Michael Bates, 11/ 9/2007 - 1:23pm "Joe, it would be an end-around if the city tried to impose the same sales tax that the citizens voted down. What was on the ballot on October 9 was a sales tax increase for river projects, not river development by any other means.
As for our limited resources, the beauty of a TIF is that it does not put the city government's limited resources at risk. If the TIF district is structured properly, the risk will be on the developer, and the developer will be reimbursed for infrastructure-related expenses only if his development generates enough new revenue within the TIF district."
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