Re: Bill Connors Speaks: Updates TIF #5 status.

(Ed. note.  This is a Feb. 10, 2005 comment posting that I thought worthy of reposting. )

Richard Woulfe <woulfe98@yahoo.com> wrote:

--- billconnors wrote:


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At present, the city has only one TID, TID No. 5.
TID No. 5 will pay for the assistance provided for the
pharmacy. Currently, TID No. 5 is not failing, or
more precisely, it is too early to tell whether TID
No. 5 will fail or succeed. I have stressed with the
Redevelopment Authority that the financial plan for
TID No. 5 is predicated on attracting, over the next
few years, some large, private redevelopment projects
that produce more tax increment than they consume. So
far, we have not attracted any such projects.

Bill Connors
Evansville City Administrator

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Posted by billconnors to Evansville Observer at
2/10/2006 09:43:13 AM