I thought that one of the requirements of TIF was blight. And but for TIF
the area would have remained blighted. Are these statements about TIF in
error, or am I mistaken in thinking that Nicollet Mall is not blighted.
Dave Stack
Harrison Neighborhood
(Where 3 deer were seen yesterday browsing in J. D. Rivers Gardens Project)
> From: McDonald, Lisa >
>> ... Secondly if the Mayor was so concerned about revenue then she
wouldn't be letting the MCDA create large Tax Increment Finance districts
for projects like the Target Store and Block E. The districts eat up dollars
that would
>have gone into the general fund. For example, inside the Target store
district, is the U. S. Bank building, the office tower on top of the store,
and the Target Headquarters. All of these would have been built whether or
not the store was built. ... >>
