Quote:
Originally Posted by Roughneck
(CRLs only include new development, so The Bow was never paying into general revenue and wasn't expected to for 30 years when the drew the line, so no budgeting was done assuming it's property tax, it was always committed to the CMLC).
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The Bow had already been approved for construction on its own merits before the CRL came up. It was ‘new development’, all right, but it was only part of the CRL because City Hall deliberately gerrymandered the boundaries to include that parcel of land. There would not have been remotely enough tax money in the CRL to pay all the costs if the Bow had not been included.