OtherRecommended approvalRiver Point Drive Lots 1 & 2, Manitowoc, WI

TIF Term Sheet — River Point Drive Lots 1 & 2

Manitowoc

Description

Recommended a TIF term sheet and directed staff to complete the development agreement and sale of the property.

Impact summary

Public financing support for a private development on city-owned riverfront lots; terms were hashed out in closed session.

Applicant

Address: River Point Drive Lots 1 & 2, Manitowoc, WI

At a glance

Hearings: 1
Public comments: 0
Total mentions: 1

Last vote · Finance Committee

Recommended approval3–0, unanimous

A recommendation, not a final decision. The council decides next.

Last discussed Jul 6, 2026.

Meeting timeline (1)

Jul 6, 2026Recommended approval 3–0

Finance Committee - Jul 6, 2026

Recommended a TIF term sheet and directed staff to complete the development agreement and sale of the property.

Related issues (1)

TIF deal on River Point Drive

The committee recommended a tax incremental financing term sheet for a project on River Point Drive Lots 1 & 2 and told staff to finish the development agreement and property sale.

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