Is TIF District No. 5 in trouble? The Observer has it.

 

Why would we relax the payment from the economy store?    These developers wanted this money, now they can pay for it.    Many people said from the beginning the city never should have given these developers as much money as they did.   They then went above and beyond what they normally gave for TIF money for this project.

Our city administrator says it’s the other properties that have not gained like they should.  Really?   Compared to what?

EVANSVILLE  tax payers beware we do not want the fall out of a failed TIF on our taxes.    That would be disastrous.

They never should have given TIF 5 that much money.     It was and has been questionable all along.

 

The Observer has it.

 

http://evansvilleobserver.blogspot.com/

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