City of Port Washington Referendum
Pursuant to Wisconsin StatuteS S66.1105, the City of Port Washington may, through its Plan Commission and Common Council, exercise the powers necessary to create Tax Incremental Districts. Pursuant to Wis. Stat. $ 9.20, through the power of direct legislation, the electors of the City of Port Washington have put forward a proposed ordinance.Shall the City of Port Washington adopt the proposed ordinance, which, if adopted, would bar the City from creating or approving a Tax Incremental District that requires a large capital expenditure, or with a base value projected to or exceeding $10,000,000.00, or project costs exceeding $10,000,000.00, unless the creation or approval of such a Tax Incremental District has been approved by the majority of electors in a general or special election?"A yes vote means the city would NOT be able to create a TID without direct voter approval if the projected cost of the project exceeds $10,000,000.00. A no vote maintains the status quo allowing the planning commission and Common Council to approve such a district with voter input at regularly scheduled meetings.
