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

[Bob Sebo]

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: winona-bounces at mnforum.org [mailto:winona-bounces at mnforum.org] 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. 



------------------------------------------------------------------------------


  _______________________________________________
  This message was posted to Winona Online Democracy
  All messages must be signed by the senders actual name.
  No commercial solicitations are allowed on this list.
  To manage your subscription or view the message archives, please visit
  http://mapnp.mnforum.org/mailman/listinfo/winona
  Any problems or suggestions can be directed to 
  mailto:winona-admin at mnforum.org 
  If you want help on how to contact elected officials, go to the Contact page at
   http://www.winonaonlinedemocracy.org
-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://mapnp.Geeks.ORG/pipermail/winona/attachments/20071203/500999b5/attachment.html