- The Plan Commission meeting will start Monday with a public
hearing on a proposed tax incremental financing district for an
expansion at Milwaukee Electric Tool on Lisbon Road.
increment district No. 6, “The Northeast Gateway,” would
include approximately 30 acres of lands located 13135 W.
Lisbon Road, 12905 W. Lisbon Road and 12930 W. Lisbon Road. If
approved, the TIF district would provide $6 million in TIF
assistance toward project costs, which are estimated at more than
the public hearing, the Plan Commission will discuss taking
action on the district, as well as a development agreement and new
plan and method of operation for Milwaukee Tool’s expansion,
which would require Common Council approval.
meeting will be held at 6:30 p.m. Monday at City Hall, 2000 N.