August 28, 2008

Stop Domain Subsidies about to go into the toilet

According to this in the Statesman, the ballot language is set...

Shall the City Charter be amended to prohibit the City from entering into future agreements to provide financial incentives in connection with the development or redevelopment of property that includes one or more retail uses, and to stop the City from providing financial incentives under certain existing agreements in connection with the development or redevelopment of property that includes one or more retail uses?

And with that, I'd like to take my hat off and salute Stop Domain Subsidies... for thoroughly fucking this up. Y'all took a perfectly good opportunity and turned it into a giant, smelly dog turd. ONE OR MORE RETAIL USES?!?!! Why not just 86 all mixed use?!?! What a fabulous idea.

Of course, the outcome of this was ENTIRELY predictable once Linda Curtis of Independent Texans got her stupid little rat brain involved in the effort. You may remember Linda as one of the masterminds (the Idiots Stall were the others) who told the Lege last session that SB 792 was great and then went and told everyone that it was a real moratorium on tolling and the TTC.

Which, of course, it wasn't.

You people are too incompetent to achieve anything. The fact that anyone listens to you is a testament to their own stupidity. Take a bow, Linda. Now you've managed to have a hand in the ruination of two important efforts.

For many of us, SDS represented a necessary effort to stop tax payer funded subsidies for projects with questionable economics and job creation characteristics (i.e., retail). However, the language is now so broad that it includes some very necessary mixed use (residential, light commercial and retail) developments that are a key parts of the City's effort to establish Transit Oriented Developments.

It's very disheartening to see this effort dragged down into worthlessness. So, yeah, you should vote against this miasma of an amendment to the city charter.

Posted by mcblogger at August 28, 2008 12:46 PM

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Tracked on September 23, 2008 09:05 AM

Comments

Austin's taxpayers will be asked to spend hundreds of millions for mass transit over the next few years. Don't expect us to fund the private developments at each rail stop with public money. We aren't interested in paying twice. Maybe you are, but most of us aren't.

Rail stops create enormous wealth for the surrounding landowners at public expense and should spawn development on its own.

Vote For Prop 2 and stop these giveaways. Watch the documentary shorts at:

www.stopdomainsubsidies.com


Posted by: Brian [TypeKey Profile Page] at September 28, 2008 07:29 PM

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