PLEASANT PRAIRIE — After a delay early last month to tweak language, the Village Board has approved a final resolution that gives residents options on how to finance a special assessment.
According to a press release, the resolution gives the 29 affected properties by a Highway 50 reconstruction project in 2021 the option to pay the assessment in full or in 10 annual installments with an interest rate of 3% above whatever the existing prime rate is at the time.
The resolution authorizes the special assessment against properties connected with the Wisconsin Department of Transportation’s Highway H and Highway 50 water main extension project.
With the use of water utility cash reserves, the village is paying for the initial installation of the public water main additions. The total project cost, after $246,931 in credits, is $559,088, with an average single-family lot assessment of $13,541.
Existing homes are not required to immediately hook up to municipal water. The assessment will be deferred until connection is made, the property is subdivided, approved for development or has a building permit issued to develop a vacant lot.
“By offering a differed special assessment for the water main extension, it gives homeowners the option to continue to use a private well or connect their property to municipal (water),” Village Administrator Nathan Thiel said. “The extension also provides additional safety measures, giving homes in the area access to fire hydrants.”
The village already has extended the public water main along Highway H to the jurisdictional boundary near 67th Street, which is in conjunction with the upcoming DOT project. The design, bid and construction contract for the project was approved in May.
Highway H was closed for about a month before it reopened Sept. 16.
Village applying for grant
Also last week, the board paved the way for the village to apply for a grant on behalf of the Kenosha Area Business Alliance to retain funds currently connected with a Community Development Block Grant Revolving Loan Fund that KABA administers.
The Kenosha County program equals about $5.2 million, and KABA had previously approached the village to identify qualifying projects.
Those areas selected for rehabilitation because of aging infrastructures are sections in Chateau, Timber Ridge, Beverly Woods and south of 85th Street, with a combined cost of about $5.2 million.
KABA already has received approval from the state, the release states.
Because the projects already are part of the village’s existing capital plan, there will not be any financial impact to Pleasant Prairie. KABA will retain the funds to continue programs that aim to ensure future investments, raise the tax base and develop high-paying jobs throughout the community.
“The village and KABA have a long history of working together,” Thiel said. “The village is grateful to play a supportive role. KABA is a phenomenal partner and asset to Kenosha County and our community.”
As part of its motion, the board adopted a resolution to approve the Citizen Participation Plan for the CDBG Capital Grant Program, which is the initial step to apply for the grant.
By moving forward, the village will pay the funds to the state that KABA is required to return, and the state will re-issue the amount to Pleasant Prairie in the form of a capital grant.
Since 2013, KABA has helped secure more than 4,000 jobs, $1 billion of capital investment and 8.5 million square feet of new buildings, according to the release.
Collection: Developments in Pleasant Prairie
Here are recent stories focusing on development in the village of Pleasant Prairie in Kenosha County that have been published online and in the Kenosha News.
PLEASANT PRAIRIE — The future of the Pleasant Prairie Power Plant that closed in 2018 remains uncertain today.
The village of Pleasant Prairie and the steering committee have partnered with RINKA architects, planners and designers to craft a professiona…
Three years from now, May 2020 will likely be remembered for the end of stay-at-home orders in Wisconsin and most other states, the reopening …
PLEASANT PRAIRIE — Most seemed to agree Monday night that a plan to solve storm water issues in the Chateau Eau Plaines Subdivision is needed.
Uline Corp., one of Kenosha County’s largest employers with more than 2,800 employees, is committed to continuing to work through the COVID-19…
PLEASANT PRAIRIE — A proposal to construct 300 upscale apartment units south of Highway 50 has cleared its first hurdle.
As a kid growing up in Des Plaines, Ill., Sarah Howard had great memories of visiting Twin Lakes and boating on the weekends with her family.
PLEASANT PRAIRIE — A shared-use path has been proposed for Highway C in Pleasant Prairie.
PLEASANT PRAIRIE — The Village Board on Monday approved authorizing closing documents for the sale of 68 acres the village owns in Bristol wes…
PLEASANT PRAIRIE — The Plan Commission on Monday approved a master conceptual plan for the proposed Creekside Crossing Development with a redu…
PLEASANT PRAIRIE — The Plan Commission approved preliminary site and operational plans for the proposed expansion for Volkswagen Group of Amer…
PLEASANT PRAIRIE — Conceptual plans for 18 ranch-style, two-unit condominiums proposed for the village’s future downtown area received the app…
PLEASANT PRAIRIE — A village panel approved plans for two pharmaceutical companies — one that processes medication for critically ill patients…
PLEASANT PRAIRIE — Kenosha County Executive Jim Kreuser and other local officials gathered Saturday and formally dedicated the opening of a ne…
IRIS USA is providing 10,000 masks to the United Way of Kenosha County to be sold to Kenosha County organizations and businesses at a signific…
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