TID Amendment

TID No. 4 Amendment No. 2 allows the City to attract development with higher and better, community-serving land uses, especially when combined with other underdeveloped properties in this area. The inclusion of the new land will enable the City to fully promote the orderly development of this gateway. This new vacant parcel will focus on providing larger land assemblages (as shown on Map 1: Amended District Boundary) that afford mixed-use land uses, create tax base where no improvements are currently, create jobs, provide common parking areas, provide safer vehicular and pedestrian movement in this intersection area, and upgrade the visual image to the community. All of these activities are necessary to help with the vitality of the remainder of the community, specifically the Downtown and Business Park.

Another issue that impedes the logical and orderly growth of the City is the fact that there are a significant number of properties that are currently in the Town but are interspersed among properties within the City of Lake Mills. The City, through TID No. 4, will focus on logically developing properties within the TID No. 4 boundary and through implementation of redevelopment projects, the Town property owners may eventually see the logic in petitioning for annexation so that growth can proceed in an orderly manner.

With the implementation of the Opportunity Analysis recommendations and TID No. 4 and Redevelopment District No. 2 project plans, the City can realize the potentials presented in TID No. 4 which will then help to promote the orderly development of the entire community.