Saturday, March 6, 2021

MAYOR BARELY CLEARS 40% THRESHOLD, AGENDA HAS MINORITY SUPPORT

 Mayor Weinberger's vision of Burlington garnered a minority vote from residents in the recent election. 129 votes short of electing a progressive mayor, 60% of voters backed all of the progressive ballot items. This should give City Palace investors pause and send the developers back to the Neighborhood Planning Assemblies for a check in. The project is costing taxpayers $23 million in TIF debt, and we want a say in what gets built there.

Opposition to the various pit projects put forth by Sinex and Weinberger has been constant since day 1. The mayor ands CEDO made an undisclosed deal with Sinex in October 2013. The deal would require up-zoning of the property, millions in TIF funding, and selling Burlingtonians a vision of $225 million sugarplums dancing around a palace with towers 16 stories high, featuring high rent apartments and offices, more bars, restaurants, and shops, and a hotel.

The mayor says it will replace the Champlain Street neighborhood that was displaced by urban renewal in the 70's. Say what? Refresh your memory of that neighboirhood. The documentary is available online here: https://www.youtube.com/watch?v=jCKj58HHWEs</a></a

Well, in spite of Council's last minute approval of the latest development agreement, and the DRB's quickie rubberstamp, there is unfinished business to be reckoned with: 

Reckoning: https://m.sevendaysvt.com/OffMessage/archives/2021/03/05/dispute-over-parking-could-delay-cityplace-burlington-construction

DRB Quickie Review:  https://www.cctv.org/watch-tv/programs/burlington-development-review-board-353  *Note that BTC is referred to as 75 Cherry Street.

No comments:

Post a Comment

TIF Is a Subsidy to CityPalace Investors

  The state's explanation of TIF says: "Current statute requires that the municipality pledge at least 85% of the incremental munic...