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INFORMATION #1 11-05-2012
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INFORMATION #1 11-05-2012
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10/25/12 Finance&Commerce>Print>F&C special investigation <br /> Finance & Commerce http://finance-commerce.com <br /> F&C special investigation <br /> by Chris Newmarker <br /> Published: October 24th, 2012 <br /> $35.9 million <br /> in excess <br /> ihe to x <br /> rea increment <br /> financing <br /> money I <br /> helped fund <br /> $510.6 <br /> � <br /> r million- <br /> worth of <br /> construction <br /> ,, projects. <br /> 3 The idea <br /> 4,4 , .', ' — F <br /> Free - for— all <br /> was to kick- <br /> start <br /> f , construction <br /> .41,,, hiring and <br /> projects, but <br /> most <br /> recipients <br /> failed to <br /> count, <br /> complete or verify that jobs were created. <br /> Read the full Finance &Commerce special investigation below. <br /> ARTICLES IN THIS INVESTIGATION: <br /> The great property tax free-for-all <br /> Counting construction jobs proves difficult <br /> How the TIF program worked, and how we reported it <br /> With loans to developers, all was usually forgiven <br /> Local officials have mixed views about lobs program <br /> CHART: Tracking construction and permanent lobs <br /> CHART: Following the money <br /> Complete URL: http://finance-commerce.com/2012/10/fc-special-investigation/ <br /> finance-commerce.com/wp-content/plugins/tdc-sociable-toolbar/wp-print.php?p=52393 1/1 <br />
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