The city is studying a plan to create an economic development district along Randall Road in which businesses would be given tax breaks to operate there.
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The district is proposed for Randall between Fabyan Parkway and McKee Street, where the bulk of vacant commercial parcels remain.
Under the proposal, the city would rebate a set amount of sales-tax or property-tax dollars to developers to help defray the cost of public improvements associated with the development.
The city in the past has worked out tax-rebate agreements individually with businesses along the four-lane county highway. The creation of a district would save time and administrative costs by making the same terms available to every developer, Ald. Norman Hagemann said.