Mindiola Park won’t serve as the home for a new summer collegiate baseball stadium and soccer complex. Waukesha (WI) city officials acknowledged that a plan to use $12.8 million in public financing through future property tax dollars (TIF) to fund a multi-sport complex at the Hoover Avenue park simply does not have the support it needs to make it a reality. Read more here.
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$ doesn’t grow on trees n imo 12.8 mil is a lot of coin
It was Tax Increment Financing. They were only losing future property tax revenue on the development that probably wouldn’t happen but for the development anyway.
Alan