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Letter to the editor: ‘Vote Hall for sensible use of TIF’

Ryan Hall has a campaigned on a number of issues that I wholeheartedly support: family friendly neighborhoods, strong local foods policy, transparency and a strong local economy, which is essential for everyone to thrive. But I was most impressed by his approach to tax increment financing policy. […]

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Chauncey tower question splits council candidate forum

Less than fifteen minutes into last night’s city council candidate forum on environmental issues, moderator Tom Carsner split the field with a question about the direction of the tax-increment-financed (TIF) development known as the Chauncey Tower. Sitting councilors Rick Dobyns and Jim Throgmorton went back and forth on the project after Carsner asked the field, […]

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The truth about TIFs

In mid-July, the Iowa City City Council authorized $14.1 million dollars in TIF-funded financial aid to the $49 million dollar, 15-story luxury high-rise named The Chauncey. The debate over the city’s decision to essentially subsidize part of the construction of The Chauncey—which will include more screens for FilmScene, a bowling alley, art gallery space and […]

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