February 10, 2012

What is so difficult to understand about TIF bonds?

Alderman Perkins and Supervisor Trainer seem to not like progress. That’s the only reason I can think of when they voted against the TIP bonds for retail development. It seems a slam dunk to myself and quite a few other Starkville residents.

Let’s try this again:

Developer says I’m going to sink lots of money into your city/county. “Can you help with infrastructure- pipes, wires, roads? I’ll pay for it myself now, but can you reimburse me when you want to how you want to if I do what I say I’m going to do by a certain time? And you can take part of my taxes, which will increase because I’m putting a bunch of my money into the project, to pay for it.”

Lather, rinse, repeat.

Thankfully, they seem to be in the minority and it passed both bodies.

Comments

  1. says:

    I’m really starting to wonder why Alderman Perkins is always against everything that comes up. I think it’s good that he wants to learn more before voting in favor of things, but with all the positives these projects will bring our town he’s still against them. Just what is it that he and Supervisor Trainer are so afraid of?

  2. says:

    Good gosh. Are there any qualified people with vision that can unseat Perkins in the next election?

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