UPDATE: I just got a tip this morning that the project for the RR Redevelopment will be requesting a TIF. With inflation and property taxes going thru the roof this is a horrible time to be handing out TIFS. 80% of property taxes in SF are paid by residential property owners. Why are we subsidizing parking ramps for NOT workforce or even low income housing!?
Maybe we could afford a food tax cut, if we would just stop giving these Developer Welfare Queen Grifters massive tax breaks! Want to jump start the economy in SF, lower property taxes and stop giving OUT GODDAMN TIFS! THEY DO NOT WORK!
Still waiting for that independent comprehensive study on TIFs in Sioux Falls and the State. Oh that’s right, we can’t do a study showing how awful they are, then we would have to stop handing them out to our friends.
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At the informational meeting (Wednesday) the city council will get an update on our public transit system and an update on the supposed development directly east of the 8th & RR Building. It seems they will contract with a developer from Des Moines (you can see they do the boring crap SF likes). I do know that some local developers proposed some housing in the area and their RFP was declined and it wasn’t Lloyd 🙂
At the regular meeting, also on Wednesday, they will be voting on sending the tiny house community more money (Item #46, 1st reading);
This ordinance will provide an additional $200,000 of funding for the ongoing construction of the Veterans Community Project tiny home village. The funding will come from the restricted cash balance, in the General Fund, set aside by Ordinance 52-23 – Liquor License Proceeds.
I supported this project initially, but over the past couple of years I have gotten suspicious of this private non-profit. I have asked several friends who work with or at the VA and DAV if they work with this group and they said NO. I have also asked people who work at affordable housing solutions if they work with the group and they said NO. So why are we giving them money? And why don’t they work with veterans and housing partners? Seems odd to me you call yourself a Veteran’s Community but you don’t work with some of the largest Veteran organizations in our country.
I also see we are taking the money out of the Liquor License Fund. I thought that money was going to be used for youth prevention? Maybe we should use the money to give every adult a beer at the July 4th hot dog festival. Makes about as much sense.
Warning, all voting systems have real substantive issues. Discussions about them require a good background on what oddities can happen.
Retired math Prof
Are the “Liquor License Fund” proceeds kept in the city’s notorious “file cabinet”?
Did Noem just drop the F-bomb? What the hell is going on in this country anyhow? Noem swears on TV. Fetterman wears a pullover sweatshirt during an interview, while the Russell Senate Office Building is in the background. Hunter dated his deceased brother’s wife, while Trump, with 34 felony convictions, will soon be the Republican nominee for president. WTF is going on here? But I can say, or write that, because I’m not the governor, nor a senator, nor the son of a president, nor a nominee. #WTFIsGoingOnHere?
https://www.youtube.com/watch?v=uSGmMhmxbxQ
Good idea, our parks 4th of July event is so boring and lame
how long before the city tries to move the mission and dudley house?
There’s a wave of middle class leaving the city. Baltic is new residential subdivisions and a new high school. Other development has occurred in all directions. Mobile home sales are back with placement in areas less than 10 minutes from Sioux Falls. It’s obvious new development in the downtown area is meant for the wealthy. TIF’s can’t be stopped. It’s mad money from Strong Mayor autocratic charter. Move people. Smaller surrounding smaller cities are democracy where you have a say in government. Get out of the Lloyd apartments concentration camps. Growth has been phenomenal. Inner city areas such as Chicago and Detroit became stripped out or burning blight. Why? Because of the corruption and high property taxes. They and here have no access flow and inferior infrastructure. Buy downtown and watch property value decline, crime prevail, and a bankrupt city.
The city has become known for false valor. The Midco Aquatics Center was built on federal land with promises for Veteran therapy. Didn’t happen. The Alliance is owned by the city and leased to Veterans groups for high prices. The Vets cemetery was Sioux Falls floodplain. The city enjoys vet coffins floating out of the ground. The mayor and directors have a Trump philosophy like as for John McCain. They didn’t serve and proud they weren’t wounded or held prisoner of war.
As soon as I saw the term “workforce” applied! That’s when I knew that a(nother) government handout when was in the works for this project.
Rinse and Repeat.
The housing market is red hot and we are incentivizing developers to participate. Why?
From the Argus Leader account of this press conference*:
“Jake Christensen, the firm’s founder, said at a Wednesday morning press conference that the site would also include a 180-stall parking structure, and that the apartments would be aimed at the city’s downtown workforce.”
Why should the City support with a TIF package a parking structure for apartments designed to attract people who won’t need a car (prolly can’t afford a car as part of “workforce” serving the needs of the DTSF Boujees)?
To the ‘*’ on the post above –
In her acoount, I guess Jodi couldn’t spill the beans to the Boujees – the poors are going be your neighbors, living in the workforce housing along the railroad tracks.
From the link in the post to the SiouxFall.business article:
“I committed to (Cherapa developer) Jeff (Scherschligt) that we wouldn’t start putting units on the market until he reaches stabilization and I fully expect he will be fully stabilized before we begin putting units on the market,” Christensen said.
Gotta’ love the blatant collusion.
I guess it was necessary to be invited to a meeting of “the godfathers all of financial crime families in Sioux Falls”.
Love how they kept riverside development separate from this announcement since they are still planning to put the baseball field next to this