In a message dated 11/18/2000 8:11:54 PM Central Standard Time,
[EMAIL PROTECTED] writes:
<< My wife and I were walking around south Park Avenue tonight after a wedding
and wondering why there hasn't been enough political muscle to designate
this avenue and surrounding areas a historic district? There are some great
buildings around here and focusing on this avenue from downtown into the
neighborhoods might be a great way to connect downtown to the rest of the
city. Imagine if we focused redevelopment on avenues and streets radiating
and stretching way into the neighborhoods instead of just one or two blocks
downtown. Does anybody have thoughts?
>>
What do local neighborhood people/organizations think about this? Has local
NRP made movements in this direction? What will possible loss of Honeywell
funds in a year or so mean to the general area (after GE buyout)? If memory
serves me, designating the area as historic would only serve to increase the
cost of improvements-- to a degree greatly offsetting any historic funds that
might be available. I think using TIF for support of such efforts remains
questionable since subsequent increases in tax revenues would remain
unavailable to general fund for prolonged periods-- just as in downtown
development scenarios... and the tax revenue stream is needed now, and over
the next decade just to meet current demands/shortfalls. Besides, doesn't
NRP already run on general-fund-diverted TIF funds?
M. Hohmann
13th Ward