Submitted by Russell (not verified) on Wed, 04/18/2012 - 3:43pm.
There is an overabundance of misinformation out there. When there is any new major publoc devlopment in a tradition-bound city, the first discussion is about prorperty taxes. That conversation is usually perpetuated by the media focus. The positive implications are typically not discussed. The facts will surface, there are very few, if any, communities that look back on this type of development and regret the outcome, including those most opposed. That shouldn't be dismissed at the onset. The property tax question is far from being detailed; therfore the reactionsand opinions are derived from incomplete information. There is a "hole" in the Wilmington market. This "hole" is only being addressed by those outside the city. How much money crosses the bridge every weekend, that could be money flowing back into our economy. The "carpet bagger" objection is ill-informed as well; Mandalay is not dependant upon Wilmington. If the project didn't qualify as a sound investment thwn Wilmington wouldn't be considered. The city MUST own part of the development; for an.outside entity to come in and own the entire development would result in major dollars being directed into private hands with the city not being able to realize the economic impact it would otherwise. There is no doubt that not only will the city benefit, but that we need this on many levelz. It is my hope that the media will be fair and truthful (and well-rounded) in its approach to covering this project. In my opinion these numbers are skewed in deffernece to the objectors...it makes for better news, but is sadly misleading. Negative opinion makes for better coverage than the positive. This is not all about money, it's about the resistance to Change; which invokes fear. An honest.look at the potential propert tax increase would mean (probably) about $30 - $50 per year per household. Where are those facts. It's not hard to research. Take a poll, but provide enough info for an informed opinion and not some of the hogwash that is being said.
baseball stadium project
There is an overabundance of misinformation out there. When there is any new major publoc devlopment in a tradition-bound city, the first discussion is about prorperty taxes. That conversation is usually perpetuated by the media focus. The positive implications are typically not discussed. The facts will surface, there are very few, if any, communities that look back on this type of development and regret the outcome, including those most opposed. That shouldn't be dismissed at the onset. The property tax question is far from being detailed; therfore the reactionsand opinions are derived from incomplete information. There is a "hole" in the Wilmington market. This "hole" is only being addressed by those outside the city. How much money crosses the bridge every weekend, that could be money flowing back into our economy. The "carpet bagger" objection is ill-informed as well; Mandalay is not dependant upon Wilmington. If the project didn't qualify as a sound investment thwn Wilmington wouldn't be considered. The city MUST own part of the development; for an.outside entity to come in and own the entire development would result in major dollars being directed into private hands with the city not being able to realize the economic impact it would otherwise. There is no doubt that not only will the city benefit, but that we need this on many levelz. It is my hope that the media will be fair and truthful (and well-rounded) in its approach to covering this project. In my opinion these numbers are skewed in deffernece to the objectors...it makes for better news, but is sadly misleading. Negative opinion makes for better coverage than the positive. This is not all about money, it's about the resistance to Change; which invokes fear. An honest.look at the potential propert tax increase would mean (probably) about $30 - $50 per year per household. Where are those facts. It's not hard to research. Take a poll, but provide enough info for an informed opinion and not some of the hogwash that is being said.