WJJQ LOCAL NEWS
Merrill Council to vote on resolutions for Hurd Superseal

Monday, September 26, 2011

Merrill's city council will vote tomorrow on several steps to help bring Hurd Superseal to the city.

On the agenda at a special meeting is the approval of a new Tax Incremental Financing district, the program for funding the improvements to the district, and the approval to extend a development loan to Hurd Superseal using the money from the TIF district.

The new district is blight designated by the state as is any property 50 years old. According to Mayor Bill Bialecki, the west side of the city is in good condition but it could use some improvement. City leaders say the money raised will go towards the new Hurd facility, as well as infrastructure projects and repairs.

According to Bialecki the city had planned about 12 years ago to give that whole west side a face lift and they dug those plans back out.

The TIF district will remain in effect for 22 years, and is projected to generate $2.1 million dollars worth of improvements over the life of the project.

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