Friday, September 18, 2009
Reactions To The $54 Million Fish Farm Subsidy
Make no mistake, I support TIFs, but there must be transparency, community participation, and the money must be used in a fiscally responsible way. I support the building of affordable housing as long as the housing is built using best practice standards so that we can make these limited dollars stretch. The CDC supported a plan with no clear details and no real community input.
What we can do together: Many of you have contacted me to see what you can do to bring about needed change in the next municipal election in 2011. You can help right now by forwarding this newsletter onto others. Encourage your neighbors and friends to become informed and sign up for this newsletter, and do it today. Early next year, many of you will be needed to do more work to help bring about needed change.Keep spreading the word to make real change happen for the 46th Ward! With our hard work together, we can make it happen!-James (Contact Information: firstname.lastname@example.org)
From the Nitty Gritty Second City blog:
Another Chicago life lesson, political will always wins over community preferences
... Naturally, when city workers are being furloughed and services cut and the budget deficit is $500 million, it makes perfect sense to hand over an extra $54 million to an Alderman’s pet project.
In this particular case, it was for the Wilson Yard Tax Increment Financing district, a giant money sucking project in Chicago’s Uptown neighborhood. The original project was budgeted at $56 million, but Ald. Helen Shiller wants $54 million more to build things like a green technology center and more parking lots. Factor in an adjustment for inflation, and the Wilson Yard TIF is using $112 million.
But Chicago doesn’t have money for police, social services or the park district. (Read the entire blog article here.)