I have been very concerned with what the needs of Riverside are that the TIF project is deemed necessary to fund. Some folks said things about the "infrastructure" or the "sewage system." Ms Rush graciously posted the engineering study done regarding our sewage system requirements. I realize now that this study contemplates what our new requirements will be with the contemplated development. [Total about 1.2 mil.]
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Question 1: A lot of this pipe replacement runs along streets with existing homes on them. What will need to be torn up to replace these pipes?
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Question 2: Does anyone know what are our present infrastructure needs are now and in the projected future [for Riverside as it is]how much they do and will cost, and what is our shortfall?
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Question 3: Can anyone tell me what is wrong with our finances or budget so that, as trustee Smith said, we have to choose between police payroll and tree maintenance?
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It is hard to tell how TIF is going to help with these needs we already have; so far I am seeing it requiring the laying out of a lot of money but only speculation and no real feasibilty study about recovering our costs AND generating the revenue to pay for the Riverside we know today.