By: Diane Benjamin October 8, 2007 Bloomington City Council Minutes: http://www.cityblm.org/Modules/ShowDocument.aspx?documentid=3049 Ensenberger Condominiums received $2,228,000 in TIF money. Many condos are still unsold. These are the same people who want bailed out of the Front & Center building. Just the architect for the Fire Station that has never been used cost $301,900. More info on […]
by: Diane Benjamin Buy a Condo in the Ensenberger Building! I was looking for something else when I stumbled on some astounding numbers. Below are Condo Sales in the Ensenberger Building. The Property Taxes are from the Assessor’s website. Some properties list the Selling price, some don’t. I looked up the ones without a selling […]
By: Diane Benjamin Below are the disbursements listed on the 2010 Downtown Bloomington TIF report: 2010 Report Remember how the DBA (Downtown Bloomington Assoc) was supposed to pay for itself years ago? What did $324,368 get them (OR YOU?) I wonder where asbestos was removed? Good records matter. Wonderlin Galleries is now listed as being […]
By: Diane Benjamin The City issued the following explanation of TIF districts with the budget. See Book 2 – page 85 http://www.cityblm.org/Modules/ShowDocument.aspx?documentid=8223 A Downtown TIF District was formed in 1986. A TIF (Tax Increment Funding) District receives the incremental property tax revenue for properties located within the TIF district boundaries. The incremental difference is the […]
