Riverside Info » About Riverside

A different way to look at a TIF

(29 posts)
  1. MikeT
    Member

    Looking at the TIF map from afar, seeing it all at once in the tinyurl, looks curiously like a chalked police outline of a crime scene.

    If it looks like a crime, and feels like a crime, then ...

    ...you make the conclusion.

    VOTE NO on April 17

    and tell your trustees how you feel about our town's future.

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    By the way, that unfortunate decapitation is the Village Center. Because of the Village's inaction, cowardice, and altogether flabbiness, they left millions of dollars of increment on the table by not doing the TIF earlier so that this project could have been included.

    WRONG !

    The board was WISE ENOUGH and STRONG ENOUGH to withstand wrong headed arguments in this case to see that development was occurring without a TIF, so it could not, and should not, be included in a TIF. They acted properly.

    BOARD:

    Continue your wise ways and do not establish a TIF district now as development is happening already. We also know more about this thing called TIF and know it can put the schools at risk as well as displace private property owners.
    Let development continue as the free market allows.
    Follow our ordinances.
    Tighten the B2 ordinance to not allow something like the 'Olmsted Commons'+, which would certainly be contrary to what Riverside is all about, which is low density, elbow room, charm, non-congestion, 'tranquility, a unified landscape' with its surrounding area, as it says in the vision statement.
    In short, we have the goods already in the town itself; clean and polish it up and market it.

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    +For anyone who does not know:
    Olmsted Commons is one of the visions that came out the recently held workshops.++ It is actually steps beyond a vision since it had an architectural firm do a rendering and a brochure along with project cost estimates. It also had a plan, by the project owner's own statements made in public, for the displacement of blocks of private property using eminent domain, which use is enabled in a TIF. Since the use of eminent domain is by definition not neighborly, decent and cooperative, is it also contrary to Riverside's vision or essence.+++

    Therefore the TIF is contrary to the proper idea of Riverside. The Olmsted Commons project is a sufficient example, or test case, to invalidate the TIF and some of the B2 Ordinance that would allow it to spawn. Note: the Olmsted Commons, by its own admission, needs no variances to the B2 ordinances; it just needs a TIF. Its brochure can be used as promotional material by opponents of the TIF.

    ++
    Trustee Shields said that there was nothing that he saw in the 9 workshops that would preclude him from opting for a TIF in Riverside. In a similar manner in which St Paul talks about the 'eyes of faith', there seems to be a notion of 'the eyes of TIF', where, with these eyes, one can look at a project such as the Olmsted Commons and SEE things such as high density, cars, congestion, busy-ness as all good. With those kinds of eyes, one can understand how they would not see the good in quiet tranquility, unified landscape etc. One can see, in fact, how those kinds of eyes would produce ayes for the TIF.

    +++ see the vision statements under consideration
    http://www.riversideinfo.org/forum/topic.php?id=206&page&replies=11

    Posted Thursday Apr 5, 2007 13:26 #
  2. Tim
    Member

    Admin, thanks for the graphics update above.

    You can now check out the $100,000 wings of greed reaching out from the CBD into residential Riverside...with that blighted appendage limply dangling to the south...

    ...you sunk my battleship!

    Posted Thursday Apr 5, 2007 22:37 #
  3. ChrisHajer
    Member

    Tim, thanks for those maps. I did a little Photoshop job on the two, laying the CBD boundaries over the proposed TIF boundaries. I tried to line up as many points as I could, so it's close but not perfect.

    tif and cbd maps combined

    Also, I didn't carve out for the VC since that's actually in the CBD (just not the proposed TIF district). I just laid the CBD map on top of the TIF map.

    Posted Thursday Apr 5, 2007 22:38 #
  4. Aberdeen
    Member

    Why, that IS a different way to look at the TIF...

    Posted Thursday Apr 5, 2007 22:43 #
  5. MikeT
    Member

    Moving from right to left, I see a dog or a T REX with a colored backpack - Barney on LSD, or at a dinosaur glee club.

    Posted Thursday Apr 5, 2007 23:16 #
  6. Tim
    Member

    The Village of Riverside presents us with another example of a TIF in their election flier mailed today. This example for a TIF could be seen as misleading by some when taken in context with the proposed TIF for Riverside.

    The example in the flier details a TIF district with growth equivalent similar to a TIF created in the SMALL CIRCLE. That municipality could certainly benefit from a TIF.

    Unfortunately, the Proposed TIF District for RIVERSIDE has a growth dynamic that is quite different than the one in the flier. The TIF District proposed for Riverside is a big as it can be and encompasses 6% of our overall property tax base (not two substandard commercial buildings). Our proposed TIF District is growing even without a TIF. Private investment has occurred within (the Arcade) and adjacent (the Village Center) to the proposed TIF District.

    TIF can be a complex issue and to oversimplify the TIF proposed for RIVERSIDE could be seen as misleading. The proposed TIF District for Riverside is far more than two substandard commercial buildings.

    Posted Thursday Apr 12, 2007 17:22 #
  7. Elisa
    Member

    The scary thing to me is that the flyer that was mailed shows that there is no further discussion. They are going to move forward (or will attempt to, depending on the makeup of the board and when they vote) whatever the referendum results are. There is no indication that they are willing to back off and try some of the suggestions offered in the workshops or the REAP recommendations before turning to a TIF as a last resort. That is what I got from the flyer.

    Posted Thursday Apr 12, 2007 17:33 #
  8. Catherine
    Member

    Tim, I hope you will write to the Landmark about the misleading nature of the government sponsored TIF flyer, as this argument will not be over even after the referendum.

    Elisa, they have the vote set for May 7 according to the Landmark, and the new board sits on the 21st I think.

    Of course they do not care what anyone thinks and they never did.

    Posted Thursday Apr 12, 2007 19:10 #
  9. spatny
    Member

    How does one square this puff piece for the TIF with the concept of the next two Trustee workshops "where they will examine and decide." What BS. See you in court, where they can try and prove that it meets the "But For" test.

    Posted Friday Apr 13, 2007 11:11 #

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