[Winona] Is this responsible use of Tax Increment Financing?

[c.e. woodford]

[Winona Online Democracy]


 I've been reading about the Applewood Point project in the local papers and 
wonder if anyone else on WOD feels this is a negligent use of TIF? I dont 
believe TIF was conceived for projects such as this. Is this a blighted 
property? I will grant you that it is not on the tax rolls now...only because 
its been coveted by a church and never been offered on the open market, but I 
have to believe it is certainly a marketable property. 
 Being a former taxpayer in the city of Chanhassen, I have seen TIF go way 
awry( do a search on the Star -Tribune website, there are several articles 
detailing the Chan problem, this isnt that comparable but it does show a good 
reason why TIF requests should get the utmost scrutiny) and come back to bite 
the taxpayers.
 Is there someone else here who has a different point of view on this project? 
Am I not getting the whole picture on why this is a benefit to Winona 
taxpayers? Does anyone else have the same opinion as I do on this?

c.e. woodford

       
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