At 10:39 PM 7/2/01 -0500, Duke Powell wrote:
>
>Over the years local governments have found
>that, instead of retiring the TIF District
>after 10 years, it was quite attractive to
>"re-up" it and treat the resulting revenues
>as "found money." These monies have been
>used to fund pet projects that have frequently
>involved beautification projects.
>
Do other people agree with this evaluation?
Ever since Kathy Thurber said in her withdrawel
letter "Tax Increment Financing funds the NRP.
It's that simple," I've been trying to figure
out the relationship.
Rosalind Nelson
Bancroft neighborhood
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