condemned former Amcast manufacturing facility on
Hamilton Road in Cedarburg is on track to be demolished,
no matter who buys the property.
Photo by Mark Justesen
CEDARBURG — There was nothing routine about the events
of the Cedarburg Community Development Authority meeting
Monday night. The task at hand was to move forward on
the project plan for TID No. 4, which is the former Meta
Mold/Amcast properties located at Hamilton and Johnson
planned, the project would require an investment of
$4.54 million from the city with the likelihood that all
project costs would not be recovered.
“It’s one of the few Superfund sites in the state of
Wisconsin,” said DJ Burns, a developer who has been
working with the CDA in hopes of redeveloping the
property once the TID is established. “I’m a willing
participant in this project and I think we can really do
something great for this community.”
Except that on Monday night, a potential buyer stepped
“I’ve been in negotiations with the seller of the Amcast
property,” said Tim Tucker, a Mequon resident. “I have a
proposal that will not require the city to spend a
penny; it would be all private investment dollars and I
would be the one dealing with the state and the EPA. I
will take the property as it is, remediate it and put it
back in productive order. I don’t think you need to lend
a single, bloody penny (to redevelop this).”
Tucker said that he is an expert in fast track
construction and named a number of clients he has worked
for. However, he also declined to give more than minimal
details of his plan, his investment partners or
business, stating that he prefers to keep his business
dealings confidential until needed.
Tucker later noted in a phone interview that his
reluctance to go public with his project also is due in
part to the fact he is in the process of addressing
indemnification issues with the seller and that process
is not complete.
indemnification is the seller’s main thing, and in terms
of the city’s plan, I think it’s silly to put the
taxpayers at risk with the potential liability in this
project,” he later said. “It doesn’t have a sunset
CDA was put into place (more than) nine months ago,”
said CDA member Eric Stelter at the meeting. “And you do
have the ability to negotiate without showing your
cards. Why did you wait until now to come to the CDA?”
last thing you do is leave your notebook turned up at
the courthouse,” Tucker said at the meeting. “I didn’t
think I needed to – I wasn’t asking the CDA for money. I
was making trips to Dallas and meeting with the seller.
I don’t like people knowing the business I do.”
later noted that he has been keeping an eye on this
property and the city’s efforts for some time.
“I’ve been watching this for a long time and I thought,
‘There’s no way the city is going to go forward with
this,’” he said. “When it became apparent that was
happening, I reluctantly came forward.”
Tucker first communicated with Common Council members
via email on Oct. 11 in regards to his potential plans.
Attorney Mike Hebrand also noted that he subsequently
had been in contact with the seller’s attorney, who had
expressed a preference on behalf of his client to move
forward with the TID plans.
“Nobody has made any reference to a purchase at all –
not the EPA lawyer, not representatives of the property
owner, nobody,” said Stelter. “We do owe the citizens a
certain quality of life and quality of project, and to
some extent, we’ve already negotiated this with the
proposed TID plans.”
bottom line, is who is going to get the land?” said
Cedarburg Mayor Kip Kinzel. “From a taxpayer standpoint,
I’d rather we don’t have to borrow $3 million. But what
is the right plan?”
Council Member Jack Arnett was in the audience for the
public hearing, and asked Tucker to clarify his
potential costs and ability to turn a profit on such an
you take the project costs, which are likely to be
similar whether its done through a TID or as a private
project, you’re looking at a half-million dollars an
acre,” he said. “What are you going to put in here that
justifies that cost?”
do have an answer – we can do multifamily housing with
the space requirements,” he said. “We’ve worked through
Tucker also alluded to the possibility of the
outstanding $300,000 tax bill being forgiven on the
property. However, this would be a decision that would
need to be made at the county level, not the city.
members discussed the possible options going forward.
Tucker requested that the CDA provide him with
additional time to complete his negotiations with the
seller prior to implementing the planned TID district.
He noted in the later phone interview that he was
working with his architect to present plans to the CDA
in the near future.
the process in place, the earliest the TID district
could receive approval from the Common Council would be
Nov. 16. Additionally, the actual TID district would not
be filed with the State of Wisconsin until October 2018;
should the sale be completed, even after approval, the
city could choose simply not to file.
After discussion, the CDA unanimously approved moving
forward with the resolution.
<<EARLIER: Public hearing on Amcast property to be held