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2024-05-07 P & Z Packet
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2024-05-07 P & Z Packet
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done and soil borings, all at no cost. In the end, they simply would not locate their new business <br />there because the traic counts were not high enough. They usually want between 15k and <br />20k. Main Street, at this location is about 11k. They tried to get MidwestOne Bank to let them co- <br />ňŗąêƂđ϶ŗŏ϶Ƃİđijŵ϶ŹijƂđϽ϶ăƇƂ϶ƇňƂijŎêƂđňƢ϶ąŗƇňċŏЪƂ϶ĩđƂ϶Ƃİđ϶ăêŏń϶Ƃŗ϶êĩŵđđϼ϶϶Ź϶ŎƇąİ϶êŹ϶f϶ƜŗƇňċ϶ňijńđ϶Ƃŗ϶Ƃİijŏń϶ <br />we have enough people, traic and growth potential to attract a restaurant or other retail to our <br />ċŗƜŏƂŗƜŏϽ϶Ƃİđ϶ŎêŵńđƂ϶ŁƇŹƂ϶ċŗđŹŏЪƂ϶êĩŵđđ϶ƜijƂİ϶ƢŗƇ϶êŏċ϶ŎđϽ϶ƢđƂϼ϶϶xđƂЪŹ϶İŗŲđ϶ijƂ϶ċŗđŹ϶Źŗŗŏϼ϶ <br />Ëđ϶ŹƂŵijƚđ϶Ƃŗ϶đŏŹƇŵđ϶ċđƚđňŗŲŎđŏƂŹ϶êŵđ϶ŏŗƂ϶ê϶ЧăƇŵċđŏШ϶ŗŏ϶Ƃİđ϶ŵđŹƂ϶ŗĨ϶Ƃİđ϶ąijƂƢϼ϶϶ËijƂİ϶°f\[Ͻ϶Ƃİđ϶ijċđê϶ijŹ϶ƂİêƂ϶ <br />you are making an investment in the future tax base, by oering a discount today. While TIF would <br />add this development without any osetting tax revenue for the ǎ rst 10 to 15 years, depending on <br />what is ultimately agreed upon, if any, the taxes produced in the future would be a sizeable, positive <br />impact on our overall tax base. Without TIF, presumably, the land may sit, undeveloped, producing <br />no more taxes than it does today. Without a bit of a push (TIF), downtown Centerville will likely <br />ąŗŏƂijŏƇđ϶Ƃŗ϶ăđ϶ЧŹƂŵijŲ϶ŎêňňŹ϶êŏċ϶ŵƇŏċŗƜŏ϶ăƇijňċijŏĩŹШ϶for many years to come. With a bit of a nudge, <br />the hope is to build some momentum which works as a catalyst to further development; a snowball <br />eect. <br />The decision to use TIF is a diijąƇňƂ϶ŗŏđϼ϶϶fЪŎ϶ąđŵƂêijŏ϶Ƃİđ϶9ijƂƢ϶9ŗƇŏąijň϶ijŹ϶Ɯđijĩİijŏĩ϶ƂİijŹ϶ċđąijŹijŗŏ϶ <br />êĩêijŏŹƂ϶ŎêŏƢ϶ĨêąƂŗŵŹ϶êŏċ϶êŵđ϶đêĩđŵ϶Ƃŗ϶İđêŵ϶ƢŗƇŵ϶ƚŗijąđ϶ŗŏ϶ijƂϼ϶϶Ëđ϶İŗŲđ϶Ƃŗ϶Źđđ϶ƢŗƇ϶ƂŗŏijĩİƂϼШ϶ <br />Thanks. <br />Nbsl!Tubu{-!QF <br />Djuz!Benjojtusbups0Fohjoffs <br />Djuz!pg!Dfoufswjmmf <br />2991!Nbjo!Tu/ <br />Dfoufswjmmf-!NO!66149 <br />P;!762.53:.4343 <br />E;!762.8:3.8:42 <br />D;!762.886.6237 <br />ntubu{Adfoufswjmmfno/dpn <br />xxx/dfoufswjmmfno/dpn <br /> <br />
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