Wye 2 Targeted Economic Development District
Missoula County commissioners adopted an ordinance creating the Wye 2 Targeted Economic Development District on Nov. 9, 2023.
Let us know your questions on a second Targeted Economic Development District in the Wye area.
On Nov. 9, 2023, the Missoula County Board of Commissioners adopted an ordinance creating a second Targeted Economic Development District at the Wye and voted to approve the comprehensive development plan.
The TEDD designation enables a local government to address infrastructure deficiencies impeding industrial growth. The creation of a Wye 2 TEDD will enable Missoula County to fund infrastructure, such as sewer, water, transportation and life safety services,, to support value-adding enterprises that will improve the economic well-being of the area.
This is a new TEDD, surrounding and separate from the existing Wye TEDD created in 2020. To differentiate it from the existing Wye TEDD, the area is referred to as “Wye 2.”
The first step in establishing the Wye 2 TEDD was to conduct a review of infrastructure deficiencies, then adopt a resolution of necessity for the area, which the commissioners did at their Aug. 24 public meeting. The documentation of these conditions, in accordance with state law, provides the necessary foundation upon which a local government may establish a TEDD (see Resolution and Statement of Infrastructure Deficiency in the documents widget on the right-hand side).
Types of infrastructure identified as deficient were:
- transportation
- water
- wastewater
- stormwater
- broadband
- fire protection
- life safety services
Comprehensive Development Plan
The next step was to write a high-level Comprehensive Development Plan (CDP) for the Wye 2 area, which staff did and presented to the commissioners at their Oct. 26, 2023, public meeting, and again at their Nov. 9, 2023, public meeting, where the commissioners approved the plan and adopted an ordinance creating the TEDD.
The CDP discusses types of infrastructure projects that are eligible for Tax Increment Financing at the Wye. The CDP sets forth a series of goals and strategies that Missoula County can undertake to address the infrastructure deficiencies in support of secondary, value-adding economic development, such as manufacturing or technology research. It also links the effort to create a TEDD to the overall vision for the County, as defined in the Missoula County Growth Policy, the key land use document, and other associated documents, such as other plans and studies, including zoning.
Residents had several opportunities to learn more about the Wye 2 TEDD and provide their feedback, including at the Missoula Development Authority Board meeting on Sept. 27, the Missoula Consolidated Planning Board meeting on Oct. 17, and the commissioner meetings on Oct. 26 and Nov. 9.
Let us know your questions below on the establishment of the Wye 2 TEDD and stay up to date on the project by following this page.
You can find frequently asked questions in the “FAQ” widget on the right-hand side.
Missoula County commissioners adopted an ordinance creating the Wye 2 Targeted Economic Development District on Nov. 9, 2023.