fclalala
02 Aug 2005, 10:12 AM
I'm wondering if I can help with an informational brochure/paper on TIF financing for the Milwaukee project. I think the mis-information about what the TIF money would be used for and how TIF works doomed the PabstCity project. If you can Peter, can you divulge the percentage of the TIF money that will go to public infrastructure. I would imagine it's very high.
Peter Wilt
02 Aug 2005, 10:46 AM
I'm wondering if I can help with an informational brochure/paper on TIF financing for the Milwaukee project. I think the mis-information about what the TIF money would be used for and how TIF works doomed the PabstCity project. If you can Peter, can you divulge the percentage of the TIF money that will go to public infrastructure. I would imagine it's very high.
We'll ask for a 1/7 ratio on TIF/total construction cost (approx. $25m TIF). Don't have the percentage of TIF to public infrastructure, but i will get that for you. We are putting together a public information flyer for distribution to explain this and other issues. Your assistance would be appreciated. i'll PM you with info.
Thank you.
peter