Sarona
Real Estate
Armstrong: Housing bill victories, tax reform busts
Wisconsin’s 2023-24 legislative session is all but finally closed and Rice Lake’s representative to the Assembly recently reviewed the hits — and the misses — pertaining to his priorities and that of the GOP. Republican Rep. David Armstrong of Rice Lake was elected for the second time to represent District 75 in 2022, joining a 64-35 GOP majority in the Assembly. Housing and economic development were among the cornerstones of...
Housing developer wants to bring agreement back before City Council soon
Over the past year the city has taken action — such as creating a new TID and rezoning parcels — to pave the way for a developer to build affordable homes on the city’s southeast side. But getting a development agreement signed on the dotted line is proving to be a stumbling block with the developer asking for more financial assistance than the city seemingly is willing to give. While...
Housing development agreement, acquisition of former hospital land on Rice Lake City Council agenda
The Rice Lake City Council will be considering the approval of a final plat for the Burton Estates housing development proposed by Kinnick Development and the developer’s agreement when it meets Tuesday in regular session. In his brief, City Administrator Curt Snyder said of the platting that it seemed to be a “well-conceived development” that would provide much-needed housing in a location close to services, Tainter Elementary School and Moon Lake Park. ...
Ann Street property sold? No so fast.
Barron County has agreed to sell an empty building on Ann Street in Rice Lake for $125,000 in cash. But there’s a catch. The sale is contingent in part upon the city rezoning the property. Apparently, city staff is not in favor of this move. City Administrator Curt Snyder is recommending the Plan Commission, meeting Thursday at 5 p.m. in City Hall, reject Randall Therapeutic Services’ request to rezone the...
Affordable housing development agreement could be delayed until spring
Kinnick Development Group’s request for financial assistance via TID No. 7 apparently is holding up the final draft of a development agreement for the council’s consideration, and the city administrator is recommending that the deadline for approving the final plat be moved to March 14. However, Kinnick co-owner Neal Krzyzaniak has stated to the city that for Burton Acres to happen in spring 2024, they need a finalized development agreement approved in November so it can obtain final loan approvals. ...
Citizen, County Board want to maximize value of Ann Street property
The Property Committee of the Barron County Board of Supervisors, tired of trying to find a buyer for the former school on Ann Street in Rice Lake, recommended last week that the County Board hand it over to the city of Rice Lake for a dollar in return. At Monday night’s County Board meeting, a citizen objected, and the County Board overruled the committee’s desire, seeking to get the maximum value for it. The structure was first occupied in 1961 as the new site of...
Sticker shock: Property values jumping in Rice Lake
Spurred by an increase in market values, properties classified from residential to industrial in Rice Lake have seen a jump in valuation — but that doesn’t necessarily translate into a hike on a property’s tax bill. Equalized valuations in Rice Lake increased in 2023 by an average of 19%, according to the state Department of Revenue. The greatest hike was seen in residential properties, which jumped an average of 29%, followed by manufacturing at 15%, commercial at 8% and other at 7%. ...
Committee is at dead end with Ann Street property
At its meeting Monday afternoon, the Barron County Property Committee decided it will ask to seek advice from a local realtor for its building and property on Ann Street in Rice Lake after many months of interest and inquiries about it have resulted in no offers. County Administrator Jeff French said neither he nor Barron County Economic Development Corp. Director Dave Armstrong want to spend any more time on the property, where all interest has led to dead ends. ...
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