The City Commission, now majority pro-Tif, is moving forward with creating a tax increment financing district on the same land targeted when Lowe's wanted to come to town two years ago. Goff Industrial Park off Skyline Road.
I have no knowledge of any concrete proposal for a development in that area, but the commissioners who support the TIF are open to helping retail stores. That's where the rub seems to be, with commissioners Smith and Kuhn deadset against retail TIFs.
My understanding is that it takes 4 out of 5 commissioners to approve the bonds, or part of what's need to do a TIF deal. How they get that 4th vote, I don't know, without the commission changing.
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1 comment:
It is almost as if Smith and Kuhn are against any kind of retail. I would think that any kind of jobs, retail or otherwise, that we bring in would be a good thing. And if any new retail can attract business from out of town, all the better for our local retailers.
That being said, there is no reason for the TIF to be only retail. It can be used for just about anything else as well. As I understand all it does is divert property taxes to pay for city improvements of water, sewer, streets and lighting. I would sure hate to see a business (retail, industry, office, etc...) not look twice at us because we have nothing to offer!
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