Monday, March 28, 2011

Uh oh, Cappuccino has a folding metal TIF chair in the ring, and Maalox doesn't see it ...

Slippery heated oil and freshly churned Ohio River channel mud with flapping carp still attached are likely to become the hallmarks of a serene, reasoned debate as world-famous TIF RASSLIN' is renewed this Thursday at a city council work session.

New Albany council to discuss $42 million development; River View project calls for $12 million public investment, by Daniel Suddeath (One Southern Indiana Newspaper)

The New Albany Redevelopment Commission took the initial step recently to provide the public funding by voting to amend the downtown parking garage TIF district to include the River View development. The city council will now have to vote to amend the TIF district, and there’s been consternation among some officials over whether public money should be invested in the project.

Previously at NAC:

Three views of the River View riverfront development project

There, I fixed it.

2 comments:

Jeff Gillenwater said...

It will be interesting to see which if any of the candidates go for this poorly rendered Reaganomics pitch or if some of them decide to act like Democrats.

Jeff Gillenwater said...

Securing a year-long option on over $1 million in property for $1,000 was a joke to start with. That first 12 months ends in April.

We should be exploring ways to deny renewal for another year if at all possible.