 136100330 100 W Milwaukee St Banc One Corporation/%Industry Consulting Group Inc, Att 1.48 355,200 2,310,300 ‐ 168,130 2,833,630 99.14% 358,281 2,330,341 ‐ 169,588 2,858,211 X X X 1.48 0.00 Redevelopment Site/Future Mixed Use Development

403 136100338 28 W Milwaukee St City of Janesville 0.33 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 0.33 0.00 X Redevelopment Site/Future Mixed Use Development

404 136100012 20 W Milwaukee St City of Janesville 0.65 113,300 ‐ ‐ ‐ 113,300 99.14% 114,283 ‐ ‐ ‐ 114,283 X 0.65 0.00 X Redevelopment Site/Future Mixed Use Development

405 136100011 102 N River St Heartland Janesville Riverplace, Oakbrook Corp 1.45 162,800 1,285,000 ‐ 22,630 1,470,430 99.14% 164,212 1,296,147 ‐ 22,826 1,483,185 0.00

406 136100028 100 N Franklin St Janesville RH LLC 1.24 203,500 1,568,000 ‐ 2,410 1,773,910 99.14% 205,265 1,581,602 ‐ 2,431 1,789,298 0.00

407 136100010 120 N River St Greenfeather Eight LLC 1.26 96,200 668,400 ‐ 2,260 766,860 99.14% 97,034 674,198 ‐ 2,280 773,512 0.00

408 136100599 230 N River St City of Janesville Rock River Walkway 0.58 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

409 136100333 15 W Centerway Midwest Hydro Inc a/k/a Midwest Hydro LLC 0.48 33,500 88,500 1,100 9,300 132,400 99.14% 33,791 89,268 1,110 9,381 132,439 0.00

410 136100030 200 N River St City of Janesville 0.21 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

411 136100601 204 N Franklin St Cotton Mills Exchange LLC 1.74 258,500 1,904,200 ‐ 4,190 2,166,890 99.14% 260,742 1,920,718 ‐ 4,226 2,185,687 0.00

412 136100211 221 N Franklin St Richard D Donahue 0.36 82,500 226,600 ‐ 590 309,690 99.14% 83,216 228,566 ‐ 595 312,376 0.00

413 136100209 215 N Franklin St City of Janesville 0.18 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.18

414 136100208 201 N Franklin St Kitelinger Properties LLC 0.26 34,500 38,000 6,300 1,600 80,400 99.14% 34,799 38,330 6,355 1,614 74,743 0.00

415 136100207 210 Laurel Ave City of Janesville 0.03 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.03

3/29/2016 Page 16

Draft



Map

Ref #

Parcel


Existing


Equalized


Wis. Stat. §

66.1337

(2m)(a)1.

Wis. Stat. §

66.1337

(2m)(a)2.

Wis. Stat. §

66.1337

(2m)(a)3.

Wis. Stat. §

66.1337

(2m)(a)4.

AcresVacant

Acres





Supporting Comments


416 136100216 206 N Jackson St City of Janesville 0.49 64,400 125,700 ‐ ‐ 190,100 99.14% 64,959 126,790 ‐ ‐ 191,749 X 0.49 0.00 X Street Landscaping & Lighting On Jackson Street; Jackson St. & Centerway Intersection

417 136100200 100 N Jackson St City of Janesville 1.47 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 1.47 0.00 X Street Landscaping & Lighting On Jackson Street; Jackson St. & Centerway Intersection

418 136100194 101 N Franklin St City of Janesville 0.16 21,400 45,900 ‐ ‐ 67,300 99.14% 21,586 46,298 ‐ ‐ 67,884 0.00 X

419 136100508 105 N Jackson St City of Janesville 0.94 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 0.94 0.00 X Street Landscaping & Lighting On Jackson Street

420 136100203 115 N Jackson St Cascade Property Development LLC 0.19 24,700 86,700 7,400 ‐ 118,800 99.14% 24,914 87,452 7,464 ‐ 112,366 X 0.19 0.00 Street Landscaping & Lighting On Jackson Street

421 136100202 123 N Jackson St Guge LLC 0.10 16,800 82,100 ‐ 3,110 102,010 99.14% 16,946 82,812 ‐ 3,137 102,895 X 0.10 0.00 Street Landscaping & Lighting On Jackson Street; Jackson St. & Centerway Intersection

422 136100037 400 W Centerway Fazzini Family Trust, Gabriel & Karen Fazzini 1.10 153,000 294,800 59,600 ‐ 507,400 99.14% 154,327 297,357 60,117 ‐ 451,684 0.00

423 136100307 510 W Centerway Deanna L Ahrens 0.53 29,400 45,500 2,400 3,720 81,020 99.14% 29,655 45,895 2,421 3,752 79,302 0.00

424 136100308 610 W Centerway Arthur T Donaldson 0.32 14,000 ‐ ‐ ‐ 14,000 99.14% 14,121 ‐ ‐ ‐ 14,121 0.32

425 136100700 119 N Academy St WI Department of Transportation (Railroad) 0.61 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

426 135200504 1000 W Court St WI & Southern Railroad Co 0.02 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

427 135200356 15 Madison St J & W Transfer‐Storage 1.00 55,600 167,000 ‐ 16,860 239,460 99.14% 56,082 168,449 ‐ 17,006 241,537 0.00

428 135200355 1022 W Court St TLC Properties Inc 0.08 7,600 ‐ ‐ ‐ 7,600 99.14% 7,666 ‐ ‐ ‐ 7,666 0.08

429 135200311 1010 W Wall St Raymond W Hurley 0.29 20,500 56,200 6,700 ‐ 83,400 99.14% 20,678 56,688 6,758 ‐ 77,365 0.00

430 136100154 622 W Wall St J&W Transfer 0.23 16,300 217,500 ‐ ‐ 233,800 99.14% 16,441 219,387 ‐ ‐ 235,828 0.00

431 136100080 610 W Wall St D&J Warehousing 0.93 65,100 104,100 ‐ ‐ 169,200 99.14% 65,665 105,003 ‐ ‐ 170,668 0.00

432 136100155 118 Madison St Danielle Anderson 0.12 9,500 76,900 ‐ ‐ 86,400 99.14% 9,582 77,567 ‐ ‐ 87,149 0.00

433 136100156 615 Laurel Ave Janesville Area Properties LLC 0.17 14,600 51,100 ‐ ‐ 65,700 99.14% 14,727 51,543 ‐ ‐ 66,270 0.00

434 136100157 607 Laurel Ave Burr Oak Properties LLC 0.18 14,000 41,100 ‐ ‐ 55,100 99.14% 14,121 41,457 ‐ ‐ 55,578 0.00

435 136100158 603 Laurel Ave James Grafft 0.28 16,800 54,000 11,000 ‐ 81,800 99.14% 16,946 54,468 11,095 ‐ 71,414 0.00

436 136100038 507 Laurel Ave JBR LLC 0.55 38,300 123,100 1,600 7,330 170,330 99.14% 38,632 124,168 1,614 7,394 170,194 0.00

437 136100165 526 Laurel Ave Aaron G Aegerter & Stephanie Lynn Aegerter 0.20 16,400 53,600 700 ‐ 70,700 99.14% 16,542 54,065 706 ‐ 70,607 0.00

438 136100166 520 Laurel Ave Myral Miller & Sharon Miller 0.26 16,300 ‐ 3,000 ‐ 19,300 99.14% 16,441 ‐ 3,026 ‐ 16,441 0.26

439 136100167 207 N Academy St Greene Bros Holdings Inc 0.91 63,400 135,500 1,300 ‐ 200,200 99.14% 63,950 136,675 1,311 ‐ 200,625 0.00

440 136100309 222 N Academy St Lydia Limited LLC 1.11 155,200 993,400 ‐ ‐ 1,148,600 99.14% 156,546 1,002,017 ‐ ‐ 1,158,564 0.00

441 136100398 400 Laurel Ave WI Department of Transportation Railroad 0.66 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

442 136100400 310 W Centerway Aramark Uniform Services Tax Dept 1.32 91,800 317,100 ‐ 57,430 466,330 99.14% 92,596 319,851 ‐ 57,928 470,375 X 1.32 0.00 Street Landscaping & Lighting On Jackson Street; Jackson St. & Centerway Intersection

443 136100233 231 N Jackson St WI Department of Transportation (Railroad) 0.75 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ X 0.75 0.00 X Street Landscaping & Lighting On Jackson Street; Jackson St. & Centerway Intersection

444 136100310 315 Race St Kurt Buggs 0.43 29,700 61,900 2,600 2,000 96,200 99.14% 29,958 62,437 2,623 2,017 94,412 X 0.43 0.00 Street Landscaping & Lighting On Jackson Street; Jackson St. & Centerway Intersection

445 136100214 218 W Centerway Union Pacific Railroad Prop Tax Dept 0.02 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

446 136100212 206 W Centerway Union Pacific Railroad Co Prop Tax Dept 0.05 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

447 136100218 303 N Franklin St Jason Grover, Beatriz O Hernandez de Grover 0.13 TID 33 10,900 70,800 ‐ ‐ 81,700 99.14% 10,995 71,414 ‐ ‐ 82,409 0.00

448 136100217 208 Race St Jason Grover, Beatriz O Hernandez de Grover 0.13 TID 33 7,000 ‐ 500 ‐ 7,500 99.14% 7,061 ‐ 504 ‐ 7,061 0.13

449 136100219 311 N Franklin St Elmer Janesville Investments 0.62 TID 33 54,100 ‐ 9,000 ‐ 63,100 99.14% 54,569 ‐ 9,078 ‐ 54,569 0.62

450 136100221 337 N Franklin St City of Janesville 0.28 TID 33 18,000 56,500 ‐ ‐ 74,500 99.14% 18,156 56,990 ‐ ‐ 75,146 0.28

451 136100193 340 N Franklin St Elmer Janesville Investments, Attn Bernard Elmer 0.88 TID 33 76,800 159,500 2,500 ‐ 238,800 99.14% 77,466 160,884 2,522 ‐ 238,350 0.00

452 136100192 309 N River St Townhall Group 0.18 TID 33 6,300 ‐ 1,000 ‐ 7,300 99.14% 6,355 ‐ 1,009 ‐ 6,355 0.18

453 136100191 302 N Franklin St Iowa Chicago & Eastern Railroad Corp 0.03 TID 33 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

454 136100190 300 N Franklin St Union Pacific Railroad Property Tax 0.09 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

455 136100004 300 N River St JBRC Investments Ltd. 0.48 42,800 190,900 ‐ 4,490 238,190 99.14% 43,171 192,556 ‐ 4,529 240,256 0.00

456 136100517 100 W Centerway City of Janesville Rock River Walkway 0.09 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

457 136100185 306 N River St Union Pacific Railroad Co 0.19 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

458 136100184 310 N River St WI Department of Transportation 0.22 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

459 136100182 320 N River St Union Pacific Railroad Co 0.73 ‐ ‐ ‐ ‐ ‐ 99.14% ‐ ‐ ‐ ‐ ‐ 0.00 X

Total Acreage 164.55 15,734,100 65,948,600 567,900 4,232,210 86,482,810 15,870,587 66,520,678 572,826 4,268,923 86,660,188 85.35 21.9

51.87% 13.31%

Estimated Base Value 86,660,188

NOTES:1Values shown are 1‐1‐2015 assessed values. Actual TID base value will be determined using 1‐1‐2016 assessed values which are not currently available.2Ratio taken from DOR Preliminary Major Class Comparison Report for 2015 dated October 28, 2015.3Carrying out plans for a program of voluntary or compulsory repair and rehabilitation of buildings or other improvements. 4Acquisition of real property and demolition, removal or rehabilitation of buildings and improvements on the property where necessary to eliminate unhealthful, unsanitary or unsafe conditions, lessen density, reduce traffic hazards, eliminate obsolete or other uses detrimental to the public welfare, to otherwise remove or prevent the spread of blight or deterioration, or to provide land for needed public facilities. 5Installation, construction or reconstruction of streets, utilities, parks, playgrounds, and other improvements necessary for carrying out the objectives of the urban renewal project. 6The disposition, for uses in accordance with the objectives of the urban renewal project, of any property acquired in the area of the project. The disposition shall be in the manner prescribed in this section for the disposition of property in a redevelopment project area. 7Exempt parcel owned by the City determined to be not vacant regardless of presence of physical improvements based on current or planned future use for perpetual public purposes including parks and greenspace, municipal facilities and public parking.8Unless otherwise specified, source of information supporting finding is the ARISE Plan dated January 28, 2015.9Based on discussion with City staff on February 19, 2016.

3/29/2016 Page 17

Draft


SECTION 6: Equalized Value Test

The following calculations demonstrate that the City expects to be in compliance with Wisconsin Statutes Section 66.1105(4)(gm)4.c. which requires that the equalized value of the taxable property in the proposed District, plus the value increment of all existing tax incremental districts, not exceed 12% of the total equalized value of all taxable property within the City. The equalized value of the increment of existing tax incremental districts within the City, plus the base value of the proposed District, totals $192,380,688. This value is less than the maximum of $478,472,808 in equalized value that is permitted for the City of Janesville. The City therefore anticipates that it will be in compliance with the statutory equalized valuation test and may proceed with creation of this District.

Creation Date 5/23/2016

Valuation Data Percent Valuation Data

Currently Available Change Est. Creation Date

2015

Total EV (TID In) 3,987,273,400 1.00% 4,027,146,134

12% Test 478,472,808 478,472,808

Total Existing Increment 105,720,500 105,720,500

Projected Base of New or Amended District 86,660,188 1.00% 87,526,789

Total Value Subject to 12% Test 192,380,688 193,247,289

Compliance PASS PASS

City of Janesville, Wisconsin

Tax Increment District # 36

Valuation Test Compliance Calculation

Page 18

Draft


SECTION 7: Statement of Kind, Number and Location of Proposed Public Works and Other Projects

Project Costs are any expenditure made, estimated to be made, or monetary obligations incurred or estimated to be incurred, by the City as outlined in this Plan. Project Costs will be diminished by any income, special assessments or other revenues, including user fees or charges received. To the extent the costs of a Project benefit the City outside the District that proportionate share of the cost is not a Project Cost. Costs identified in this Plan are preliminary estimates made prior to design considerations and are subject to change after planning is completed. Pro-ration of costs in the Plan are also estimates and subject to change based upon implementation, future assessment policies and user fee adjustments. The following is a list of public works and other TIF-eligible projects that the City may need to implement in conjunction with this District. Any costs necessary or convenient to the creation of the District or directly or indirectly related to the public works and other projects are considered Project Costs and eligible to be paid with tax increment revenues of the District.

Property, Right-of-Way and Easement Acquisition Property Acquisition for Development or Redevelopment In order to promote and facilitate development and/or redevelopment the City may acquire property within the District. The cost of property acquired, and any costs associated with the transaction, are eligible Project Costs. Following acquisition, other Project Costs within the categories detailed in this Section may be incurred in order to make the property suitable for development or redevelopment. Any revenue received by the City from the sale of property acquired pursuant to the execution of this Plan will be used to reduce the total project costs of the District. If total Project Costs incurred by the City to acquire property and make it suitable for development or redevelopment exceed the revenues or other consideration received from the sale or lease of that property, the net amount shall be considered “real property assembly costs” as defined in Wisconsin Statutes Section 66.1105(2)(f)1.c. and subject to recovery as an eligible Project Cost. Property Acquisition for Conservancy In order to promote the objectives of this Plan, the City may need to acquire property within the District that it will designate for conservancy. These conservancy objectives include: preserving historic resources or sensitive natural features; protection of scenic and historic views; maintaining habitat for wildlife; maintaining adequate open space; reduction of erosion and sedimentation by preserving existing vegetation; and providing adequate areas for management of stormwater. The cost of property acquired for conservancy, and any costs associated with the transaction, are eligible Project Costs. Acquisition of Rights-of-Way The City may need to acquire property to allow for installation of streets, driveways, sidewalks, utilities, stormwater management practices and other public infrastructure. Costs incurred by the City to identify, negotiate and acquire rights-of-way are eligible Project Costs.

Page 19

Draft


Acquisition of Easements The City may need to acquire temporary or permanent easements to allow for installation and maintenance of streets, driveways, sidewalks, utilities, stormwater management practices and other public infrastructure. Costs incurred by the City to identify, negotiate and acquire easement rights are eligible Project Costs. Relocation Costs If relocation expenses are incurred in conjunction with the acquisition of property, those expenses are eligible Project Costs. These costs may include, but are not limited to: preparation of a relocation plan; allocations of staff time; legal fees; publication of notices; obtaining appraisals; and payment of relocation benefits.

Site Preparation Activities Environmental Audits and Remediation Any cost incurred by the City related to environmental audits, testing, and remediation’s are eligible Project Costs. Demolition In order to make sites suitable for development or redevelopment, the City may incur costs related to demolition and removal of structures or other land improvements, to include abandonment of wells or other existing utility services. Site Grading Land within the District may require grading to make it suitable for development and/or redevelopment, to provide access, and to control stormwater runoff. The City may need to remove and dispose of excess material, or bring in fill material to provide for proper site elevations. Expenses incurred by the City for site grading are eligible Project Costs.

Utilities Sanitary Sewer System Improvements To allow development or redevelopment to occur, the City may need to construct, alter, rebuild or expand sanitary sewer infrastructure within the District. Eligible Project Costs include, but are not limited to, construction, alteration, rebuilding or expansion of: collection mains; manholes and cleanouts; service laterals; force mains; interceptor sewers; pumping stations; lift stations; wastewater treatment facilities; and all related appurtenances. To the extent sanitary sewer projects undertaken within the District provide direct benefit to land outside of the District, the City will make an allocation of costs based on such benefit. Those costs corresponding to the benefit allocated to land within the District, and necessitated by the implementation of the Project Plan, are eligible Project Costs. Implementation of the Project Plan may also require that the City construct, alter, rebuild or expand sanitary sewer infrastructure located outside of the District. That portion of the costs of sanitary sewer system projects undertaken outside the District which are necessitated by the implementation of the Project Plan are eligible Project Costs. Water System Improvements To allow development or redevelopment to occur, the City may need to construct, alter, rebuild or expand water system infrastructure within the District. Eligible Project Costs include, but are not limited to, construction, alteration, rebuilding or expansion of: distribution mains; manholes and valves; hydrants;

Page 20

Draft


service laterals; pumping stations; wells; water treatment facilities; storage tanks and reservoirs; and all related appurtenances. To the extent water system projects undertaken within the District provide direct benefit to land outside of the District, the City will make an allocation of costs based on such benefit. Those costs corresponding to the benefit allocated to land within the District, and necessitated by the implementation of the Project Plan, are eligible Project Costs. Implementation of the Project Plan may also require that the City construct, alter, rebuild or expand water system infrastructure located outside of the District. That portion of the costs of water system projects undertaken outside the District which are necessitated by the implementation of the Project Plan are eligible Project Costs. Stormwater Management System Improvements Development and redevelopment within the District will cause stormwater runoff and pollution. To manage this stormwater runoff, the City may need to construct, alter, rebuild or expand stormwater management infrastructure within the District. Eligible Project Costs include, but are not limited to, construction, alteration, rebuilding or expansion of: stormwater collection mains; inlets, manholes and valves; service laterals; ditches; culvert pipes; box culverts; bridges; stabilization of stream and river banks; and infiltration, filtration and detention Best Management Practices (BMP’s). To the extent stormwater management system projects undertaken within the District provide direct benefit to land outside of the District, the City will make an allocation of costs based on such benefit. Those costs corresponding to the benefit allocated to land within the District, and necessitated by the implementation of the Project Plan, are eligible Project Costs. Implementation of the Project Plan may also require that the City construct, alter, rebuild or expand stormwater management infrastructure located outside of the District. That portion of the costs of stormwater management system projects undertaken outside the District which are necessitated by the implementation of the Project Plan are eligible Project Costs. Electric Service In order to create sites suitable for development or redevelopment, the City may incur costs to provide, relocate or upgrade electric services. Relocation may require abandonment and removal of existing poles or towers, installation of new poles or towers, or burying of overhead electric lines. Costs incurred by the City to undertake this work are eligible Project Costs. Gas Service In order to create sites suitable for development or redevelopment, the City may incur costs to provide, relocate or upgrade gas mains and services. Costs incurred by the City to undertake this work are eligible Project Costs. Communications Infrastructure In order to create sites suitable for development or redevelopment, the City may incur costs to provide, relocate or upgrade infrastructure required for voice and data communications, including, but not limited to: telephone lines, cable lines and fiber optic cable. Costs incurred by the City to undertake this work are eligible Project Costs.

Streets and Streetscape Street Improvements To allow development or redevelopment to occur, the City may need to construct or reconstruct streets, highways, alleys, access drives and parking areas. Eligible Project Costs include, but are not limited to: excavation; removal or placement of fill; construction of road base; asphalt or concrete paving or repaving; installation of curb and gutter; installation of sidewalks and bicycle lanes; installation of culverts, box culverts and bridges; rail crossings and signals; utility relocation, to include burying

Page 21

Draft


overhead utility lines; street lighting; installation of traffic control signage and traffic signals; pavement marking; right-of-way restoration; installation of retaining walls; and installation of fences, berms, and landscaping. Streetscaping and Landscaping In order to attract development or redevelopment consistent with the objectives of this Plan, the City may install amenities to enhance development sites, rights-of-way and other public spaces. These amenities include, but are not limited to: landscaping; lighting of streets, sidewalks, parking areas and public areas; installation of planters, benches, clocks, tree rings, trash receptacles and similar items; and installation of brick or other decorative walks, terraces and street crossings. These and any other similar amenities installed by the City are eligible Project Costs.

Community Development Contribution to Community Development Authority (CDA) As provided for in Wisconsin Statues Sections 66.1105(2)(f)1.h and 66.1333(13), the City may provide funds to its CDA to be used for administration, planning operations, and capital costs, including but not limited to real property acquisition related to the purposes for which it was established in furtherance of any redevelopment or urban renewal project. Funds provided to the CDA for this purpose are eligible Project Costs. Revolving Loan/Grant Program To encourage private redevelopment consistent with the objectives of this Plan, the City, through its CDA, may provide loans and/or matching grants to eligible property owners in the District. Loan and/or matching grant recipients will be required to sign an agreement specifying the nature of the property improvements to be made. Eligible improvements will be those that are likely to improve the value of the property, enhance the visual appearance of the property and surrounding area, correct safety deficiencies, or as otherwise specified by the CDA in the program manual. Any funds returned to the CDA from the repayment of loans made are not considered revenues to the District, and will not be used to offset District Project Costs. Instead, these funds may be placed into a revolving fund and will continue to be used for the program purposes stated above. Any funds provided to the CDA for purposes of implementing this program are considered eligible Project Costs. Cash Grants (Development Incentives) The City may enter into agreements with property owners, lessees, or developers of land located within the District for the purpose of sharing costs to encourage the desired kind of improvements and assure tax base is generated sufficient to recover project costs. No cash grants will be provided until the City executes a developer agreement with the recipient of the cash grant. Any payments of cash grants made by the City are eligible Project Costs.

Page 22

Draft


Miscellaneous Projects Outside the Tax Increment District Pursuant to Wisconsin Statutes Section 66.1105(2)(f)1.n, the City may undertake projects within territory located within one-half mile of the boundary of the District provided that: 1) the project area is located within the City’s corporate boundaries and 2) the projects are approved by the Joint Review Board. The cost of projects completed outside the District pursuant to this section are eligible project costs, and may include any project cost that would otherwise be eligible if undertaken within the District. The City has identified acquisition of the Marling Lumber land and related demolition costs in an estimated amount of $950,000 as a potential Contingent Project outside of the District boundary and has included that Project as part of this Plan. Professional Service and Organizational Costs The costs of professional services rendered, and other costs incurred, in relation to the creation, administration and termination of the District, and the undertaking of the projects contained within this Plan, are eligible Project Costs. Professional services include, but are not limited to: architectural; environmental; planning; engineering; legal, audit; financial; and the costs of informing the public with respect to the creation of the District and the implementation of the Plan. Administrative Costs The City may charge to the District as eligible Project Costs reasonable allocations of administrative costs, including, but not limited to, employee salaries. Costs allocated will bear a direct connection to the time spent by City employees in connection with the implementation of the Plan. Financing Costs Interest expense, debt issuance expenses, redemption premiums, and any other fees and costs incurred in conjunction with obtaining financing for projects undertaken under this Plan are eligible Project Costs. With all Projects the costs of engineering, design, survey, inspection, materials, construction, restoring property to its original condition, apparatus necessary for public works, legal and other consultant fees, testing, environmental studies, permits, updating City ordinances and plans, judgments or claims for damages and other expenses are included as Project Costs. In the event any of the Project Cost expenditures included in this Plan are determined not to be reimbursable out of the TIF fund by counsel retained by the City for purposes of making such determination, or a court of record so rules in a final order, then such Project Cost is deleted from this Plan and the remainder of the Projects shall be deemed the entirety of the Projects for purposes of this Plan. The City reserves the right to implement only those projects that remain viable as the Plan period proceeds.

Page 23

Draft


SECTION 8: Map Showing Proposed Improvements and Uses

Please see maps on following two pages which depict anticipated future land use within the District, and the location of the catalytic sites identified in the ARISE plan.

Page 24

Draft

050

01,0

001,5

002,0

0025

0Fe

et±

Down

town J

anes

ville

TIFDa

te: 3

-11-20

16

D. Sa

rver, E

cono

mic D

evelo

pmen

t

Down

town F

uture

Land

Use

Main

Area

Down

town T

ID Pa

rcels

Zonin

g Cod

eRO

WSF MR

PMU

NCCC DT

LI GIWA

T

Wisco

nsin'

s Park

Plac

eCI

TY O

F JAN

ESVI

LLE

S:\Pr

ojects

\Eco

nomi

c_De

velop

ment\

TIF M

aps\T

ID 36

\Futur

e Dow

ntown

Land

Use

.mxd

Page 25

Draft

050

01,0

001,5

002,0

0025

0Fe

et±

Down

town J

anes

ville

TIFDa

te: 3

-11-20

16

D. Sa

rver, E

cono

mic D

evelo

pmen

t

Catal

ytic S

ites a

nd Pr

oject

Plans

Down

town T

ID P

arcels

Catal

ytic S

ites

Town

Squa

reRiv

erfron

t Hou

sing

Festi

val G

round

sAc

tive R

iverfr

ont

Comm

ercial

Core

Down

town C

ampu

s

Proje

ct Phas

e I an

d Pha

se II

Impro

veme

ntsAs

semb

le pa

rcels,

envir

onme

ntal c

lean u

p,riv

erwalk

impro

veme

nts, a

nd flo

od w

allim

prove

ments

Prop

erty a

cquis

ition,

realig

nmen

t of M

ainSt.

, rive

r walk

impro

veme

nts, li

ghtin

g and

lands

capin

gPr

opert

y acq

uisitio

n, riv

erfron

tim

prove

ments

, kne

e wall

Prop

erty r

edev

elopm

ent a

nd riv

erfron

tim

prove

ments

Prop

erty a

cquis

ition,

demo

lition

, or

rehab

ilitati

onTIF

Bou

ndary

Two-w

ay co

nvers

ionTw

o-way

conv

ersion

and r

econ

struc

tion

Wisco

nsin'

s Park

Plac

eCI

TY O

F JAN

ESVI

LLE

S:\Pr

ojects

\Eco

nomi

c_De

velop

ment\

TIF M

aps\T

ID 36

\Dow

ntown

TID

Catal

ytic S

ite10

.2.mx

d

Page 26

Draft


SECTION 9: Detailed List of Project Costs

All costs are based on 2016 prices and are preliminary estimates. The City reserves the right to increase these costs to reflect inflationary increases and other uncontrollable circumstances between 2016 and the time the expenditure is made. The City also reserves the right to increase certain Project Costs to the extent others are reduced or not implemented without amending the Plan. The tax increment allocation is preliminary and is subject to adjustment based upon the implementation of the Plan. This Plan is not meant to be a budget nor an appropriation of funds for specific projects, but a framework within which to manage projects. All costs included in the Plan are estimates based on best information available. The City retains the right to delete projects or change the scope and/or timing of projects implemented as they are individually authorized by the Common Council, without amending the Plan.

Proposed TIF Project Cost Estimates

Catalytic Catalytic Catalytic Catalytic Catalytic Catalytic

Site #1 Site #2 Site #3 Site #4 Site #5 Site #6

Priority Projects Town SquareRiver Front

Housing

Festival

Ground

Active

Riverfront

Commercial

Core

Downtown

CampusOther Sites

Total

Project Name/Type

1. Property Acquisition, Demolition and Relocation Assistance 814,000 3,292,000 250,000 1,421,000 5,777,000

2. Public Infrastructure Improvements

a. Town Square 6,530,000 6,530,000

b. Street & Intersection Improvements 1,351,000 1,351,000

c. Milwaukee Street Bridge 2,000,000 2,000,000

Less Grant Funding (1,600,000) (1,600,000)

3. Development Incentives 2,677,311 4,038,077 1,675,344 2,864,745 11,255,477

4. Estimated Interest & Financing Expense (Project ID 1. & 2.) 7,117,450 7,117,450

Subtotal Priority Projects 8,281,000 3,491,311 7,330,077 0 1,925,344 4,285,745 7,117,450 32,430,927

Contingent Projects Town SquareRiver Front

Housing

Festival

Ground

Active

Riverfront

Commercial

Core

Downtown

CampusOther Sites

Total

Project Name/Type

5. Property Acquisition, Demolition and Relocation Assistance

a. Marling Lumber Site3 950,000 950,000

b. Other Sites 332,000 1,000,000 1,332,000

6. Public Infrastructure Improvements 0

a. Street & Intersection Improvements 1,700,000 270,000 1,970,000

b. Environmental 70,000 210,000 280,000

c. Riverwalk 2,150,000 95,000 535,000 2,780,000

d. Lighting, Landscape, Trees & Furniture 185,000 282,500 467,500

e. Increase Floodwall Height 450,000 450,000

f. Knee Wall 635,000 635,000

g. Five Points Intersection 1,200,000 1,200,000

h. Unassigned 250,000 250,000

7. Administrative and Marketing 68,500 68,500

8. Development Incentives 5,627,739 5,627,739

Subtotal Contingent Projects 0 2,670,000 2,190,000 1,502,000 0 250,000 9,398,739 16,010,739

Grand Total Project Costs 8,281,000 6,161,311 9,520,077 1,502,000 1,925,344 4,535,745 16,516,189 48,441,666

Notes:1Project cost estimates taken from "TIF 36 Project Costs" spreadsheet received from D. Sarver on 1‐28‐2016. Potential development incentive amounts calculated by Ehlers based on 50% of projected tax increments.2Estimate equal to 50% of development incentives figure in Priority Projects section.3Project located outside of, but within 1/2 mile of the TID boundary.


Estimated Project List1

Page 27

Draft


SECTION 10: Economic Feasibility Study, Financing Methods, and the Time When Costs or Monetary Obligations Related are to be Incurred

The information and exhibits contained within this Section demonstrate that the proposed District is economically feasible insofar as:

The City has available to it the means to secure the necessary financing required to accomplish the projects contained within this Plan. A listing of “Available Financing Methods” follows.

The City expects to complete the projects in one or multiple phases, and can adjust the timing of

implementation as needed to coincide with the pace of private development. A discussion of the phasing and projected timeline for project completion is discussed under “Plan Implementation” within this Section. A table identifying the financing method for each phase and the time at which that financing is expected to be incurred is included.

The development anticipated to occur as a result of the implementation of this Plan will generate

sufficient tax increments to pay for the cost of the Projects. Within this Section are tables identifying: 1) the development and redevelopment expected to occur; 2) a projection of tax increments to be collected resulting from that development and redevelopment and other economic growth within the District; and 3) a cash flow model demonstrating that the projected tax increment collections and all other revenues available to the District will be sufficient to pay all Project Costs.

Available Financing Methods To the extent Project Costs cannot be paid from cash on hand, the following is a list of the types of debt obligations that the City could utilize to raise the capital needed to finance Project Costs or to pay commitments to developers. General Obligation (G.O.) Bonds or Notes The City may issue G.O. Bonds or Notes to finance the cost of projects included within this Plan. The Wisconsin State Constitution limits the principal amount of G.O. debt that the City may have outstanding at any point in time to an amount not greater than five percent of its total equalized value. As of December 31, 2015 the City had in excess of $117 million in unused G.O. debt capacity available. Bonds Issued to Developers (“Pay as You Go” Financing) The City may issue a bond or other obligation to one or more developers who provide financing for projects included in this Plan. Repayment of the amounts due to the developer under the bonds or other obligations are limited to an agreed percentage of the available annual tax increments collected that result from the improvements made by the developer. To the extent the tax increments collected are insufficient to make annual payments, or to repay the entire obligation over the life of the District, the City’s obligation is limited to not more than the agreed percentage of the actual increments collected. Bonds or other obligations issued to developers in this fashion are not general obligations of the City and, therefore, do not count against the City’s statutory borrowing capacity.

Page 28

Draft


Tax Increment Revenue Bonds The City has the authority to issue revenue bonds secured by the tax increments to be collected. These bonds may be issued directly by the City, or as a form of lease revenue bond by a Community Development Authority. Tax Increment Revenue Bonds and Lease Revenue Bonds are not general obligations of the City and therefore do not count against the City’s statutory borrowing capacity. To the extent tax increments collected are insufficient to meet the annual debt service requirements of the revenue bonds, the City may be subject to either a permissive or mandatory requirement to appropriate on an annual basis a sum equal to the actual or projected shortfall. Utility Revenue Bonds The City can issue revenue bonds to be repaid from revenues of the its various systems, including revenues paid by the City that represent service of the system to the City. There is neither a statutory nor constitutional limitation on the amount of revenue bonds that can be issued, however, water rates are controlled by the Wisconsin Public Service Commission and the City must demonstrate to bond purchasers its ability to repay revenue debt with the assigned rates. To the extent the City utilizes utility revenues other than tax increments to repay a portion of the bonds, the City must reduce the total eligible Project Costs in an equal amount. Special Assessment “B” Bonds The City has the ability to levy special assessments against benefited properties to pay part of the costs for street, curb, gutter, sewer, water, storm sewers and other infrastructure. In the event the City determines that special assessments are appropriate, the City can issue Special Assessment B bonds pledging revenues from special assessment installments to the extent assessment payments are outstanding. These bonds are not counted against the City's statutory borrowing capacity. If special assessments are levied, the City must reduce the total eligible Project Costs under this Plan in an amount equal to the total collected.

Plan Implementation The Plan includes potential Project Cost expenditures of approximately $46.29 million consisting of $32.43 million in priority projects, and $13.86 million for contingent projects. Priority projects are those deemed most important to achievement of the Plan’s goals. Contingent projects are those for which the costs cannot be recovered via tax incremental financing (“TIF”) based on the levels of assumed redevelopment value included in the economic feasibility study contained in this Plan. Inclusion of the contingent projects in the Plan provides the City the latitude to undertake them at a later date if actual TID performance exceeds expectations. The $32.43 million in priority projects includes: $11.26 million for projected development incentives; $14.06 million for public infrastructure; and $7.12 million in projected long-term interest expense and other financing related costs. The Plan assumes that the City will undertake the majority of the public infrastructure projects in the 2017 through 2022 timeframe in order to demonstrate its commitment to the downtown area and to attract the necessary private investment needed for redevelopment of key sites identified in the ARISE plan. Because the rate of City investment in the District is likely to outpace the tax increments generated, a key element of the District’s implementation strategy is the concurrent approval of an amendment to the project plan of Tax Incremental District No. 33 that will allow it to transfer excess increment to the District. This transferred increment will be used to pay the debt service incurred by the City for the initial public infrastructure projects until such time as the District’s own available increment is sufficient to do so.

Page 29

Draft


It is important to note that this Plan does not constitute approval of any particular projects. Based on the 27 year maximum life of the District and corresponding 22 year expenditure period, it can be expected that economic conditions will change throughout the District’s life and will alter the projections contained in this Plan. Decisions to undertake specific Projects through the life of the District must be made in the context of the current financial position of the TID and forecasts updated to reflect the best information available at that time. While the City anticipates accepting an element of risk in funding the initial infrastructure investment in the District, subsequent expenditures should be made based on a reasonable expectation that the additional tax base created as a result of those expenditures will be sufficient to pay the costs. Interest rates used for modeling project financing are based on current market conditions with assumptions made as to future interest rate increases. Municipal interest rates are subject to constantly changing market conditions. In addition, other factors such as the loss of tax-exempt status of municipal bonds or broadening the purpose of future tax-exempt bonds would affect market conditions. Actual interest expense will be determined once the methods of financing have been approved and securities or other obligations are issued. If financing as outlined in this Plan proves unworkable, the City reserves the right to use alternate financing solutions for the projects as they are implemented.

Page 30

Draft


Implementation and Financing Timeline

G.O. Bond G.O. Bond G.O. Bond

2017 2020 2025

Capital Projects

Property Acquisition, Demolition and Relocation Assistance 1,064,000 1,421,000 3,292,000 5,777,000

Town Square 3,265,000 3,265,000 6,530,000

Street & Intersection Improvements 1,351,000 1,351,000

Milwaukee Street Bridge 2,000,000 2,000,000

Less Grant Funding (1,600,000) (1,600,000)

Development Incentives 11,255,477 11,255,477

Estimated Interest & Financing Expense 7,117,450 7,117,450

Subtotal Project Costs 4,729,000 6,037,000 3,292,000 18,372,927 32,430,927

Estimated Finance Related Expenses1 110,150 135,575 88,425

Total Financing Required 4,839,150 6,172,575 3,380,425

Estimated Interest (11,823) (15,093) (4,115)

Assumed spend down (months)

Rounding 2,673 2,518 3,690

Net Issue Size 4,830,000 6,160,000 3,380,000

Notes:1Includes municipal advisor, bond counsel, bond rating, paying agent and underwriting discount allowance.



Estimated Financing Plan

TotalsCash Paid

Page 31

Draft


Catalytic Site #1

Catalytic Site #2

Catalytic Site #3

Catalytic Site #4

Catalytic Site #5

Catalytic Site #6

Actual

Town Square

River Front

Housing

Festival

Ground2

Active

Riverfront

Commercial

Core

Downtown

Cam

pus

Annual Total

12016

02016

1

22017

02017

2

32018

2,400,000

2,400,000

2018

3

42019

8,688,000

8,688,000

2019

4

52020

3,360,000

3,360,000

2020

5

62021

2,400,000

2,400,000

2021

6

72022

3,768,000

3,768,000

2022

7

82023

4,608,000

4,608,000

2023

8

92024

4,356,000

4,356,000

2024

9

102025

6,168,000

6,168,000

2025

10

112026

5,508,000

5,508,000

2026

11

122027

2,775,000

1,680,000

4,455,000

2027

12

132028

6,858,000

6,858,000

2028

13

142029

5,062,500

5,062,500

2029

14

152030

1,240,000

1,240,000

2030

15

162031

02031

16

172032

02032

17

182033

02033

18

192034

02034

19

202035

02035

20

212036

02036

21

222037

02037

22

232038

02038

23

242039

02039

24

252040

02040

25

262041

02041

26

272042

02042

27

Totals

00

13,884,000

21,443,500

08,688,000

14,856,000

58,871,500

Notes:

1 Projected

developm

ent/redevelopm

ent values taken

from "Project Plan by Site" document received

from D. Sarver on 1‐21

‐2016. Buildout timing assumed

by Ehlers and

reviewed

with City staff 2‐19

‐2016.

2 Additional projected

developm

ent/redevelopm

ent values added

for Catalytic Site #3

per D. Sarver e‐mail dated

2‐25‐2016. (Project #5, Project #7 and Project #19).

Construction Year

Construction Year

City of Janesville, W

isconsin

Tax Increm

ent District # 36

Developm

ent Assum

ptions

1

Development Assumptions

Page 32

Draft


Increment Revenue Projections

Type of District Base Value 86,660,188

Creation Date Appreciation Factor 1.00% x Apply to Base Value

Valuation Date Jan 1, 2016 Base Tax Rate $25.71

Max Life (Years) Rate Adjustment Factor

Expenditure Periods/Termination 22 5/23/2038

Revenue Periods/Final Year 27 2044

Extension Eligibility/Years Yes 3 Tax Exempt Discount Rate 3.00%

Recipient District Taxable Discount Rate 4.50%

Construction

Year Value Added Valuation Year

Inflation

Increment

Total

Increment Revenue Year Tax Rate1 Tax Increment

Tax Exempt

NPV

Calculation

Taxable NPV

Calculation

1 2016 0 2017 866,602 866,602 2018 $25.71 22,281 21,632 21,322

2 2017 0 2018 875,268 1,741,870 2019 $25.71 44,786 63,847 62,333

3 2018 2,400,000 2019 884,021 5,025,890 2020 $25.71 129,222 182,103 175,570

4 2019 8,688,000 2020 916,861 14,630,751 2021 $25.71 376,175 516,330 491,016

5 2020 3,360,000 2021 1,012,909 19,003,661 2022 $25.71 488,608 937,807 883,099

6 2021 2,400,000 2022 1,056,638 22,460,299 2023 $25.71 577,482 1,421,439 1,326,545

7 2022 3,768,000 2023 1,091,205 27,319,504 2024 $25.71 702,418 1,992,569 1,842,702

8 2023 4,608,000 2024 1,139,797 33,067,301 2025 $25.71 850,201 2,663,726 2,440,551

9 2024 4,356,000 2025 1,197,275 38,620,576 2026 $25.71 992,983 3,424,764 3,108,733

10 2025 6,168,000 2026 1,252,808 46,041,383 2027 $25.71 1,183,781 4,305,608 3,871,002

11 2026 5,508,000 2027 1,327,016 52,876,399 2028 $25.71 1,359,517 5,287,752 4,708,735

12 2027 4,455,000 2028 1,395,366 58,726,765 2029 $25.71 1,509,937 6,346,792 5,599,091

13 2028 6,858,000 2029 1,453,870 67,038,634 2030 $25.71 1,723,646 7,520,511 6,571,695

14 2029 5,062,500 2030 1,536,988 73,638,123 2031 $25.71 1,893,327 8,772,223 7,594,040

15 2030 1,240,000 2031 1,602,983 76,481,106 2032 $25.71 1,966,423 10,034,395 8,610,131

16 2031 0 2032 1,631,413 78,112,519 2033 $25.71 2,008,369 11,285,945 9,603,208

17 2032 0 2033 1,647,727 79,760,246 2034 $25.71 2,050,734 12,526,672 10,573,567

18 2033 0 2034 1,664,204 81,424,450 2035 $25.71 2,093,523 13,756,396 11,521,515

19 2034 0 2035 1,680,846 83,105,296 2036 $25.71 2,136,739 14,974,949 12,447,368

20 2035 0 2036 1,697,655 84,802,951 2037 $25.71 2,180,388 16,182,177 13,351,451

21 2036 0 2037 1,714,631 86,517,583 2038 $25.71 2,224,474 17,377,941 14,234,094

22 2037 0 2038 1,731,778 88,249,360 2039 $25.71 2,269,000 18,562,115 15,095,635

23 2038 0 2039 1,749,095 89,998,456 2040 $25.71 2,313,971 19,734,585 15,936,417

24 2039 0 2040 1,766,586 91,765,042 2041 $25.71 2,359,392 20,895,250 16,756,785

25 2040 0 2041 1,784,252 93,549,295 2042 $25.71 2,405,268 22,044,019 17,557,092

26 2041 0 2042 1,802,095 95,351,389 2043 $25.71 2,451,602 23,180,814 18,337,688

27 2042 0 2043 1,820,116 97,171,505 2044 $25.71 2,498,399 24,305,566 19,098,928

Totals 58,871,500 38,300,005 Future Value of Increment 40,812,645

Notes:1Rate shown is actual TID interim rate from DOR Form PC‐202 for the 2015/16 levy.



Tax Increment Projection Worksheet

Rehabilitation

May 23, 2016

27

Yes

Page 33

Draft

_______________________________________________________________________________________________________________________________________________________________________________________________________________________ Project Plan TID No. 36 Creation City of Janesville Submitted by Ehlers March 29, 2016

Cash Flow


Cash Flow Projection

Year

Dated Date: Dated Date: Dated Date:

Principal Est. Rate1 Interest Principal Est. Rate1 Interest Principal Est. Rate1 Interest Year

2016 0 0 ‐ ‐ 2016

2017 4,830,000 4,830,000 1,576,333 110,150 1,686,483 3,143,520 3,143,520 4,830,000 2017

2018 22,281 11,823 100,000 134,104 216,848 1,576,333 1,793,181 (1,659,080) 1,484,440 4,830,000 2018

2019 44,786 200,000 244,786 144,565 1,576,333 1,720,898 (1,476,110) 8,330 10,990,000 2019

2020 129,222 6,160,000 200,000 6,489,222 144,565 2,012,333 30,853 135,575 2,323,327 4,165,900 4,174,230 10,990,000 2020

2021 376,175 15,093 200,000 591,267 100,000 1.650% 143,740 294,225 2,012,333 142,543 2,692,841 (2,101,570) 2,072,660 14,270,000 2021

2022 488,608 200,000 688,608 100,000 1.800% 142,015 196,150 2,012,333 185,738 2,636,236 (1,947,630) 125,030 14,170,000 2022

2023 577,482 1,050,000 1,627,482 125,000 1.950% 139,896 196,150 216,591 677,638 949,840 1,074,870 14,045,000 2023

2024 702,418 702,418 150,000 2.150% 137,065 100,000 1.750% 195,275 265,031 847,371 (144,950) 929,920 13,795,000 2024

2025 850,201 3,380,000 4,230,201 175,000 2.300% 133,440 125,000 1.900% 193,213 1,646,000 324,270 88,425 2,685,348 1,544,850 2,474,770 13,495,000 2025

2026 992,983 4,115 997,098 200,000 2.400% 129,028 150,000 2.050% 190,488 100,000 2.100% 185,888 1,646,000 380,269 2,981,672 (1,984,570) 490,200 13,045,000 2026

2027 1,183,781 1,183,781 225,000 2.500% 123,815 175,000 2.200% 187,025 100,000 2.300% 121,375 459,563 1,391,778 (208,000) 282,200 12,545,000 2027

2028 1,359,517 1,359,517 250,000 2.650% 117,690 200,000 2.400% 182,700 100,000 2.500% 118,975 530,371 1,499,736 (140,220) 141,980 11,995,000 2028

2029 1,509,937 1,509,937 275,000 2.800% 110,528 225,000 2.550% 177,431 125,000 2.650% 116,069 587,643 1,616,671 (106,730) 35,250 11,370,000 2029

2030 1,723,646 1,723,646 300,000 2.900% 102,328 250,000 2.650% 171,250 125,000 2.800% 112,663 675,807 1,737,047 (13,400) 21,850 10,695,000 2030

2031 1,893,327 1,893,327 325,000 3.000% 93,103 275,000 2.750% 164,156 125,000 2.950% 109,069 740,888 1,832,216 61,110 82,960 9,970,000 2031

2032 1,966,423 1,966,423 350,000 3.150% 82,715 300,000 2.900% 156,025 150,000 3.150% 104,863 756,829 1,900,432 65,990 148,950 9,170,000 2032

2033 2,008,369 2,008,369 375,000 3.250% 71,109 350,000 3.050% 146,338 150,000 3.300% 100,025 756,829 1,949,301 59,070 208,020 8,295,000 2033

2034 2,050,734 2,050,734 400,000 3.350% 58,315 400,000 3.150% 134,700 150,000 3.400% 95,000 756,829 1,994,844 55,890 263,910 7,345,000 2034

2035 2,093,523 2,093,523 450,000 3.400% 43,965 450,000 3.250% 121,088 175,000 3.500% 89,388 725,976 2,055,416 38,110 302,020 6,270,000 2035

2036 2,136,739 2,136,739 500,000 3.500% 27,565 500,000 3.400% 105,275 175,000 3.650% 83,131 614,286 2,005,258 131,480 433,500 5,095,000 2036

2037 2,180,388 2,180,388 530,000 3.550% 9,408 550,000 3.500% 87,150 200,000 3.800% 76,138 571,091 2,023,786 156,600 590,100 3,815,000 2037

2038 2,224,474 2,224,474 600,000 3.600% 66,725 200,000 3.900% 68,438 540,238 1,475,400 749,070 1,339,170 3,015,000 2038

2039 2,269,000 2,269,000 700,000 3.650% 43,150 225,000 4.000% 60,038 491,798 1,519,986 749,010 2,088,180 2,090,000 2039

2040 2,313,971 2,313,971 810,000 3.750% 15,188 225,000 4.150% 50,869 432,559 1,533,616 780,360 2,868,540 1,055,000 2040

2041 2,359,392 2,359,392 250,000 4.250% 40,888 376,560 667,448 1,691,940 4,560,480 805,000 2041

2042 2,405,268 2,405,268 250,000 4.350% 30,138 297,267 577,404 1,827,860 6,388,340 555,000 2042

2043 2,451,602 2,451,602 275,000 4.400% 18,650 226,458 520,108 1,931,490 8,319,830 280,000 2043

2044 2,498,399 2,498,399 280,000 4.500% 6,300 169,186 455,486 2,042,910 10,362,740 0 2044

Total 40,812,645 31,030 14,370,000 1,950,000 57,163,675 4,830,000 2,171,700 6,160,000 3,023,700 3,380,000 1,587,900 14,058,000 11,255,477 334,150 46,800,927 Total

Notes:1Estimated rates are composite AA BQ scale as of 1‐25‐2016 plus 0.50% for 2017 issue; plus 0.75% for 2020 issue and plus 1.50% for 2025 issue.2Projected development incentive payments are equal to 50% of increment generated by redevelopment projects for a period of fifteen years.

Projected Revenues

Tax

Increments

Interest

Earnings/

(Cost)

Proceeds of

Long Term

Debt

Proposed

TID 33

Share

Total

Revenues

06/01/17

G.O. Bond

6,160,000

06/01/20

Balances

Project

Costs

Discount &

Costs of

Issuance

Expenditures

G.O. Bond

3,380,000

06/01/25

G.O. Bond

4,830,000

Development

Incentives2Total

Expenditures Annual Cumulative

Principal

Outstanding

Projected TID Closure

Page 34

Draft


SECTION 11: Annexed Property

There are no lands proposed for inclusion within the District that were annexed by the City on or after January 1, 2004.

SECTION 12: Estimate of Property to be Devoted to Retail Business

Pursuant to Wisconsin Statutes Sections 66.1105(5)(b) and 66.1105(6)(am)1, the City estimates that less than 35% of the territory within the District will be devoted to retail business at the end of the District’s maximum expenditure period.

SECTION 13: Proposed Zoning Ordinance Changes

The proposed Plan is in general conformance with the City of Janesville's present zoning ordinance. Individual properties may require rezoning at the time of redevelopment in pursuit of Project Plan implementation measures.

SECTION 14: Proposed Changes in Master Plan, Map, Building Codes and City of Janesville Ordinances

The proposed Plan is in general conformance with the City of Janesville's Comprehensive Plan including the 2007 City of Janesville Downtown Vision and Strategy, and the 2015 Rock Renaissance Area Redevelopment and Implementation Strategy known as “ARISE.” All development within the District will be required to conform to the State Building Codes and will be subject to the City's permitting and inspection procedures. The proposed Plan conforms to all relevant State and local ordinances, plans, and codes, thus, no changes to the existing regulations are proposed or needed.

SECTION 15: Relocation

Where the relocation of individuals and business operations would take place as a result of the City’s acquisition activities occurring within the District, relocation will be carried out in accordance with the relocation requirements set forth in Chapter 32 of the Wisconsin Statutes and the Federal Uniform Relocation Assistance and Real Property Acquisitions Policy Act of 1970 (P.L. 91-646) as applicable.

Page 35

Draft


SECTION 16: Orderly Development of the City of Janesville

Creation of the District and the implementation of the projects in its Plan will promote the orderly redevelopment of the City of Janesville by rehabilitating and conserving property, eliminating blight, facilitating the assembly of parcels of land suitable for redevelopment, providing necessary public infrastructure improvements and providing appropriate financial incentives for private redevelopment projects. By utilizing the provisions of the Tax Increment Finance Law, the City can stabilize property values and attract new investment that results in increased tax base. Redevelopment will occur in an orderly fashion in accordance with approved plans so that the projects will be compatible with adjacent land uses. Development of new uses in the District will add to the tax base and will generate positive secondary impacts in the community such as additional housing opportunities; increased employment opportunities; and amenities such as public open spaces and riverwalks that will enhance the quality of life and recreational opportunities for residents and workers within the District and the community at large.

SECTION 17: List of Estimated Non-Project Costs

Non-project costs are Projects that the City expects to undertake in order to achieve the goals of the Plan, but which only partly benefit the District, are not eligible to be paid with tax increments, or which may be funded from other sources. As identified in the ARISE Plan, certain Projects may be eligible for funding through grant programs administered by agencies of the State and Federal government. To the extent such funding is secured, those Projects would become non-project costs, allowing for funding of other Priority or Contingent Project Costs or reducing total Project Costs. For purposes of this Plan, the City has not identified any specific non-project costs due to the uncertainty associated with securing grant funds.

Page 36

Draft

_____________________________________________________________________________________________ Project Plan TID No. 36 Creation City of Janesville Submitted by Ehlers May 23, 2016

SECTION 18: Opinion of Attorney for the City of Janesville Advising Whether the Plan is Complete and Complies with Wisconsin Statutes 66.1105

CITY ATTORNEY’S OFFICE MEMORANDUM March 30, 2016 MEMORANDUM TO: Gale Price, Economic Development Director FROM: Wald Klimczyk, City Attorney RE: Legal Opinion -- T.I.F. No. 36 Project Plan

Sec. 66.1105(4)(f), Wis. Stats., of the Tax Increment Financing Law mandates that the project plan for a proposed tax increment financing district "include an opinion of the city attorney or an attorney retained by the city advising whether the plan is complete and complies with this section.” You have asked me to review a certain proposed “Tax Incremental Finance District No. 36 Project Plan,” dated May 23, 2016, for Tax Increment Finance (T.I.F.) District Number 36 and determine if, in my opinion, it is complete and complies with the requirements of Wisconsin's T.I.F. Law. This memorandum constitutes my legal opinion.

Sec. 66.1105(4)(f), Wis. Stats., sets forth those components of a T.I.F. project plan which are required by state law. They are as follows:

1. A statement listing the kind, number, and location of all proposed public works or improvements within the district or, to the extent provided in Section 66.1105(4)(f) 1. k, Wis. Stats., outside the district;

2. An economic feasibility study;

3. A detailed list of estimated project costs;

4. A description of the methods of financing all of the estimated projected costs;

5. The time when the costs or monetary obligations related thereto are to be incurred;

_____________________________________________________________________________________________ Project Plan TID No. 36 Creation City of Janesville Submitted by Ehlers May 23, 2016

Gale Price March 30, 2016 Page 2

6. A map showing the existing uses and conditions of the real property in the district;

7. A map showing the proposed improvements and uses in the district;

8. Proposed changes of:

a. Zoning ordinances. b. The master plan, if any. c. The master map, if any. d. Building codes. e. City ordinances.

9. A list of estimated non-project costs;

10. A statement of proposed methods for the relocation of any person(s) to be

displaced; and

11. How the Tax Increment Financing District promotes the orderly development of the City.

I have reviewed proposed “Tax Incremental Finance District No. 36 Project Plan,” dated May 23, 2016, for Tax Increment Finance (T.I.F.) District Number 36, prepared by Ehlers. It is my legal opinion that said project plan as prepared by Ehlers is complete and does comply with Section 66.1105(4) (f), Wis. Stats. According to the terms of the above cited statute, this legal opinion should now become the final component of that project plan amendment.

Wald Klimczyk City Attorney

wk cc: David T. Godek, City Clerk Treasurer


Exhibit A: Calculation of the Share of Projected Tax Increments Estimated to be Paid by the Owners of Property in the Overlying Taxing Jurisdictions

Data Year (DOR Form PC‐202) 2015

Percentage

Rock County 26,546,277 27.09%

City of Janesville 33,368,387 34.05%

School District of Janesville 33,306,411 33.99%

Blackhawk Technical College 4,781,112 4.88%

Total 98,002,186

`

Revenue Year Rock County

City of

Janesville

School District

of Janesville

Blackhawk

Technical

College Total Revenue Year

2018 6,035 7,587 7,572 1,087 22,281 2018

2019 12,131 15,249 15,221 2,185 44,786 2019

2020 35,003 43,998 43,917 6,304 129,222 2020

2021 101,896 128,082 127,844 18,352 376,175 2021

2022 132,351 166,364 166,055 23,837 488,608 2022

2023 156,425 196,625 196,259 28,173 577,482 2023

2024 190,267 239,164 238,719 34,268 702,418 2024

2025 230,298 289,482 288,944 41,478 850,201 2025

2026 268,973 338,097 337,469 48,443 992,983 2026

2027 320,656 403,061 402,312 57,752 1,183,781 2027

2028 368,258 462,897 462,037 66,325 1,359,517 2028

2029 409,003 514,113 513,158 73,663 1,509,937 2029

2030 466,891 586,878 585,788 84,089 1,723,646 2030

2031 512,854 644,652 643,454 92,367 1,893,327 2031

2032 532,654 669,540 668,296 95,933 1,966,423 2032

2033 544,016 683,822 682,552 97,980 2,008,369 2033

2034 555,491 698,247 696,950 100,047 2,050,734 2034

2035 567,082 712,816 711,492 102,134 2,093,523 2035

2036 578,788 727,530 726,179 104,242 2,136,739 2036

2037 590,611 742,392 741,013 106,372 2,180,388 2037

2038 602,553 757,402 755,996 108,523 2,224,474 2038

2039 614,614 772,563 771,128 110,695 2,269,000 2039

2040 626,795 787,875 786,412 112,889 2,313,971 2040

2041 639,099 803,340 801,848 115,105 2,359,392 2041

2042 651,525 818,960 817,439 117,343 2,405,268 2042

2043 664,076 834,736 833,186 119,603 2,451,602 2043

2044 676,752 850,670 849,090 121,886 2,498,399 2044

11,055,098 13,896,140 13,870,330 1,991,076 40,812,645

Note: The projection shown above is provided to meet the requirements of Wisconsin Statute 66.1105(4)(i)4.

Estimated portion of taxes that owners of taxable property in each taxing jurisdiction

overlaying district would pay by jurisdiction.

Page 39

Draft

Date post:	27-Dec-2021
Category:	Documents
Upload:	others
View:	3 times
Download:	0 times

Janesville TID No. 36 Project Plan 3rd Draft WORKING

Documents