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Willmar council, in split votes, OKs rezoning, tax increment financing to move apartment project forward

Two public hearings and two tabled action items on the Willmar City Council agenda for Monday, Oct 3

The public hearings on Monday's Willmar City Council agenda are regarding special assessments for unpaid snow and ice removal and unpaid weed and grass mowing. The tabled action items the council is expected to consider are the rezoning and the creation of a tax increment financing district for the Unique Opportunities apartment complex project on Lakeland Drive Northeast.

Council action needed soon for proposed northeast Willmar apartment project as financial deadline looms

At Monday’s Willmar City Council meeting, the proposed Lakeland Drive Northeast project was nearly derailed by the possibility of not holding the public hearing for creation of a tax increment financing district. The council later agreed to conduct the hearing as a delay would have made the project financially unfeasible for the developer. He has financing with a locked-in interest rate, but the project needs to begin this fall.

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