The village has agreed to acquire 53.4 acres of land, known as the Eder farm parcel, located between West Brown Deer Road and West Green Brook Road. This acquisition will enable the village to plan and direct the future use of this property in the best interest of the community and its residents.
The village of River Hills has developed a Project Plan that would fund the acquisition of the property, plan its use, and complete public improvements to the site for future private investment. The project would be funded through the creation of a Tax Increment District.
Additional information about this project and Tax Incremental Financing is available below.
Project Plan – Revised 10/14/20
Resolution 2020-09 Resolution of Necessity for Acquisition of Certain Land in the Village of River Hills
Resolution 2020-15 Resolution Creating Tax Incremental District No. 1, Approving its Project Plan and Establishing its Boundaries Village of River Hills, Wisconsin
Plan Commission Resolution 2020-09 Resolution Designating Proposed Boundaries and Approving a Project Plan for Tax Incremental District No. 1, Village of River Hills, Wisconsin
09/28/20 – Joint Review Board Agenda – this meeting is to form the Joint Review Board
10/28/20 – Notice of Joint Review Meeting
10/28/20 – Joint Review Board Agenda
11/9/20 – Plan Commission Meeting Agenda
11/9/20 – Plan Commission Meeting Slideshow
11/9/20 – Plan Commission Meeting Recording