Dear
Stoughton Alderpersons & Mayor Olson:
As citizens, merchants and retail or
apartment building owners, we are NOT in favor of the Stoughton City Council
granting further approvals of the Kettle Park West (KPW) project to construct a new mall in a cornfield west of the city. (The project would include a
153,000 sq. ft. WalMart SuperCenter and another 87,000 sq. ft. of other new
stores.)
Our
community should focus on redeveloping our Downtown and present retail
businesses.
We
call upon alders:
1. To
pass a MORATORIUM ON ALL FURTHER KPW APPROVALS at the 3-25-14 council
meeting.
2.
To conduct an Economic and Fiscal Impact
Study of the proposed SuperCenter
and mall BEFORE proceeding any further with the KPW project
and discuss the findings of the study with the community. We need to know what the impact will be on
our present business BEFORE we create a new mall.
3. To
create a city policy for Tax Incremental
Financing (TIF) Districts in "undeveloped" areas. The
city already has a good policy for "redevelopment/downtown" areas but
not for "undeveloped" areas. For the city to plan to
borrow $4.6 million and then give $5.1 million of taxpayer money to a developer
and WalMart (one of the richest companies in the world) without a city policy
setting rigorous standards
is poor management. Our city should NOT
be giving millions of dollars in subsides - harming hundreds of present retailers
in Stoughton, Oregon, Evansville, Edgerton, and McFarland.
The strongest economy is a diverse economy. We need policies that promote many small businesses, not policies that give more tax breaks to a billion dollar company that squelches competition and takes profits away from our town and state.