Brockland GMC to move to Columbia; TI...

Brockland GMC to move to Columbia; TIF runs out in Cahokia

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PFC supports TIF

Columbia, IL

#1 Mar 10, 2013
GOT incentives. Come on down our pants are down come on in. We know this Columbia town has the location you need. Butt bend us over we luv it.
Da truth

Ballwin, MO

#2 Mar 10, 2013
PFC supports TIF wrote:
GOT incentives. Come on down our pants are down come on in. We know this Columbia town has the location you need. Butt bend us over we luv it.
It's what happens all the time with TIFs. Business's just leave once it expires. Or they hold the city hostage to get another one like Budnick. Your council members are morons.
Larry

Columbia, IL

#3 Mar 10, 2013
Weber done the same thing to the city. A few years back
Dairy Dan

United States

#4 Mar 10, 2013
Bob Blockhead will not survive very long. Webber will burry them. The reason Blockhead practices nepotism to the max.
sniffy

Columbia, IL

#5 Mar 10, 2013
Dairy Dan wrote:
Bob Blockhead will not survive very long. Webber will burry them. The reason Blockhead practices nepotism to the max.
OH CONTRAR car dealerships do better clustered; retail gravity. the Independent news update said 2.5 million dollar facility. That's about a 70 thousand dollar a year hit for property tax of which 70plus % goes to the school. Maybe we could hire another assistant principal; oh wait we would need two dealerships for that. support vouchers.
Da truth

United States

#6 Mar 10, 2013
Larry wrote:
Weber done the same thing to the city. A few years back
Let me guess. Dog man forgot about that little hostage moe already. No wonder he couldn't graduate from a 4 year college :(
wake up

Waterloo, IL

#7 Mar 11, 2013
Brockland needs out of Cahokia and will move to Columbia with out incentives !!!!!
overtaxed business

Columbia, IL

#8 Mar 11, 2013
If any Asshats give him anything I refuse to pay any property tax. Occupy the courthouse beechez.
Dairy Dan

Columbia, IL

#9 Mar 11, 2013
Guaranteed Brockland wouldn't be moving unless he is getting a bunch of OUR TAX DOLLARS!!
Woody

Millstadt, IL

#10 Mar 12, 2013
If this is true, and they are getting a tif, then they had better get on having that property declared blighted. First leg in the tif journey. That shouldn't be a problem out there on old rt 3.
Turk

United States

#11 Mar 12, 2013
Sales tax rebate is not the same as TIF.
Nundestadt B

Columbia, MO

#12 Mar 12, 2013
Dairy Dan wrote:
Guaranteed Brockland wouldn't be moving unless he is getting a bunch of OUR TAX DOLLARS!!
With all due respect, Dairy Dan, you don't know what you're talking about. How the HELL is Brockland or any other business who agrees to a tax-incentive pact "get OUR tax dollars?" That piece of land today is generating very little property tax money and ZERO sales tax money. If it is developed, it will start bringing money into the city to the tune of a quarter-million $ a year. So how is this costing taxpayers ANYTHING? Tax-incentive agreements mean the government agrees for a period of time not to take the full amount of tax revenues it would otherwise be entitled to. The government does not "give" any money away. If I had a gun and decided I wanted to rob someone, then I ran into you but changed my mind and decided not to take the $100 you had in your wallet, does that mean I "gave" you $100---PLEASE, people! Learn what tax-incentives are before you start blabbering about how they are a "give away" of taxpayer $!!!
Taxed Out

Columbia, IL

#13 Mar 12, 2013
So Nundetdt B, you mus also believe if the Democrats kept the Bush tax rates the same instead of letting them expire that would be a tax cut? Just like adding all the people to Medicaid will cut prices and taxpayers pick up the bill? You need to read and understand that TIFs benefit no one but the business. The taxpayer will always lose in the end. If you don't believe me check your pay stubs, if you have a job, and compare to last years. Did you file your taxes yet, were you shocked?
You still around

Columbia, IL

#15 Mar 12, 2013
experienced wrote:
As a developer, just try to compete with every other city that has TIF's. You can't. It's easy to say let the developer carry the cost, but when other cities are paying infrastructure costs through TIF, you simply cannot compete. The best companies will go where it's cheapest to build. You may get a second class developement trying to compete with TIF, but who would even want take that chance. I'm not a fan of TIF. It is an abused program. But the fact is that every other city has them. As long as the playing field is not level, this discussion will continue. TIF just brings the companies in. The real estate taxes for that site are frozen at the current rate until the TIF is paid. Then the windfall happens as far as real estate taxes are concerned. The sales tax are what generates profit for the city until then. If you want the tax load to fall on the residential owners, so be it. I can garrentee you it won't be pleasent without some good developements. If you think that it is so profitable developing property, go out and buy some propertry and develop it. Learn something of the costs of developement. You will then know what you are talking about. Believe me, TIF will make a lot of sense to you then. And by the way, I am one that tried to develop without a TIF. I was lucky to get out without going bankrupt. Lesson learned.
Nice come back Paul Frierdich, the bank foreclose on your house yet?
Nundestadt B

Saint Louis, MO

#16 Mar 12, 2013
Taxed Out wrote:
So Nundetdt B, you mus also believe if the Democrats kept the Bush tax rates the same instead of letting them expire that would be a tax cut? Just like adding all the people to Medicaid will cut prices and taxpayers pick up the bill? You need to read and understand that TIFs benefit no one but the business. The taxpayer will always lose in the end. If you don't believe me check your pay stubs, if you have a job, and compare to last years. Did you file your taxes yet, were you shocked?
Your response to my comment has absolutely nothing to do with the subject of tax-increment agreements. Individual income taxes is a complete different subject, there is no relationship. If you really don't understand the subject, Taxed Out, better to not comment rather than prove your lack of understanding.
felix

United States

#17 Mar 12, 2013
experienced wrote:
As a developer, just try to compete with every other city that has TIF's. You can't. It's easy to say let the developer carry the cost, but when other cities are paying infrastructure costs through TIF, you simply cannot compete. The best companies will go where it's cheapest to build. You may get a second class developement trying to compete with TIF, but who would even want take that chance. I'm not a fan of TIF. It is an abused program. But the fact is that every other city has them. As long as the playing field is not level, this discussion will continue. TIF just brings the companies in. The real estate taxes for that site are frozen at the current rate until the TIF is paid. Then the windfall happens as far as real estate taxes are concerned. The sales tax are what generates profit for the city until then. If you want the tax load to fall on the residential owners, so be it. I can garrentee you it won't be pleasent without some good developements. If you think that it is so profitable developing property, go out and buy some propertry and develop it. Learn something of the costs of developement. You will then know what you are talking about. Believe me, TIF will make a lot of sense to you then. And by the way, I am one that tried to develop without a TIF. I was lucky to get out without going bankrupt. Lesson learned.
Wow,... well said. In a nutshell it is very simple. Unfortunately these days, if you do not give potential developers/businesses TIF breaks, they will not come to your community. They will simply go somewhere else that will give them the TIF break. So, either draw them in with the TIF, or do not have new developers come into the community. I am not a rocket scientist, but it seems pretty easy to figure out which option is best for the community.
sniffy

Columbia, IL

#18 Mar 12, 2013
felix wrote:
<quoted text>Wow,... well said. In a nutshell it is very simple. Unfortunately these days, if you do not give potential developers/businesses TIF breaks, they will not come to your community. They will simply go somewhere else that will give them the TIF break. So, either draw them in with the TIF, or do not have new developers come into the community. I am not a rocket scientist, but it seems pretty easy to figure out which option is best for the community.
Gotta call BUULLSHEET on you. If we were in East Jesus and needed business in our fair land you would have a point, but not here. Columbia is in the enviable position of having one of the best demographics in the St. Louis area. To beg to give her virginity away to TIF whores for the sake of faster growth is just downright foolish. You would make a poor poker player.
Wrong

Waterloo, IL

#19 Mar 13, 2013
Sniffy I'm sure we will as tax bodies just keep getting our $50 a year in property tax a year for 100 acres of farm ground. That will keep us in real good financial shape. We will have good roads and parks.
sniffy

Columbia, IL

#20 Mar 13, 2013
Wrong wrote:
Sniffy I'm sure we will as tax bodies just keep getting our $50 a year in property tax a year for 100 acres of farm ground. That will keep us in real good financial shape. We will have good roads and parks.
Sometimes you just can't fix stupid.
1234lkjh

Waterloo, IL

#21 Mar 13, 2013
I think most developers figure Columbia citizens will be such a pain in the a** to deal with, that they wont do it without incentives.

What other ground is Brockland wanting? That strip of farm ground isnt even close to what they will need for a car dealership. Rouse's also i guess, that put them in site of the interstate.

How would you like to live up on Skyline Dr. and have the nice bright dealership lights that close to your homes.

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