Comments on: Century Continues To Explore Community Redevelopment Area http://www.northescambia.com/2016/01/2century-continues-to-explore-community-redevelopment-area Local News for Molino, Bratt, McDavid, Century, Walnut Hill, Cantonment Sat, 11 Apr 2026 12:01:06 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Retired http://www.northescambia.com/2016/01/2century-continues-to-explore-community-redevelopment-area/comment-page-1#comment-315517 Retired Tue, 26 Jan 2016 21:20:19 +0000 http://www.northescambia.com/?p=241607#comment-315517 If new developments are in the works, perhaps this would be a tax shelter to keep the funds in the area instead of going into the county fund. It looks like an opportunity, especially if the boundaries are designated where growth may occur and a new business may be coming in. If the council names themselves the agency looks like additional paperwork and documentation but it is like planting a tree. It may take a while to bear fruit. If new developments are in the works, perhaps this would be a tax shelter to keep the funds in the area instead of going into the county fund. It looks like an opportunity, especially if the boundaries are designated where growth may occur and a new business may be coming in. If the council names themselves the agency looks like additional paperwork and documentation but it is like planting a tree. It may take a while to bear fruit.

]]> By: Oversight http://www.northescambia.com/2016/01/2century-continues-to-explore-community-redevelopment-area/comment-page-1#comment-315486 Oversight Tue, 26 Jan 2016 13:28:11 +0000 http://www.northescambia.com/?p=241607#comment-315486 "Upon declaration of an area as blighted, the CRA works to improve conditions." Easy button - this includes all of Century. But with $5,300 that you can't use? LOL! "As property tax values rise, most of the increase is funneled back into the redevelopment area for further improvements." Key word in "most" and where's the incentive to improve one's property if the government is going to punish for it by raising your taxes? Socialism at it finest right here. “Upon declaration of an area as blighted, the CRA works to improve conditions.”

Easy button – this includes all of Century. But with $5,300 that you can’t use? LOL!

“As property tax values rise, most of the increase is funneled back into the redevelopment area for further improvements.”

Key word in “most” and where’s the incentive to improve one’s property if the government is going to punish for it by raising your taxes?

Socialism at it finest right here.

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