LAIC Executive Director presents budget request, updates county commission on projects

The Lake County Commission heard requests for the county’s 2022 budget during it’s meeting on Tuesday.  

One of the agencies requesting funding from the county is the Lake Area Improvement Corporation.  Executive Director Eric Fosheim requested the same amount in funding that the LAIC had received in previous years – 25-thousand dollars. During his meeting with the commission, Fosheim talked about what the LAIC is planning for when it kicks off it’s Forward Madison Four campaign this fall.

Fosheim said that a daycare committee has been formed to start developing ideas to establish a daycare center in Madison.

He said that housing also continues to be a focus of the group and updated commissioners on current projects. Fosheim said that Cyber Estates in northeast Madison has been going well, but there has been a halt on a couple of other projects for the time being.

Fosheim told the commission Tuesday that truShrimp continues to work on investments and is hoping to secure a strategic partner.  He said also that Runnings is planning to open it’s new retail location in the Lakeview Industrial Park in September, with a ribbon cutting scheduled for October 8th.  Fosheim said the building Runnings is located in currently, the former Campbell Supply location in Madison, is now for sale. 

He told commissioners that InfoTech and Midwest House Movers have started operations in their new buildings in and near the Lakeview Industrial Park, and he said that the LAIC is currently working with two business prospects.  One, he said, is looking to locate outside of Madison and the other is looking at the corporation’s spec building in the Lakeview Industrial Park.