From Deseret News archives:
Is block blight or just tired?
- Page:
- < Previous
- 1
- 2
"I think the city is trying very hard to do the best it can for downtown," Feller said.
Glauser said the city has no agreements with developers yet, but local businessmen say there is talk Zions Bank might purchase the land and develop it.
"If Zions Bank were to develop on the land," Stout said, "they would hopefully make space for retail stores that would include those of us currently doing business on this block."
RDAs use property tax money to finance revitalization. The idea is that new or improved buildings draw more businesses, or a mix of businesses and apartments as in the Wells Fargo Building, and generate much more property tax revenue. Cities lure developers by promising them a rebate on those newly generated taxes for a limited number of years, or similar options that give the developers incentive to build in the "blighted" area rather than away from downtown.
"If done correctly, this is property tax money that wouldn't be there if we didn't have these incentives," Glauser said.
"The money used by these elected officials isn't coming out of those elected officials' budgets," Bramble added. "It comes out of some other elected official's future budget."
He is exploring changes in the law that would force government bodies to use their own money or pledge that of their constituents. While the Utah Taxpayer Association's Web site carries two pictures of Provo's controversial block, Bramble said he'd rather ask fundamental questions about RDAs in general in Utah than take shots at Provo or other specific redevelopment projects.
"If Provo had to give away their own tax base to do that project," he said, "not public school monies or county monies, but their own future budget, would the city do it? Regardless of the condition of the property, the accountability of the local officials should take center stage."
Contributing: The Associated Press
E-mail: kmartinez@desnews.com; twalch@desnews.com
- Page:
- < Previous
- 1
- 2
Comments
- Crew sent to rescue up to 100 dogs 9:39 p.m.
- Five players miss Jazz practice 9:22 p.m.
- Storm pounds Utah for 2nd day 9:18 p.m.
- Utah Capitol renovation boss quits 9:15 p.m.
- Downtown plans three-day 'Eve' 9:13 p.m.
- More than 2 bars per block in S.L. 9:09 p.m.
- Heath care reform advocates rally 9:09 p.m.
- Sandy halts Granite annexations 9:07 p.m.
- Ugandans debate death penalty 9:01 p.m.
- U.S. to fork over $3B to tribes 9:00 p.m.
- BYU football: Bronco weighs in on Hall
- Yet again, we learn BCS is a big joke
- Storm pounds Utah for 2nd day
- Cougars in better mood about bowl
- Williams' late jumper tops Spurs
- Andersen apologizes for Jordan hoax
- Ranking the bowl games
- $2M error could mean layoffs
- Witness: Mitchell stalked victims
- Dr.: Mitchell seeks signs from God
- Y. profs: Beck not all-knowing
278 - Letters: Global warming a lie
212 - TCU to play Boise in Fiesta Bowl
205 - BYU football: Bronco weighs in on Hall
162 - Cougars going back to Vegas
147 - Utah/BYU rivalry can be more civil
142 - George lost in rivalry hatefest
119 - Andersen apologizes for Jordan hoax
107 - Ed Smart 'appalled' at testimony
101 - Harpring's NBA career is over
99
For the latest news in the health care debate and how it affects you...
Pittsburgh Post-Gazette writer Joyce Gannon offers the following advice...
Heaven forbid.
HOU refuses to play TMac because they know he will make their team WORSE....
How many people think they should have been born a bird? Not a sensible...
We are going to have to find away to survive in the coming turbulent...
That's it? Build your brand and get back to fact based coverage, that's your...
Those who rag on higher education are just crying sour grapes. They reveal...
Spend? What kind of ill concieved logic is this? Any third grader knows...
You want to discipline your child? Fine, that's your right as a parent....
Thanks for the article! There are some very tough wrestlers this year and it...
it's clear to any non-biased observer that the republicans have no desire to...


You can be the first to comment on this story.