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92909

Authorizing the Mayor and City Clerk to execute a development agreement to fund a $1,666,000 Tax Incremental Finance Loan that was authorized in the 2026 EDD Capital Budget in (TID 53) to Wash Franklin, LLC, or its assigns to construct approximately 222 units of affordable housing and approximately 68 parking stalls located at 501 E. Washington Avenue in a proposed boundary amendment to Tax Incremental District (TID) 53 (District 6)

Resolution Passed Introduced April 28, 2026

What this record is

Held by
Wash Franklin, LLC 2 records across this site
Amount
$1.67M
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
contract
Field
Construction

construction contracts in WI that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Wash Franklin, LLC also holds

Authorizing the Mayor and City Clerk to execute a development agreement for $1,666,000 Tax Incremental Finance Loan to Wash Franklin, LLC, or its assi… $1.67M Madison, WI
Committee
Economic Development Division
Requested by
FINANCE COMMITTEE
Introduced
April 28, 2026
On agenda
May 19, 2026
Passed
May 19, 2026
Enacted
May 22, 2026
Enactment no.
RES-26-00293

Where it was heard

COMMON COUNCIL May 19, 2026 Adopt Unanimously Pass FINANCE COMMITTEE May 11, 2026 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass COMMON COUNCIL May 5, 2026 Refer Pass

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