Do people not know WHO pays for a TIF?
Those selling it to you (not like you had a choice) will tell you, the TIF pays for itself.
That's code for, get your checkbook out. You ever notice, it's usually a lot of "conservatives" pushing these projects?
And we love the comment on the Fort Worth Star-Telegram article about the new TIF at 820 and Trinity (you know, where it floods and has for decades...remember Mary Kelleher ?) Wouldn't it make sense to pay for the aging, inadequate infrastructure already in place? Wouldn't that provide jobs?
The TIF, which will divert money from property taxes over 20 years to pay for an estimated $62.45 million in public infrastructure improvements in the Trinity Lakes development,
The property is bounded by Loop 820 on the west, the TRE on the north, Trinity River on the south and Bell Helicopter to the east, and much of it is in a flood plain.
Comment of the day:
Humans are the most destructive and invasive species. Nobody cares. We pave the area over and wonder why it floods.
Sunday, November 18, 2012
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment