Sioux Falls City Council Agenda, August 14, 2018

Budget Hearings, 2 PM

There will be presentations on the Entertainment tax, the Parks Department and Public Works.

There is also an executive session. It’s either about Legacy again (doubtful) or about hiring a new Internal Auditor (most likely).

Regular Council Meeting, 7 PM

Item #8, Approval of Contracts. Apparently it costs $53K to engineer a masonary viewing platform. Wow.

Item #15, Resolution, City Council’s Legislative Priorities.

Item#6; The Sioux Falls City Council supports tax increment financing (TIF), an economic development tool that has led to millions of dollars in increased property value, benefitting both the state as a whole and the local entities sponsoring the districts, while at the same time maintaining the integrity of the process.

Notice NO mention of how this benefits the community or supplies sustainable jobs. Why not just call it what it is; developer welfare. Tax breaks that they use to pay the mortgage.

Item #16, Resolution, Street Vacation. There is NO mention of WHO wants this vacation (developer). Hopefully we will learn more Tuesday night. I don’t have a problem with street vacations if they are no longer needed. It saves taxpayers money, because we no longer have to maintain the property. It also puts it on the tax rolls. Where I take issue is giving away the land to a private developer. They should have to pay for it, at least 50% of appraised value. Remember the street vacation for Billion auto? That property was probably worth around a million dollars, we gave it away. Dumb.

Item #17, Motion. This is a mystery. I assume it has to do with the lawsuit against the city over the drowning of a girl. I wonder if they are trying to negotiate a settlement.



4 comments ↓

#1 legal beagle, bow wow on 08.12.18 at 5:36 pm

the exec session? If the the rumor around town is true there might be a new fiddle faddle gracing city hall?

#2 JKC on 08.12.18 at 6:27 pm

How can you maintain “the integrity of the process,” when the standards for what is blight are arbitrary and capricious?

And any “increased property value” would have happen anyhow, because almost all projects would still be built with or without a TIF.

What TIFS really are – besides corporate welfare for developers – is an ability for the City to have a say in development with the help of a TIF spiff; and that is the only redeeming value in them for the City, the citizenry, and city planning in general.

#LetUsJustBeHonestWithOurselves

#3 come on on 08.13.18 at 6:37 am

I believe state law(?) says that vacated right of way must go back to the adjoining property owners.

#4 D@ily Spin on 08.13.18 at 9:41 am

In my opinion, TIF’s are payoffs to insiders and/or a return consideration for political contributions. They’re a good idea but there’s flagrant fraud.

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