[Winona Online Democracy]
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
To: Online Democracy
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] [mailto:[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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