St. albans city manager what are some ways to make money objects to tif audit

In a public letter, mr. Cloud expresses his displeasure at great length, finding even the factual title objectionable. The city’s website omits the actual audit report, including only mr. Cloud’s defensive arguments. St. Albans messenger editor emerson lynn piled-on in a blistering editorial that appeared in the paper what are some ways to make money before the story of the audit report was even covered. Now that’s teamwork!

Voters in st. Albans should not be expected to be familiar with the what are some ways to make money TIF statutes. The information we received before voting did not address the what are some ways to make money possible conflicts associated with stretching TIF debt assigned for brownfield what are some ways to make money clean-up to pay for costs associated with developing a private what are some ways to make money hotel on the site. Apparently, those disallowed uses were not even clearly stated in the what are some ways to make money city’s application for funding. It should have therefore come as no surprise that a what are some ways to make money state audit would call them into question.

Mr. Cloud uses interactions by the city with it’s “partner” the vermont economic progress council, mostly after-the-fact, to deflect his responsibility for mismanagement of the TIF district. According to statute, VEPEC is not supposed to be a ‘partner’ with the city, but rather an overseer, charged with evaluating the city’s requests to utilize TIF funding in specific ways,, and with enforcement in the case of non-compliance.

Objections to using $1 million of TIF debt to pay debt service on what are some ways to make money TIF debt and over $4 million of costs for a private hotel are not what are some ways to make money based on “arcane, technical questions” as mr. Cloud says, but on statutes that may be rather easily understood in what are some ways to make money terms of the overarching purpose of TIF funding. What is “arcane” is the baroque twist to the statutes that the city what are some ways to make money has employed to defeat that purpose.

Like more than a few other city taxpayers, I attended those informational meetings at city hall and regrettably what are some ways to make money did not have the chops to raise pertinent questions at what are some ways to make money the right times; nor to recognize when we were not provided with all what are some ways to make money the information to cast an informed vote. I had my suspicions and so voted against the TIF what are some ways to make money expenditures, but I can’t claim that my vote was informed by more than what are some ways to make money a hunch that it was all a little too good what are some ways to make money to be true.

Defenses expressed by the city manager in his rebuttal concentrate what are some ways to make money only on deficiencies in the codification of TIF rules, but completely ignore the issues of obvious tax diversion, financial irregularities, cost overruns, no-bid contract awards, and sweetheart deals for private profit. The practice seems to have been “do what you will and get permission later.”

I love my hometown as much as the next guy, but I don’t think its fair for my neighbors in st. Albans TOWN, or swanton or elsewhere in vermont where they don’t enjoy the largesse of TIF funding, to be cheated of the taxes that were meant to what are some ways to make money be generated by the new city public parking garage. Built with TIF dollars, the parking garage essentially double-dipped on the education fund when it claimed special status what are some ways to make money as a tax-free entity. The implicit promise of TIF is that investments made with what are some ways to make money money withheld from the education fund ultimately will be returned what are some ways to make money two-fold by the taxes generated from new development, such as the city public parking garage.

Contrary to mr. Cloud’s assertions, the audit did not apply novel interpretations of long standing what are some ways to make money rules. According to the report, the auditor’s office consulted with the AGO when it came to what are some ways to make money interpretation of the statutes, and applied that guidance. But even without that guidance, there is evidence in the record from which one might what are some ways to make money reach the same conclusions as are contained in the st. Albans audit. In the case of winooski’s TIF funded parking garage, the legislature rejected two efforts by that city to have what are some ways to make money the statutes amended to make the parking garage tax exempt. Why would the city of st. Albans be any different?

The question remains: after all the egregious mismanagement of TIF funds, including a huge sum paid to a private agent in what are some ways to make money order to facilitate the sale of property to a private what are some ways to make money entity, will there be enough left in the TIF to fund what are some ways to make money the largest component that it was intended to support, ie. The multi-modal connector, which has not yet even broken ground?

RELATED POSTS