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District 12

Alder Barbara Vedder

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Alder Barbara Vedder

Contact Information

Home Address:

2314 E Dayton St

Council Office

Common Council Office:
210 Martin Luther King, Jr. Blvd
Room 417
Madison, WI 53703
Phone: (608) 266-4071
Fax: (608) 267-8669
WI Relay Service

District 12 Blog

My Vote on Raemisch Farm

September 6, 2022 6:50 PM

Dear Neighbors,

Today at the Common Council we are going to discuss the Raemisch Farm proposal. The proposed project is not in my district but it does impact the greater Northside.

You may also recall that twice before I did not vote for this project because of concerns surrounding the F-35 fighter jets. However, this time around I am supporting the project. There are three big reasons why I am supporting it now:

1- The developer has made a written commitment to do sound mitigation for the project and also submitted an application to create a Tax Incremental District which will also help the city to make sure sound mitigation is part of the project.

 

2- The project will create 70 market rate single family houses. It will also create 2-4 unit houses and will create 400 plus units of multifamily housing.

 

3- The creation of TID will help create economic development on the Northside of Madison. The last 4 years we have seen a lack of investment on the Northside. I believe this $160 million investment on the Northside will unlock many opportunities for minority owned and small businesses to use Tax Incremental Financing.

I acknowledge my support for this project might come as a disappointment to some of you. While I feel for people on all sides of this, I am making this vote thinking of the people of the City of Madison. We are facing one of the worst housing crises and with higher inflation rates and interest rates, the rental market and housing market is out of reach of many of our community members. In this circumstance, I have spoken to many of you and those in our area, and we need to create this much needed housing.

 

Thanks 
Syed




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