Tag: TIF’s

Written by Diane Benjamin - editor

New Uptown Building delayed

By:  Diane Benjamin WGLT reported yesterday Trail East construction has been delayed until spring:  https://www.wglt.org/mayor-financing-issues-delay-construction-trail-east-until-spring-2020 Note:  The last time a new building in Uptown had “financing” issues, the Town agreed to rent an entire floor at above market rates and the main floor is STILL empty. Demolition of the old buildings on Beaufort may start […]

Written by Diane Benjamin - editor

Coliseum: Just THIS year’s costs

By: Diane Benjamin The Pantagraph has a ridiculous editorial today urging the City to spend spend spend on downtown.  They must not realize with building the Coliseum and covering the losses, rehabbing the BCPA, and with the TIF dollars from the past – Bloomington is probably close to spending $100,000,000.  Don’t forget to add the […]