The "but for" test is one that can only be judged with full knowledge of and comparisons to Illinois State Statutes and TIF case law. It cannot be evaluated using standard dictionary definitions.
The TIF Redevelopment Plan is the document that puts forth an evaluation by the Village's consultant, Kane McKenna, as to how the proposed Riverside District meets the "but for" test as it is required by State Statutes and case law. I would caution anyone from offering an opinion as to whether the proposed Riverside TIF meets this test unless they have some familiarity with State Statutes, case law and have studied the Kane McKenna report. I have not and, therefore, I am unable to offer that opinion. I am familiar with Kane McKenna and they are a highly reputable consulting firm. They would not issue a written report and put their good name on the line without believing what they are reporting.
Let me add; I promised myself that I would not be involved in this forum any longer as I see it becoming extremely counter productive. However, I regret that someone has put me in a particular camp, i.e. "pro-tif". I think that a general categorization of anyone as pro-tif or anti-tif shows a certain lack of awareness of the concept of TIF. As I have repeatedly said, TIF is a tool. The effectiveness and appropriateness of TIF (or any other tool) depends 100% on how it is used.
I am not 100% certain as to how a TIF might best be used in Riverside. I do think, however, that a TIF that uses school tax dollars is not appropriate for Riverside. Likewise, I do not see the use of eminent domain for conversion of homes to other uses as appropriate. This opinion comes from my believe that Riverside is primarily a residential community whose primary historical value is based on the Olmsted plan and whose primary current value is based on the quality schools (I also have vested interest in the schools beyond property values). I also do not see the Village as being strong enough financially to take any risk with bonds for downtown development.
I suggest that your discussion focus more on how the Village is proposing to use TIF not on whether the Village should use TIF. This could be more productive and perhaps lead to other ideas of how the Village might use this TIF tool to our full advantage.
Posted Tuesday Dec 19, 2006 23:01
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