Animanialmanac OP t1_j9l51es wrote on February 22, 2023 at 7:43 PM

Reply to comment by 27thStreet in Committee approves $9 million for troubled Edmondson shopping center, vote goes to Council by Animanialmanac

I can’t give an abridged version of the capital improvement process, maybe someone who works with the city can. I believe most of the larger developments in the city receive money from the CIP or TIF.

This is similar to the $650 million TIF for the Port Covington projects, but paid out of current capital improvement funds instead of future taxes.

baller410610 t1_j9mgo53 wrote on February 23, 2023 at 12:53 AM

It’s not similar. Tifs pay for new infrastructure, think streets, sidewalks, water mains. This is just straight up a bribe.