Wednesday, January 26, 2011

City Should Be Able to Recoup TIF Losses

Councilor Ray Mitchell has filed a resolution that would ask the state legislative delegation to consider a change in guidelines so cities and towns would have a means of recouping money from companies that do not fulfill the terms of their TIF agreements.

It’s funny a few weeks before Christmas I expressed the same basic thought to a friend. There should be some sort of safety clause that allows cities and towns to collect whatever money was “saved” from companies that fail to live up to their end of the deal. Honestly I don’t even think it’s the first time I’ve had that thought. And really, I bet most of you have thought the same thing too.

You know why? Because it makes sense! When a community like Fall River enters into a TIF agreement it’s basically giving up future gains in taxes in order to spur development and future benefit. I don’t think a city or town enters into a 5 year TIF agreement to secure 5 years worth of employment for its residents. I think the idea is if the city forgoes collecting taxes over a certain time period with the idea that is will enjoy the benefits of that development long after that time period has elapsed.

Lefty’s View: It seems obvious that if a business fails to meet its end of the bargain it should payback the benefit it received from entering into the TIF agreement. The really amazing thing about what Councilor Mitchell is suggesting is that it’s not something that is already in place.

25 comments:

Anonymous said...

It was such a good idea that Linda Pereira tried to kill it, lol. Anyone think there might be some hurt feelings left over from her losing her position? How do you try to kill something like this?

Anonymous said...

Well at least Linda was trying to block Ray Mitchell from passing legislation rather than trying to block the Police from conducting an investigation. This is an improvement... at least for her.

Anonymous said...

Looks like the newspaper just announced the schedule for the 2011elections. Noticed your analysis of the mayor's race Lefty. How about one for the City Council and School Committee races? I can see by some of the comments above it is going to be an interesting election.

You do have a couple of councilors in Ms. Pereira and Mr. Camara who were mentioned in a police report as blocking a Fall River Police Department investigation into a child custody dispute. Will that affect their popularity at all?

You also have a Councilor that was the subject of a Police investigation and crackdown on prostitution in the form of Mr. Bigelow. Will that hurt him?

I've also read articles and been sent articles from friends that the Massachusetts Attorney General has ruled that internet sweepstake cafes like the one run by Leo Pelletier are illegal yet I don't see anyone cracking down on him and in this case I'd have to say that even if the authorities did step in I doubt it would impact Mr. Pelletier's popularity. I will confess that I've never understood why Mr. Pelletier is so popular, I don't think he brings very much into the Council debates that I've watched. Not much intelligent dialogue coming out of his mouth.

Lefty said...

Thanks for the request. I hadn't thought about it yet, but a post on the Council and School Committee sounds like a good idea. However I think it may need to wait a bit because I don't think many people have really announced yet.

Anonymous said...

Only Mike Ramos and Mike Miozza have announced so far. What about an analysis on them and the chances of the 9 existing councilors getting re-elected?

Anonymous said...

Whether it is Miozza or Ramos, none of these newcomers are going to be successful knocking out the people that have been there for a decade or more by running nice guy or nice girl campaigns. People need to be reminded of the type of stuff that Anon at 11:26 points out. If Camara, Pereira, Bigelow and anyone else blocked the efforts of police or were caught in police sting operations the voters need to be reminded over and over again that these are the type of people that they are electing. Do you want people that support public safety or people that obstruct public safety? It's a pretty straightforward, plain and simple question.

Anonymous said...

The situation with Camara and Pereira did not involve a child custody dispute. Where, in all those past articles, did the words "custody dispute" come into play? If you're going to talk about something, at least get your facts straight. Herron was being himself, as usual, and the mother or his child was intoxicated as well. True, they should have kept themselves out of it, but it had nothing to do with a custody dispute. And, they were there prior to the police being called.

And, Mr. Bigelow is not running for re-election. He has a job all set up for him, compliments of "guess who(s)" on the 6th floor, in the Taunton School Dept. He starts next month teaching. His payment for his vote on the council elections.

Anonymous said...

The facts are stubborn things. Especially when true. Ice and Dice may join their cohort in the FR "do you know who I am" hall of nobody has interest...

Anonymous said...

Well, apparently there is still interest or it wouldn't be brought up time and time and time again. It's old news. You know the saying, the more you stir it, the more it stinks.

Anonymous said...

Is someone actually defending what Joe and Linda did? That makes me even angrier then I was when I first heard about that story. So not only are they nuts but their supporters are too.

I guarantee you after reading comments that try to defend what they did I am definitely not voting for either of those 2 clowns or Mr. Bigelow in the next election. I've heard from several police officers that they and their Chief were disgusted to hear praise coming from Joe and Linda when they and the other councilors voted to renew Chief Racine's contract. People were saying if they respect us and the Chief so damn much then why don't they get the hell out of the way and let us do our job? People are starting to see through the bull.

Anonymous said...

Why would anyone give Linda a pass on this mess, including Linda herself! I mean really, her daughter was one of the women arrested with Herren. She of all people should know better.

Anonymous said...

When was her daughter arrested with Herren?

Anonymous said...

You won't get an answer to that question because Linda's daughter was not and has never been arrested. Some people just love to start vicious rumors.

Anonymous said...

I posted that comment too quickly. Linda Pereira has two daughters and neither one has ever been arrested. I don't know which one you are referring to. The nurse who is presently teaching or the one who works at the Welfare Dept.?
In either case, you are all wet.

Anonymous said...

I don't know about her daughter getting arrested but I did get your point. Unless she advocating for Mike Herren to receive custody of his kid she should worry about her own family.

Anonymous said...

Linda's not the problem female on the council, Pat Casey is. Can't think for herself sycophant who doesn't have half the work ethic of Linda.

Anonymous said...

This Ray Hague deal is nothing new to me. Right after the primary, he went to one candidate and said that he would support her if she gave him that job. She said no.
He then went to the other candidate with the same deal, and the rest is history.

Anonymous said...

Cathy Ann couldn't promise the Veterans Job to Ray Hague because she had already promised it to someone else. Both Will Flanagan and Cathy were promising jobs to people, let's not pretend one candidate was and the other wasn't.

Anonymous said...

Well, we'll never really know what CAV was going to do and not going to do, but to push a man out of a job he's held for so long to give it to a political hack is kind of lousy, don't you think?
At least CAV wasn't prepared to do that.

Anonymous said...

Yes we do know what she was going to do because the people supporting her were talking about it. CAV was going to give the former Vets Agent Mr. Solomon his job back. So either way Manny Daponte was gone. And Manny Daponte was not in the job for so long, he was brought in by Bob Correia so maybe he was there 2 years. Get your facts straight before commenting.

Anonymous said...

People talk about a lot of things, but the proof is in the puddin'.

Anonymous said...

The proof is in the Kool-Aid. Drink it. Drink it until the last drop is gone.

Anonymous said...

Lefty, I'm missing your posts. Hope to see them again soon.

Lefty said...

Thanks for the kick in the butt. I am certainly off pace so far this year. Sometimes I have the topics and then no time to write them. By the time I have the time the topic is old news.

I'll try hard to pick up the pace for the rest of March.

Lefty said...
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