Gainesville City Council will meet tonight to vote on proposed amendments to the way projects seeking Tax Allocation District financing are evaluated and approved.
City, county and school board officials tabled three requests in August for taxpayer funding to help renovate the Lakeshore Mall, a building along Green Street for Looking Glass Surveys and for completion of phase two of the midtown multiuse trail.
Officials on theTAD Advisory Committee said they needed to identify just how long it would take to recoup their investment, as well as identify parameters and evaluation criteria for approving funding.
Proponents of TADs say they inspire a “halo effect,” wherein the renovation of one property spurs redevelopment elsewhere.
Critics, however, charge that TADs represent little more than corporate welfare.
City Council meets at 5:30 p.m. today in the municipal courtroom of the Public Safety Complex, 701 Queen City Parkway.
County commissioners to consider rezoning Gateway Industrial Centre
The Hall County Board of Commissioners will meet for a special called voting session Thursday morning to consider rezoning the Gateway Industrial Centre to heavy industrial.
The rezoning request comes on the heels of a move by Kubota Manufacturing of America to expand its headquarters in Gainesville, creating an estimated 650 jobs and investing $100 million into the project over the next several years.
As part of the expansion, the company will buy 180 acres at Gateway Industrial Centre off Ga. 365 in North Hall.
The Gainesville and Hall County Development Authority is expected to approve today the purchase and sale agreement for Kubota’s move.
The Board of Commissioners meets at 11 a.m. Thursday at the Hall County Government Center, 2875 Browns Bridge Road, Gainesville.
Joshua Silavent covers government issues for The Times. Share your thoughts, news tips and questions with him: