HARTFORD — A proposed new tax
incremental finance district within the city is another step closer
to final approval after recent action by the Common Council and the
Council’s Public Works Committee.
The council agreed to rezone property at 1500 and 1501 Innovation
Way from A-1 Agricultural District and 1523 Innovation Way from M-4
Industrial Park District to M-3 General Industrial District, which
are within the proposed new district. City Planner Justin Drew said
all the properties need to have the same zoning because if some of
the properties are later combined for a project they cannot have
“We want to make sure the zoning is what we want it to be for the
life of the district (TID-12),” Drew said. “The approximately 68
acres is owned by the city on behalf of the Hartford Area
The new district would be located between the city’s Dodge and
Western Industrial parks and would be an industrial TID. The
creation of the district would also facilitate the completion of
multiple public service projects for the city. The area is at the
west end of Western Drive, east of the terminus of Innovation Way
and south of State Street on the city’s west side. In a tax
incremental financing district, public works improvements can be
made with the costs paid back over time. Additional tax revenues
created in the district are used to pay the city back for the
improvements. Only after those are paid in full will the city,
school district, county and technical college districts begin to
collect additional taxes from the area. City Administrator Steve
Volkert said other steps must be completed before the TID is
■ The Common Council must review and take action on the TID
creation, boundaries, and project plan.
■ A public notice must be published of the Joint Review Board
meeting that will need to review the proposal.
■ The Joint Review Board would need to meet and adopt the new TID.
■ The Joint Review Board would need to submit its decision to the
■ The city clerk and assessor must send an application to the
Department of Revenue for base value determination.
“All these steps have to happen between now and Oct. 31,” Volkert
said. “However, if the prospective project doesn’t sign on the
bottom line we could simply wait on the last step until Jan. 1 of
next year thus the TID doesn't actually take effect until the Jan.
1, 2020 value.”
First District Alderman Joe Kohler asked if there any developers
already interested in some kind of development project in the new
“We’ve had discussions for about four months with a developer about
a possible project,” Drew said. “We’re close to nailing down a
proposal, but we’re still working on the time frame.”
Drew said he would have more information in a couple of weeks on the
possible project being discussed. If the district becomes a reality
officials said earlier that they anticipate Interstate Partners,
LLC, will begin construction of a 100,000square-foot warehouse and
office building in late 2019 or early 2020 and could also begin
construction of a similar building in 2022.
Second District Alderman Dennis Hegy asked if some of the adjacent
property owners had expressed any interest in becoming part of the
“There are three adjacent properties, but right now they are not
included in the proposed district,” Drew said. “We have had
discussions with the owner of a property to the east who has
expressed some interest.”
Drew said it is being proposed that TID-12 have a life of 20 years.
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