U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Shopping and Consumer Products
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 04-08-2015, 01:12 AM
 
969 posts, read 901,889 times
Reputation: 720

Advertisements

Quote:
Originally Posted by JuanHunt View Post
Inside the negotiations that brought Belk to Bridge Street Town Centre in Huntsville | AL.com

The city provided $4mil of work for free, something they wont do for a small business owner like myself, with only 3 employees, not even $4000, not even $4.

I understand how you see it but cities do infrastructure work constantly, from sewers to roads and even sidewalks.
My understanding is there has been a storm sewer system problem in the park that putting more concrete into was going to exacerbate. Therefore to improve the chances of sales tax revenue increases with a business that had been in the city a long time, but unfortunately then in a dying area, they thought this was a good investment to cut those revenue losses. Mind you it includes benefit to Bravo and other businesses not just Belk.

I think you confuse doing something for a company directly that becomes their asset from doing something on a street or in a neighborhood that benefits one or many at various degrees. No, I don't believe they knock on doors offering to do things for your business, but I do believe they will pave your street, repair your water mains, relocate power lines and add sidewalks to make your business more appealing to new business. It happens everywhere, however it is usually handled by organizations of various names depending on the city. What you get from the city for your taxes is probably fairly close in proportion to what anyone else is getting based on their tax payments.
I do realize that some people lose their minds when they hear or read the word 'tax', so I will understand if this post is totally useless.

As a tax payer in the city for quite a few years do you really believe that work that might benefit Belk is free, that it did not come from their taxes as it does from all our taxes.
Do you think that when my street was repaved this year that my friends think I am getting favors from the city, and that all that tax I have paid did not in some way entitle me to some benefit occasionally.

But a question; surely they are picking up your garbage?
Reply With Quote Quick reply to this message

 
Old 04-08-2015, 08:30 AM
 
401 posts, read 232,023 times
Reputation: 219
Quote:
Originally Posted by preguntas View Post
I understand how you see it but cities do infrastructure work constantly, from sewers to roads and even sidewalks.
My understanding is there has been a storm sewer system problem in the park that putting more concrete into was going to exacerbate. Therefore to improve the chances of sales tax revenue increases with a business that had been in the city a long time, but unfortunately then in a dying area, they thought this was a good investment to cut those revenue losses. Mind you it includes benefit to Bravo and other businesses not just Belk.

I think you confuse doing something for a company directly that becomes their asset from doing something on a street or in a neighborhood that benefits one or many at various degrees. No, I don't believe they knock on doors offering to do things for your business, but I do believe they will pave your street, repair your water mains, relocate power lines and add sidewalks to make your business more appealing to new business. It happens everywhere, however it is usually handled by organizations of various names depending on the city. What you get from the city for your taxes is probably fairly close in proportion to what anyone else is getting based on their tax payments.
I do realize that some people lose their minds when they hear or read the word 'tax', so I will understand if this post is totally useless.

As a tax payer in the city for quite a few years do you really believe that work that might benefit Belk is free, that it did not come from their taxes as it does from all our taxes.
Do you think that when my street was repaved this year that my friends think I am getting favors from the city, and that all that tax I have paid did not in some way entitle me to some benefit occasionally.

But a question; surely they are picking up your garbage?
Improvements on private property are always suspect.

There was no park, they filled in a lake obliterating the original landscape plan for Bridge Street since exactly 17 people went on the gondola rides on the lake since it opened. This was a cash deal that Belk insisted on, the city doesnt have the resources to do this kind of work, they have to hire a contractor. And, this was in the same time frame that the city begged for a sales tax rate increase claiming they just didnt have enough money to provide necessary services.

If Belk-BS does $60mil a year, and 20% is considered "new" revenue rather than just continuing revenue, its 10 years for the city just break even on the improvements.
Reply With Quote Quick reply to this message
 
Old 04-09-2015, 01:57 AM
 
969 posts, read 901,889 times
Reputation: 720
That time frame is exactly what I read in many of these deals in many places. Up to twenty years in many. Is Huntsville not spending a lot of money in another county hoping to lure business. Does that bother you?
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Shopping and Consumer Products
View detailed profiles of:
Follow City-Data.com founder on our Forum or

All times are GMT -6. The time now is 02:00 PM.

© 2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top