Comments on: Community Improvement Commission Recommends 3 Rebates http://am1050.com/2011/community-improvement-commission-recommends-3-rebates/ Wed, 22 May 2013 19:56:53 +0000 hourly 1 http://wordpress.org/?v=3.3 By: John J Oliver http://am1050.com/2011/community-improvement-commission-recommends-3-rebates/comment-page-1/#comment-314 John J Oliver Thu, 05 May 2011 23:36:33 +0000 http://am1050.com/?p=14077#comment-314 CC wrote: "This process was set up to benifit the rich at the expense of the poor". And "I am against any of my tax dollars being giving to rich downtown property owners." Quite a consiracy theory! In fact there are no property taxes....or any other tax...used for these projects. The money is interest earnings from UDAG funds granted to the City of Plymouth from the hospital contstuction financing. The City controls and invests $2 million and it receives investment proceeds from another $1 million placed in a permanent endowment fund with MCCF. I invite you to listen to Monday's "What's Your Opinion" show. City Clerk-Treasurer, Toni Hutchings, will be my guest. I'll ask her to explain the program and funding in greater detail. CC wrote:
“This process was set up to benifit the rich at the expense of the poor”. And “I am against any of my tax dollars being giving to rich downtown property owners.”

Quite a consiracy theory!

In fact there are no property taxes….or any other tax…used for these projects. The money is interest earnings from UDAG funds granted to the City of Plymouth from the hospital contstuction financing. The City controls and invests $2 million and it receives investment proceeds from another $1 million placed in a permanent endowment fund with MCCF.

I invite you to listen to Monday’s “What’s Your Opinion” show. City Clerk-Treasurer, Toni Hutchings, will be my guest. I’ll ask her to explain the program and funding in greater detail.

]]> By: CommonCents http://am1050.com/2011/community-improvement-commission-recommends-3-rebates/comment-page-1/#comment-313 CommonCents Thu, 05 May 2011 17:54:21 +0000 http://am1050.com/?p=14077#comment-313 Can we have the names of those on the "Community Improvement Commission"? Can we have the names of those on the “Community Improvement Commission”?

]]> By: reader http://am1050.com/2011/community-improvement-commission-recommends-3-rebates/comment-page-1/#comment-312 reader Thu, 05 May 2011 17:17:11 +0000 http://am1050.com/?p=14077#comment-312 Dear common cents, Why does this become a class envy issue? If you really have been paying attention, it is interest on a principal amount that may or may not be available. This committee reviews and assigns an approval to be forwarded to the City Council. This is not an us v them issue. Holy moley, solid structures are the only ones that will be filled with retailers! Dear common cents,
Why does this become a class envy issue? If you really have been paying attention, it is interest on a principal amount that may or may not be available. This committee reviews and assigns an approval to be forwarded to the City Council. This is not an us v them issue. Holy moley, solid structures are the only ones that will be filled with retailers!

]]> By: ryanripley http://am1050.com/2011/community-improvement-commission-recommends-3-rebates/comment-page-1/#comment-311 ryanripley Thu, 05 May 2011 16:16:43 +0000 http://am1050.com/?p=14077#comment-311 @CommonCents: The Community Improvement Commission uses the interest earned on grant money to fund these rebates. No tax dollars are used by this program. Many of the downtown property owners employ city residents and pay a variety of business related taxes that we all benefit from. Helping out with 20% of their roof repair costs using interest on a grant does not take advantage of anyone, and helps to preserve our downtown. --Ryan Ripley @CommonCents: The Community Improvement Commission uses the interest earned on grant money to fund these rebates. No tax dollars are used by this program.

Many of the downtown property owners employ city residents and pay a variety of business related taxes that we all benefit from. Helping out with 20% of their roof repair costs using interest on a grant does not take advantage of anyone, and helps to preserve our downtown.

–Ryan Ripley

]]> By: CommonCents http://am1050.com/2011/community-improvement-commission-recommends-3-rebates/comment-page-1/#comment-310 CommonCents Thu, 05 May 2011 10:29:27 +0000 http://am1050.com/?p=14077#comment-310 Councilman Chuck Ripley looks like a pretty smart guy right now. He was the only councilman to question this process. And so the mad rush for downtown property owners to get "theirs" begins. What about all of us other taxpayers who also need to repair their properties with no help from the City? I am against any of my tax dollars being giving to rich downtown property owners. They can afford these repairs. They just see an opportunity to get us to help pay for them. This process was set up to benifit the rich at the expense of the poor. Councilman Chuck Ripley looks like a pretty smart guy right now. He was the only councilman to question this process. And so the mad rush for downtown property owners to get “theirs” begins. What about all of us other taxpayers who also need to repair their properties with no help from the City? I am against any of my tax dollars being giving to rich downtown property owners. They can afford these repairs. They just see an opportunity to get us to help pay for them. This process was set up to benifit the rich at the expense of the poor.

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