BDCDC Discusses Its Future

3/28/12 – The Beaver Dam Community Development Committee discussed its future role in city government last night and wound up tabling any decisions to dissolve. The bulk of the CDC’s responsibilities were lost when the city entered into a partnership with the Beaver Dam Area Development Corp 15 years ago and CDC Chair Robert Ballweg says the Development Corp has plenty of other city committees to run new business projects through. Ballweg says there is no official record of the intended function of the CDC, so he would like to establish a purpose or dissolve. Ballweg says one possible function of the CDC would be to award grant funding for downtown façade improvements. The CDC approved a plan last night to use the approximately $25,000 accumulated annually through the downtown TIF #6 for that purpose. It still requires council action. Another possible function of the CDC would be to for downtown blight elimination. TIF #3 near Rechek’s is due to end next year. With approval of the various taxing entities, the city could extend TIF #3 for another five years, collecting nearly $1.2 million in that time to clean-up blighted areas like the county-owned MetalFab property.