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The Dud on TV


CentrePointe developer Dudley Webb says on-camera on WTVQ he doesn’t understand what the big deal is in not disclosing the Dead Financier last Fall, explaining — slowly — this is a “PRIVATE project,” not a PUBLIC one.

He failed to mention T.I.F.(TAX. Increment. Financing.)

1 comment

  1. Anonymous says:

    True. However, the city is out of pocket $0 so far. And TIF financing only gives the developer tax money above and beyond what the property made prior to the development.

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