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Fleet Farm, city look to split costs on frontage road

The city and Fleet Farm continue to discuss what is fair for both sides as work on a development agreement continues. At the last Finance/Purchasing and Building Committee meeting in December, Fleet Farm pointed to the high inflationary costs of construction and the city’s big-box ordinance as reasons why they would need financial assistance for their project.  Fleet Farm is specifically asking for help paying for the store’s entrance and traffic lights  

 

In a memo to the Finance/Purchasing and Building Committee, City Administrator Josh Van Lieshout says Fleet Farm is accepting the City purchase of the right of way that would be located in front of the store along Green Bay Road (STH 42/57). In the proposed development agreement, Van Lieshout also recommends reimbursing Fleet Farm for a portion of the street construction costs and establishing a minimum assessed value for the property that would return the investment on improvements over the course of 10 years.  He told the Door County Daily News that both sides recognize that the proposed frontage road would be mutually beneficial to Fleet Farm and to the city’s future growth.

The Finance/Purchasing and Building Committee will also meet in closed session to discuss the development agreement between the city and Fleet Farm during its meeting on January 10th, which begins at 4 p.m.

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