Council OKs $330,000 in TIF funds for apartments

Council OKs $330,000 in TIF funds for apartments

June 20, 2018

Port Washington aldermen on Tuesday agreed to pay Ansay Development as much as $330,000 to help pay for remediation and demolition on the former Victor’s property near the city’s lakefront.

A developer’s agreement between the city and Ansay that outlined the terms of the development incentive through the city’s tax incremental financing district was approved on a 5-1 vote, with Ald. Mike Gasper dissenting.    

Ald. Jonathan Pleitner was absent.

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Wisconsin’s largest paid circulation community weekly newspaper. Serving Port Washington, Saukville, Grafton, Fredonia, Belgium, as well as Ozaukee County government. Locally owned and printed in Port Washington, Wisconsin.

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