Latest Tax Giveaway for Project Formerly Known As City Center II // Eliot Singer
1) Revelation that DRW/Convexity was going to ask for a brownfield waited until after the vote on income tax.
2) There will be no money to pay for public services for the project for the duration of the brownfield (which could have been spread out longer, at 50/50 tax increment, if any tax diversion is warranted). I see there has been another shooting in the Grove St. garage, and with reduced property tax millage, the contribution toward public safety from the DDA TIF district … Read more →