Meanwhile, the Journal —- as one commenter puts it ——‘sucks up’ to Mayor Allen Joines plan for Dell’s incentives refund, despite the sketchy details:
In tight economic times, some council members might want to use some of the money for more immediate needs, such as avoiding a tax increase. But for the sake of the city’s future economic success, this money should be returned to its original use — economic development. And yes, that means much of it may be spent on incentives to attract new companies — an unavoidable part of doing business in today’s economy.
…. The city has a few projects in mind, Joines said, but he declined to provide details.
We look forward to hearing more as soon as possible. And if by chance one of the projects should come to fruition, we expect that any incentives deal the city reaches will be done in the open — and that it will contain the strong claw-back provisions that helped secure the Dell refund.
And city council members claim they’re looked under every rock for money that would avoid a tax increase.
