tag:blogger.com,1999:blog-5666195730630249633.post6053081146617769674..comments2024-03-25T17:49:41.408-07:00Comments on Salem Breakfast on Bikes: SK Education Foundation to Renovate Starkey-McCulley Block, DAB Considers FundingSalem Breakfast on Bikeshttp://www.blogger.com/profile/15618055627843335993noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5666195730630249633.post-41291201109417867072015-09-25T17:58:27.508-07:002015-09-25T17:58:27.508-07:00Maybe it's a moot point now, but it turns out ...Maybe it's a moot point now, but it turns out the City did give the Center for Hope and Safety two forgivable loans totaling $443,000, which turn into outright grants if the Center stays in the same place through 2024.Salem Breakfast on Bikeshttps://www.blogger.com/profile/15618055627843335993noreply@blogger.comtag:blogger.com,1999:blog-5666195730630249633.post-43625676936859659932015-01-27T14:08:27.705-08:002015-01-27T14:08:27.705-08:00It is an interesting debate. As said above on one ...It is an interesting debate. As said above on one hand the project brings renovation to a blighted property that as it was vacant hasn't been paying property taxes. It seems like it has the opportunity to bring a giid inflow of folks to downtown. However as pointed out it would take a property off the tax rolls. It seems like the question for downtown is balancing incremental growth in value of all the neighboring properties vs not receiving property tax on this one property. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5666195730630249633.post-80780797534038272562015-01-21T19:56:34.272-08:002015-01-21T19:56:34.272-08:00That's an interesting comparison and useful in...That's an interesting comparison and useful information! Thanks.<br /><br />(It seems relevant to note, however, that The Center for Hope and Safety is just outside the urban renewal area boundaries, and so it wouldn't be eligible for this kind of funding anyway. That's at least part of why they wouldn't have asked.)Salem Breakfast on Bikeshttps://www.blogger.com/profile/15618055627843335993noreply@blogger.comtag:blogger.com,1999:blog-5666195730630249633.post-28842328921206467872015-01-21T17:13:26.296-08:002015-01-21T17:13:26.296-08:00If SKEF wants a city loan/grant on this building t...If SKEF wants a city loan/grant on this building they should pay full property taxes until the loan is paid off. Not just one year.<br /><br />Also, if the city gives SKEF a loan/grant SKEF will vacate the space they occupy downtown today. Leaving another empty building. <br /><br />The Center for Hope and Safety raised their own money to renovate their downtown building and did not ask for City assistance. SKEF should do the same.Anonymousnoreply@blogger.com