Columbia Crossing redux

Columbia Crossing redux

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clarion

Saint Louis, MO

#1 Mar 2, 2012
It was reported in The Independent and The Republic-Times that Terry Grewe had a lot to say at last Monday's Committee of the Whole meeting on the subject of updating the Comprehensive Plan as pertains to the Interstate 255 corridor where he first planned Columbia Crossing.

Question: How long will it be before - for better or worse - Columbia Crossing will be back on the planning board at City Hall?
Xxxx

Waterloo, IL

#2 Mar 2, 2012
clarion wrote:
It was reported in The Independent and The Republic-Times that Terry Grewe had a lot to say at last Monday's Committee of the Whole meeting on the subject of updating the Comprehensive Plan as pertains to the Interstate 255 corridor where he first planned Columbia Crossing.

Question: How long will it be before - for better or worse - Columbia Crossing will be back on the planning board at City Hall?
Cant happen soon enough. We need the crossings.
sniffy

Waterloo, IL

#3 Mar 3, 2012
I read The Bowties quote," Its not about location, location, location, its about incentives, incentives, incentives," I smell some groundwork being laid.

This just shows how the state taxing structures are so abusive that the only way biz can flourish is to distort the taxing authorities' rules to be able to develop. Let the games begin. And this time would someone,besides those with a profit motive and a brain, please negotiate in the cities behalf
Truth

Waterloo, IL

#5 Mar 3, 2012
You do know that is a flood plain and no business is stupid enough to build there. We don't have a 500yr levee system like Chesterfield. Plus the cost of insurance will be out the roof.
not mike

Moberly, MO

#6 Mar 3, 2012
Truth maybe Columbia should increase the incentives to pay for the levee or would that just be another give away to Grewe?

Sniffy, you must consider every taxing board to be stupid eh?
mike

Waterloo, IL

#7 Mar 3, 2012
Buil it for jobs and tax money. You cannot live in a one horse town forever.
Xxxx

Waterloo, IL

#8 Mar 3, 2012
I believe Grewe was going to raise the levee last time around. Maybe he'll do it now. Until the laws are changed, TIF's are a way of life. If you dont like it, and nobody really does, you'll have to get the laws changed. These businesses would still open if there were no TIF's anywhere. They just negotiate TIF's to skyrocket their profit margin!
mike

Millstadt, IL

#9 Mar 3, 2012
and when the tifs run out they will move to a new tif area. stop the madness.
elder

Saint Louis, MO

#10 Mar 3, 2012
I believe Grewe was going to raise the levee last time around. Maybe he'll do it now. Until the laws are changed, TIF's are a way of life. If you dont like it, and nobody really does, you'll have to get the laws changed. These businesses would still open if there were no TIF's anywhere. They just negotiate TIF's to skyrocket their profit margin!

AGREED.


and when the tifs run out they will move to a new tif area. stop the madness.

I THOUGHT TIF WAS BASED ON REAL ESTATE TAXES SO IT WOULD NOT MATTER IF THEY MOVED, IS THAT RIGHT OR WRONG?
verry concerned

Waterloo, IL

#11 Mar 3, 2012
The levees will be upgraded to the 100 yr certification in 3 to 4 years. This eliminates FEMA's insurance extortion boondoggle. They will then procede to the 500 yr protecton. The levee's do not need to be raised. They are structurally sound. The only problem to be upgraded is the underseepage. This can easily be fixed with extra relief wells, seepage burms, and a few pump station udgrades. TIF's do stay with the property. The businesses can leave. It's based on the real estate taxes. It would be geat to eliminate TIF's to create that even playing field. Fact is, that won't happen. If you want good developement, TIF's are pretty much a must. That is unless the city can come up with an enticement comparable to a
TIF. Again, pretty slim chance of that.
clarion

Saint Louis, MO

#12 Mar 3, 2012
I know someone is going to blast me for this, but the way I have always understood most tax-incentive development offers, I think it is silly to say (as so many seem to) that "our taxes" are going to support a developer.
I don't have a strong opinion about Columbia Crossing, but the way I see it, a piece of ground is sitting there generating little tax revenues. Once something is built on it, it generates more taxes from whoever owns the newly developed property. When a city offers deferred sale taxation to a developer, they aren't "giving away" tax money, they are simply not taking it. It is not a zero-sum game.
I can understand why Columbia residents would be very anxious about what type of development comes to town, though. Right or wrong, some like a small-town atmosphere and are willing to pay for it through higher property taxes. No hate, please. Just my opinion.
educated

Oak Brook, IL

#13 Mar 3, 2012
not mike wrote:
Truth maybe Columbia should increase the incentives to pay for the levee or would that just be another give away to Grewe?
Sniffy, you must consider every taxing board to be stupid eh?
Another giveaway by Kevie. why give away TIF money when the bowtie wants to come to Columbia anyway? He knows profits when he sees them, but he wants more than hia fair share :(
elder

Saint Louis, MO

#14 Mar 3, 2012
When a city offers deferred sale taxation to a developer, they aren't "giving away" tax money,

IF THE ABOVE IS CORRECT, AS I BELIEVE IT IS, HOW IS THIS A GIVEAWAY? AND WHO IS KEVIE?
Tired

Waterloo, IL

#15 Mar 4, 2012
I hope it happens. The business/homeowner tax in this town is so skewed!
sniffy

Waterloo, IL

#16 Mar 4, 2012
not mike wrote:
Truth maybe Columbia should increase the incentives to pay for the levee or would that just be another give away to Grewe?
Sniffy, you must consider every taxing board to be stupid eh?
Ballwoza, their you go again, calling people names.
Commissioners Terry, Delbert and Dale, are not stupid by any means, although you might be. The commissioners never read nor did they understand the intricacies of the contract with Grewe, few did. The council did at one point ask for Grewe to revisit some of the language in the Master Development Agreement but alas that was not to happen
as Grewe disappeared after that was proposed.
hot chocolate

Chicago, IL

#17 Mar 4, 2012
Xxxx wrote:
<quoted text>Cant happen soon enough. We need the crossings.
agreed!!!!
not mike

Moberly, MO

#18 Mar 4, 2012
no sfiff i only pointed out that OTHERS have called the boards stupid, read it again.

elder, you're getting it, keep it up and pass on the truth to other voters.
abcd

Waterloo, IL

#19 Mar 6, 2012
IMHO, The majority of citizens in Columbia, and Monroe County for that matter, want something like this done to generate tax dollars.

But i dont believe anything will actually happen until the feds decide about the levees.
Grewe cant touch the levees, they are federal. If he were to raise or work on the levee, he would also become responsible for that levee. That isnt going to happen.
funny

Waterloo, IL

#21 Mar 7, 2012
Upgrades on the levees will start this spring. In 3-4 years, the levees will be at the 100 year certification. And Grewe is talking to the landowners in the bottoms. The landowners north of I-255. Wouldn't that be some kind of poetic justice. Just imagine that, a huge complex involving Clayco and Grewe. Retail, Commercial,Industial with huge rail facility within Dupo's TIF boundaries. To those that followed so willingly in the one's fight against not only Columbia's TIF, but all TIF's..... Congratulations. You have saved your side of I-255 from the evils of a subsidized developement.To those that supported Grewe's complex, sorry. Missed opportunities. Hopefully enough of the complex will be in Monroe County so they could benefit financially in the site. Columbia will still have a nice close place to shop though, with a cut of those sales taxes going to Dupo. For some reason, I can't keep from smiling.
mike

Millstadt, IL

#22 Mar 7, 2012
and we can all get nice jobs there and drive our cars thru the crime ridden pollution filled streets there. and then when the tif runs out there we can give them a nice new tif to move here, leaving abandoned blighted buildings behind, and so on just moving businesses around with tifs never creating new businesses, just as everyone is starting to understand that is what tifs do. tifs are like atom bombs... its great if you have the only one but when everyone has them we're screwed.

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