Major Error Over TIF in University City
this is a major screwup. Consultant should be tarred and feathered
this is a major screwup. Consultant should be tarred and feathered
www.bizjournals.com/stlouis/news/2018/06/28/commentary-taxpayer-largesse-unnecessary-wasteful.html
A good editorial that appeared in the St. Louis Business Journal opposing a TIF for this project. Show Me Institute was author of article.
www.bizjournals.com/stlouis/news/2018/05/29/university-city-development-proposal-mirrors.html
A very thoughtful article in the Business journal about the proposed development at 170 and Olive in University City. This is a big project and many homeowners could be displaced. They would receive just economic benefit but the overall cost to them and the community is large. Written by Paul Dribin
NOVUS Development had been approved by University City to develop a mixed use commercial site at the intersection of Olive and I-170. This is an ethnically diverse area with lots of small businesses and minority residences. Community leaders are calling for a Community Benefits Agreement which would establish clear objectives to benefit everyone in the community especially those that might be displaced by the development. I believe this is only fair and proper in such a situation. I am confident this development will be a win-win. Written by Paul Dribin
The St. Louis Business Journal has written an editorial called Trolley Follies, criticizing the trolley effort in University City. I am disappointed they stole my headline and more disappointed I have been proven correct on this issue. Now we are stuck with the unsightly tracks that disrupt traffic flow. When will we learn? Written by Paul Dribin
Once again some more stuff. Joe Edwards, the head of this fiasco has informed the community the trolley needs another $500000 from St. Louis County. This is in addition to the $53000000 or so that has already been spent on a project over budget and behind schedule. Worse, the US Department of Transportation has stated that if the project does not get off the ground pretty soon, St. Louis will lose future transportation funding. Need I say more. Written by Paul Dribin
This is the gang that can’t shoot straight. Now the opening of the trolley is delayed again because one of the three cars needs repairs and the parts are not available. There are also rumors of dissension within the ranks of the Loop community due to the number of businesses that have been lost during the construction and the lack of leadership from Joe Edwards.