Many of you probably saw that I made the case that Heart of the City North should not be given $12 million in taxpayer subsidies. You can read my analysis here.
Not surprisingly the developer disagrees and thinks that they should receive $12 million in support of their project.
It will require 4 city council members to say “no” to TIF in order to prevent this foolish subsidy from occurring. Many well connected people stand to make a fortune off of these unnecessary and unjustified subsidies. Lets see where your councilmembers stand.
Note, the Michael’s site should also not receive any TIF to subsidize irrational land prices and the Broadway at Center costs are misleading.