winona  

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

Paul Double
Mon, 03 Dec 2007 17:51:25 -0800

[Winona Online Democracy]

Bob..Thanks for confirming the past abusive uses for TIF's.  I am also sure
those seniors who pay school taxes will appreciate your support of exempting
the public schools from enjoying the benefit of an expanded real estate tax
base by the use of a TIF as their property taxes rise higher than they need
to if the TIF was not used.

 

Paul Double

 

 

Paul...what planet do you live on?  At one time there were communities in
Minnesota that were abusing TIF...Winona was not without sin, but no
atrocities were committed, and the abuse of TIF largely ended.

 

The argument for this project...to be owned by a not for profit...is that we
need more kinds of housing options like this for our older adults.  Seems
like a no brainer to me, but then I'm a left wingnut...lol

 

Bob Sebo

Winona

 

 

 

----- Original Message ----- 

From: Paul Double <[EMAIL PROTECTED]>  

To: Online Democracy <mailto:winona@mnforum.org>  

Sent: Monday, December 03, 2007 9:20 AM

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

 

[Winona Online Democracy]


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I couldn't agree more that this, while possibly legal, was not the intent of
the legislation for TIF's.  I would hope that it not be used as if further
allows the sponsoring government unit the opportunity to not share the tax
base with schools who should also benefit from an expanding real estate tax
base as it occurs. 

 

But it shares the spotlight and hot water of the Port Authority purchasing
the Chrysler building three blocks from the river unless they plan a new
river access up Main Street.   

 

Paul Double

 

-----Original Message-----
From: [EMAIL PROTECTED] [EMAIL PROTECTED] On
Behalf Of c.e. woodford
Sent: Friday, November 30, 2007 8:39 PM
To: winona forum winona forum
Subject: [Winona] Is this responsible use of Tax Increment Financing?

 

 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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_______________________________________________
This message was posted to Winona Online Democracy
All messages must be signed by the senders actual name.
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To manage your subscription or view the message archives, please visit
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[EMAIL PROTECTED] 
If you want help on how to contact elected officials, go to the Contact page at
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