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Originally Posted by BigRedChief
Thats the reality of business. If they don't get the money they will go down the street to the next city, as Bass Pro Shops did.
Doesn't make it right. It is what it is. Why should we pay millions of $'s to a staium for a team to play in but we have no say in how that team is run. Basically, Taxation without represntation. But we got to vote so we said it was okay to do to us.
There will be no tax increase to the public but maybe there still should be a vote?
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Other then the fact that the developers are asking for more then the original TIF.. They want it for over 23 years... The other thing that pisses me off about these places is they dilapidate other areas.. No new revenue is created from these things, just stolen from other areas near by...
Lets take the northland
Barrytowne got a small TIF to be built, promised close to 1000 jobs and new business.. It has about ten jobs and 400 employees in all the stores.. It also helped further the decline of Metro North..
Then you got Zona Rosa coming with its TIF, owned by the same company as Barrytowne.. It stole businesses from Barrytrail and Metro North.. So now those places are sitting empty or soon to be empty once Circuit City moves to Zona.. Metro North is practically dead, but guess what they are talking about getting a TIF to redevelop that also..