I received my quarterly village newsletter the other day and was anxious to read the article on the 2009/2010 Village Budget.
I was extremely disappointed by comments that were made in this article "Additional revenues projected last fiscal year would have included new sales tax in excess of one millions [and that is their own grammatical error] dollars that would flow to the community from the proposed new Wal Mart facility. These funds would have assisted in paying for the increased cost of municipal service levels of this community and eliminated last years' deficit. The construction and predicted opening has been delayed by the litigation initiated by the seven adjacent homeowners. The building plans have been approved and engineering and design is nearly complete for the project."
Wow, I'm impressed that the village was expecting to get the store built and generate new sales tax revenues in excess of one millon dollars in 6 months time because the plans were only just approved in June, 2008. Expected construction time is 18 months. Even with pushing to get the construction finished ahead of that time frame (and when has that ever happened), the village shouldn't expect to start receiving sales tax revenues until December, 2009, but clearly they are counting their chickens before they hatch.
As a member of Dundee Neighbors I would be more than willing to add my name to the lawsuit, unfortunately the law only allows "adjacent" homeowners to litigate.
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8 comments:
I must agree with the opinions expressed in this blogspot. I was angered to see the unsubstatiated casting of blame on concerned citizens for projected revenue shortfall. This was a clear effort to minimize the validity of the of the challenge to the siting of the newest big box.
oops, typo, should read unsubstantiated
You must be forgetting about the building permit fees, impact fees and tap on fees that would have been paid last fiscal year? I believe Wal Mart stated that the building would be operational in 12(not 18) months which would make sales tax revenues available starting this fiscal year. I am still trying to understand how Wal Mart is so different from the other large retailers that are already at Spring Hill Mall??
Well, I'm sure building permit fees, impact fees and tap on fees would not have totalled 1 million dollar.
I noticed the exact same thing when I received the newsletter. It was very disappointed that the Village tried to make it look like the plaintiffs in the lawsuit were to blame for the budget shortfalls. However, I cannot say that I am surprised.....
Can we name another 24 hour retailer at Spring Hill Mall? Another retailer that sells liquor in the mall?
If Wal-Mart is not any different than other retailers in Spring Hill mall why should we expect them to be the solution?
They are different, their prices are lower and more people shop there. I can't wait! Glad to see that G&G didn't get enough votes.
G&G might not have received enough votes and even if they had the village, GGP and Walmart still have a large hurdle to overcome. More news should arrive within the week.
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