Waupun Bond Issue Will Help With TIF Development

The Waupun Common Council this week approved a $2 million bond issue to help with the development of a TIF district. About five months ago the city bought 43 acres of land along Highway 151 where the TIF district is being created. The money will aid in the development of a travel plaza that will feature Eden Meats. Tax income generated from the district over the next 19 years will allow the City to payoff the money that is being borrowed.