Finance Committee 10-13-2026

The City of Green Bay Finance Committee met on October 13, 2026. Members approved a development agreement with Global Optics Incorporated for an 8.65-acre city parcel at the Grand View business park. The proposed 70,000-square-foot headquarters and distribution facility would be supported by a pay-as-you-go TIF incentive covering 75% of available increment until eligible costs are repaid or the district is terminated; the developer would purchase the land for $216,250. Staff cited a $1.159 million project funding gap. Public roadway and utility work to serve this and future development is estimated at $2.7–$2.8 million, funded through the TIF, and had not yet gone out to bid. The committee also approved renewing city farmland leases at $150 per acre annually, up from $130, with the rate fixed for three years.

The committee approved purchasing 30 Bullard TXS thermal-imaging camera packages for the Fire Department. Following an RFQ, Fire Safety USA was selected because it met the full specifications, including field-swappable batteries and repair turnaround requirements; the purchase amount was not stated. Members also reviewed—but did not approve—the draft 2027–2031 Capital Improvement Plan, which listed about $90 million in proposed 2027 expenses across city departments, with borrowing then estimated in the $20 million range. Discussion covered potential fire apparatus and equipment purchases, road and bridge work, facility repairs, technology replacements, and park projects; staff described the plan as a changing document and said funding sources and a borrowing request would return later. The transcript mentions a proposed $100,000 budget amendment near adjournment but does not show committee action on it.