[Winona Online Democracy]


  


----- Forwarded Message ----
From: Ruth Marg <[EMAIL PROTECTED]>
To: Craig Brooks <[EMAIL PROTECTED]>
Sent: Tuesday, December 4, 2007 10:35:32 PM
Subject: Re: [Winona] Is this responsible use of Tax Increment Financing?



 

If people want to build they should borrow money 
just like the regular folk.   When is someone going to question the 
city about the buildings on west Broadway that are going no where.  Where 
is the builder?   I was at the city council meeting when this project 
was brought up and it sounded like the guy really didn't know Winona and what 
they would buy.  How long before the west side of that building starts to 
rot?  The builders didn't even put plastic on to protect it.  
Ruth


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

  From: 
  Craig Brooks 

  To: Online Democracy 

  Sent: Tuesday, December 04, 2007 3:22 
  PM

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

  

[Winona Online Democracy]


  
  


  

  DIV {
MARGIN:0px;}


  I don't 
  know about TIFs except it seems to say the entity will not have to pay 
  property taxes for a period of time.  
My comment is concerning the 
  housing that would benefit from the TIF .  Bob says it is needed.  
  I  don't' think so. 
This effort failed in its first effort and now 
  has renamed itself under a new management umbrella.  It didn't make it 
  the first time because not enough people signed up to buy units.  Seems 
  the demand may not be there after all.  Entry level, low to middle income 
  housing is needed and for the elderly that along with it being accessible is 
  needed.  High end feeder systems for nursing homes may not be what we 
  need or what people want.  Assumptions were made and not enough good 
  market research done.
Craig Brooks

   

  


  


  ----- 
  Original Message ----
From: Paul Double <[EMAIL PROTECTED]>
To: 
  Online Democracy <[email protected]>
Sent: Monday, December 3, 2007 
  7:50:39 PM
Subject: FW: [Winona] Is this responsible use of Tax Increment 
  Financing?

[Winona Online Democracy]


  
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  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 
    


    
    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]

    
    
    

    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

      
    

    
    
    

    Get easy, one-click access to your favorites. Make Yahoo! your homepage. 

    
    
    

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