Letter to Rich Gruber and Jimsi Kuborn I'm concerned about the plans to expand TID 38 further north toward the current WSCC development area. This for me is a two-fold concern. First it feels too soon in order to provide an amendment, as this is a potentially 17 year undertaking and we're only two months in. Second, the space which the expansion concerns feels as though it is mainly serving one property owner despite the multiple parcels included. Any partnership involves a give and take. With TIDs being performance based, it feels odd that we would already be reviewing it's long term capability when we're only two months into this project. I'd like to touch on the point Councilman Marshick brought up during the April 8th council meeting ([1] 1:11:13): "it's a long game, it's a generational thing". I agree that we need to consider this in proper scale; as of this weekend we are at two months past the groundbreaking on the Woodman's Center development. It feels rushed, as though we're not simply doing this as a means to pivot on the original plans for this are. This brings me to Director Kuborn's statement in the same meeting on why we are looking to do this Amendment. She stated "we have created this proposal... for several reasons... the mall is a challenged property to redevelop... the way that we move forward with our TIF agreements are performance based... we picked out as few parcels as possible, and how to be a fiscal partner to help the redevelopment of the mall itself" ([1] 1:01:56). Providing the full context here, I feel that the last part is where the truth comes out. I feel that sudden pivot for these changes are not in order to aid the parcels chosen along Milton Avenue in any way. I don't think this is being hidden either, as it was stated clearly; "to be a fiscal partner to help the revelopment of the mall" [1]. When councilwoman Miller asked about the chosen parcels, it was agreed that some of them are already developed properties, chosen specifically to create a contiguous district leading into the mall area. This is a stretching of the purpose and use of TIF districts in order to serve Rockstep Capital, which has owned the property surrounding the WSCC since at least 2019 [2] . While I understand this will also help us to redevelop the roads along Milton Avenue, it's the additional residential area that's included behind the mall that makes this hard for me to accept is simply for road development. Included in the 9 chosen parcels is 2500 Liberty Ln which sits just across from Ardon Park, and has been owned by Rockstep Capital since 2018 [3]. With the mall and this property being lumped into TID 38 we appear to be choosing parcels that do not need further development or pass as "but for", for the sake of including Rockstep Capital's properties into the tax-benefit status a TID provides. This does not fall under the intended uses of Tax Increment Finance districts, nor does it fall into the ethics we should hold ourselves to as a City. While we have to use the tools at our disposal, we should take the full project into consideration prior to adjusting our plan. For all the information and deliberation that has gone into the planning phase, we shouldn't need to pivot only two months into our actual process. reference 1. 4/8/2024 Council Meeting https://janesville.granicus.com/player/clip/4236?view_id=5&redirect=true#:~:text=2.%20Consideration%20and%20action 2. 2019 Real Estate Property Tax bill for 2500 Milton Avenue, made to Rockstep Janesville LLC, subsidiary of Rockstep Capital https://tinyurl.com/rockstep2500miltonave 3. 2018 Real Estate Property Tax Bill for 2500 Liberty Lane, made to Rockstep Janesville LLC, subsidiary of Rockstep Capital https://tinyurl.com/rocksteplibertyln Kailey