Hudson City Council Votes Against Rezoning to Build New School, Cites Tax Revenue
The Hudson city council voted 5-1 Monday night against rezoning a former dog racing track site to be built into a school.
The school district says the old St. Croix Meadows is the best site to build a new school and address the district's overcrowding problems, but the city says it's too valuable for commercial development.
Right now, the 130 acre property generates $95,000 of taxes each year, but the city says if it's developed, it could provide $1.2 million in taxes.
"The city's belief is that this is not the time to give up the opportunity for that kind of tax revenue coming both to the school and to the city," said Rich Vanselow, the city council president.
This all comes after voters passed a referendum in favor of the school being built earlier this year. Vanselow said many on the city council believe the public didn't have all the information at the time of the vote.
The district says it will start evaluating its options.