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Sturgeon Bay finalizing redevelopment agreement for Sunset School property

The Sturgeon Bay Common Council will be looking to approve a development agreement with a housing developer for the old Sunset School property on Tuesday.  The city, school district, and S.C Swiderski have been jointly working on a project to redevelop Sunrise School property into new workforce housing units for the past year.  The agreement calls for the City to pay for the demolishing of the school building and provide a financial incentive of $7,700 per dwelling unit, or a total of $202,200 for the 26-unit apartment complex.  Sturgeon Bay has created a Tax Incremental District (TID) on the site.  S.C. Swiderski will establish property value that will amount to $2.5 million or more.  Other meeting agenda items include three recommendations from the Finance/Purchasing & Building Committee. The Sturgeon Bay Common Council meeting will begin at 6 pm at City Hall on Tuesday. 

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