A meeting of Joplin’s TIF Commission scheduled for today was postponed.
The commission chairman, Doug Doll, delayed the meeting to allow time for the city and the city’s master developer, Wallace Bajjali Development Partners, to put together answers to questions posed by the Joplin School District in regard to the TIF proposal, city officials said.
The school district issued a letter on Friday saying that it would like the commission to take more time to study the question in view of the revenue the district contends it would lose to the proposal in taxes. The district also asked several new questions about the plan.
The TIF district is proposed by the city to encompass the hardest hit section of the tornado zone as well as extending north on Main Street and taking in downtown. It’s purpose is to provide an estimated $60 million in revenue from any tax growth that occurs there to help finance $806 million in redevelopment projects.
Doug Doll, TIF chairman, said at a meeting last week that the city does not intend to short any other taxing entities of revenue.
“I think we all agree this needs to meet all of the needs of all of the taxing districts. It’s either a win for everybody or a win for no one,” Doll said.
City Planner Troy Bolander said a TIF district allows 100 percent of new property taxes in a district and half of new sales tax revenue to go toward projects within the district.
Capturing future tax growth has created a number of questions by the school district to help it determine how it would be affected.
David Wallace, chief executive officer of the Wallace Bajjali firm, told the TIF Commission last week his firm would supply written answers to those questions within two days. “A lot of it requires input from our professionals,” Wallace told the commission. On Friday, the school district released a letter to the TIF Commission outlining more questions and asking that the commission delay any final action so that a more thorough study could be done.
School district officials said that the proposed TIF, which would freeze tax revenues at current levels, could cost the district nearly $22 million over the life of the TIF, which is 23 years.
Planned housing construction in the TIF district could increase enrollment in the district, costing millions, the administrators said.
District officials propose certain resolutions to their concerns. They ask that the city agree to make payments to the district that would grow each year instead.
The TIF Commission meeting has been rescheduled for noon on Wednesday, Nov. 28, at City Hall.
Local News
TIF meeting postponed
- Local News
-
-
Neosho Board of Education approves 10 percent raise in effort to keep custodians
School custodians are receiving the biggest percentage raise among salaries approved Monday by the Neosho Board of Education.
-
Jasper County to start enforcing newly-adopted nuisance ordinance
Jasper County has received 15 complaints based on a nuisance ordinance adopted earlier this year, members of the Jasper County Commission said Tuesday.
-
Woman admits role in prearranged funeral fraud
A St. Louis County woman has admitted to a role in a pre-arranged funeral scam that allegedly bilked customers out of as much as $600 million.
-
Carthage School Board OKs $45 million budget
A proposed budget that sets Carthage School District spending at $45.7 million for the fiscal year starting July 1 was approved by the Carthage School Board on Monday night. The budget represents an increase of almost 3.5 percent over spending in the current year’s budget. It also includes additional teaching positions and increases in staff pay, said Superintendent Blaine Henningson.
-
Missouri moves to lift ban on foreign farm owners
Weeks before a Chinese conglomerate agreed to buy Smithfield Foods Inc. in the largest such takeover of a U.S. business, Missouri lawmakers quietly approved legislation removing a ban on foreign ownership of agricultural land.
-
Missouri season to open for bullfrogs and green frogs
Missouri’s frogging season is about to begin.
-
Joplin City Council to move forward on $130 million recovery proposal; curbside recycling election resurrected
Residents kept the house packed to the end of a 2 1/2-hour meeting of the Joplin City Council on Monday night to encourage the panel to resurrect some kind of curbside recycling proposal and to hear the details or support a $130 million recovery plan.
-
Board chairwoman: Bruce Speck out as MSSU president
Bruce Speck is “no longer president” of Missouri Southern State University, the Board of Governors disclosed Monday. The announcement was made late Monday afternoon following a unanimous vote taken during a closed board meeting Friday.
-
Mike Pound: It’s OK to leave dad alone on Father’s Day
My wife was worried that I would mind being alone for a couple of hours on Sunday.
Sunday was Father’s Day, and my wife had the crazy notion that I wanted to be surrounded by kith and kin all day. -
New Mexico man draws prison term in Joplin child-rape case
A 59-year-old man was sentenced to 15 years in prison Monday after pleading guilty to sexual abuse of a developmentally disabled 8-year-old girl in Joplin. Robert L. Newton pleaded guilty in Jasper County Circuit Court to first-degree statutory rape, first-degree statutory sodomy and felony failure to appear in court in a plea agreement with the prosecutor’s office.
- More Local News Headlines
-
Neosho Board of Education approves 10 percent raise in effort to keep custodians
