Dave Reid

Zoning Committee Considers Additional Aloft TIF Funds

By - Mar 16th, 2008 08:10 pm
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Resolution 071392 was likely to be very controversial given its intent to authorize additional funding for Tax Incremental District No. 48 (Park East) which would support the development of a Riverwalk section along the proposed Aloft site.

Resolutions related to TIF financing often spark vigorous debate on how the funding should be allocated, what additionally requirements will be asked of the developer, and does this project truly require assistance. This resolution was no different as members of the Good Jobs and Livable Neighborhoods Coalition were present and looking to push this development project to be required to pay prevailing wages and additional requirements similar to the community benefits agreements they have pushed in the past. The debate will wait until next month as this item was held to allow Committee members time to obtain additional information about the proposal.

Another contentious resolution, 070548, proposed allowing electronic changeable billboards to change advertisements every eight seconds. Alderman Bob Bauman and Alderman Michael Murphy expressed concerns over the possibility of driver distraction and light pollution that this change may cause. Although no citizens appeared to speak in opposition to this resolution Murphy pointed out “the media has for whatever reason doesn’t cover city government like they used to” indicating that with wider coverage he felt citizens would be opposed to this resolution. In the end it passed on a narrow three to two vote with both Bauman and Murphy opposing the resolution.

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