The acquisition of land, buildings, and fixed equipment. The site preparation and construction, reconstruction or installation of buildings and fixed equipment. The clearance, demolition, removal or rehabilitation of buildings and improvements The payment of assessments for sewer, water, street, and other public utilities if the provision of the facilities will directly create or retain jobs. TIF is an economic development project financing tool, created to help Wisconsin cities attract industrial and commercial growth in underdeveloped and blighted areas. A city or village can designate a specific area within its boundaries as a TIF district and develop a plan to improve its property values.
Taxes generated by the increased property values pay for land acquisition or needed public works.
Many of these businesses are recognized for their performance, which reflects the quality workforce available in the area. In 1999 and again in 2000, Federal Mogul Sintered Products, which is a leading manufacturer of powder metal valve seat inserts and valve guides in North America, received the General Motors Supplier of the Year Award for producing 65 million parts with zero defects. Cheese-making at the plant requires 4.5 million pounds of milk each day supplied by the dairy cooperative's 1,200 members. But the attractions don't end there. Displayed in the pictorial country setting of historical Waupun, the gallery of outdoor art offers a unique amenity to the community.