The DDA’s Evergreen Avenue Debt: It’s Time to Think Creatively // Alice Dreger
Tomorrow night, Sept. 10, City Council will take up the question of whether to permanently rezone the DDA’s Evergreen Avenue properties (314-344 Evergreen on the east side) to B3. In a report published today at ELi, I explain what that would mean and list what are seen as the pros and cons of this rezoning:
As a lot of Public Response readers know, these properties carry about $5.6 million in debt, a debt for with City taxpayers are ultimately responsible.
That debt … Read more →