Re: Alturas

["John Danahy" <JDANAHY@turbonet.com>]

Title:

Okay, it is confusing, but as I remember, MSD did not lose any tax dollars.  The city and county(?) saw their tax dollars from the park and the surrounding area diverted to pay for the park's infrastructure and "administrative costs" though I don't know what those costs supposedly are.

 

It is the surrounding area that is the core issue here.  Those tax dollars that normally go to the city and the county(?) are now used to pay for the park.  Since the park was developed using tax dollars, initial cost to businesses moving in were supposedly less, thus lower initial capital costs.

 

The initial plan was to increase the number of businesses in town, especially high tech businesses in the park, and associated increases in business out side of the park.  Instead we have current businesses and non high tech businesses locating in the park taking advantage of the tax supported lower capital costs.

 

In the mean time, the city is increasing taxes to pay for normal operations.  Under current operations, what is the tax dollar loss to the city  from the payoff of the bonds?  Why did the park fail to attract the high tech businesses?  How has the park and the surrounding area been impacted in regards to increases in tax assessments?  What other developments within or just outside of the city have occurred with the support of tax dollars or fees?

 

John Danahy
jdanahy@turbonet.com