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HomeMy WebLinkAbout10-25-20 Public Comment - P. Reichert - TIF district for pole siteFrom:Paul Reichert To:Agenda Subject:TIF district for pole site Date:Sunday, October 25, 2020 2:36:41 PM Dear Commissioners, I am writing to ask that you support the new TIF district for the old pole site on the north side of Bozeman. It is a smart idea to establish a new district before anynew development. The city is well aware that a new Rouse Ave, the Story Mill Park and pending new development in the northeast neighborhood - are all going to increase the demand for newpublic infrastructure for this part of town. Having a TIF district gives the city an important option to help finance those improvements in the future. The word option is key. A TIF district does not require the city to act or fund anything. Itdoes mean that you will have the option - to fund future public infrastructure - if the district starts to attract new development. This is a wise move to have a new TIF district in an area that is getting more developmentattention so that you have a tool to address future needs of the residents and businesses in this part of town. Thank you for considering my comments. Paul ReichertWestridge Dr. Bozeman