Monday, November 19, 2007

Train Station Driveway


Yes, it's true...

We can drive up to the front of the train station again.

But not from Washington Square anymore.

I wonder when the tax revenue is going to start pouring in from the acreage freed up by the new rotary? Hmmm... Let's see, now... If they develop $8 million dollars' worth of new taxable property around the rotary, at the current commercial tax rate it'll only take 40 years to pay off the cost of the new construction!

And if Rick Rushton gets a change to a single tax rate, it'll probably take 80 years to pay off the new construction.

And if they give them a TIF or a DIF... it will take even longer.

Sour grapes? Me? Nope. Just calling them as I see them.

2 comments:

Gabe said...

There is of course always the intangibles that you can't measure via tax revenue such as general beautification of the area and what that means as far as the attitude of the citizens of Worcester itself and it's visitors. I know as a citizen I don't care what the city spends on the downtown as long as the result is a downtown we can feel proud to live in and a downtown that people in general can feel safe in. If that happens everything else will follow. I think we are on our way to that so I am not about to criticize.

(PS Even if we aren't actually, if we all believe we are then we will be. Perception is reality.)

Jeff said...

I'm all for optimism, hope, and thinkng good thoughts, too.

They could have made the rotary a lot more pleasant to look at by mowing the grass on a regular basis, however. Spending $8 million upon the sole factor of reclaiming acreage for future taxation, however, strikes me as pretty freakin' dense.