Marshfield City Officials Moving Forward with Relocation of City Government
Wednesday, November 15th, 2017 -- 8:02 AM
(WDLB) -Marshfield officials are moving ahead with the relocation of city government, by approving major borrowing to make it happen in 2018.The Marshfield Common Council voted unanimously last night in favor of borrowing nearly six-million dollars to move city hall to the current Forward Financial building at Sixth-and-Chestnut, and to help the bank with its relocation to North Central Avenue. City Administrator Steve Barg said there's just over three-point-three million dollars for the purchase and renovation of the existing bank. The city is also giving Forward Financial a two-million dollar incentive toward the construction of its new headquarters along North Central near Burger King, on what used to be known as the Hartl Manor property.
And because that was deemed a blighted parcel, Barg said the city could use its Community Development Authority as the bonding agent for the financing. Mayor Chris Meyer says it's a new approach for the city, which is using what has historically amounted to simply a housing authority--operating Cedar Rail Court and Parkview Apartments. The city will recoup its costs through incremental property tax dollars on the new development. The city hall relocation is slated for September of next year, once Forward Financial moves into its new facility.
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