I'm out of town... someone ask Large and Kunz why they have illegally placed signs on every public right of way and vacant lot in Milton.
Alan, you're out of town for your own debate? Will you call-in from the road and ask them to put you on speaker phone?
What??NO! Don't take them down! My favorite ones are across from Hopewell Middle. I want to put some signs of my own next to them."If you like subdivisions with this much density, vote for Large and Kunz."or in the lot behind Kroger that is lined with their signs..."If you don't like all of these trees, vote for us! We'll get rid of them for ya."
I like the signs. It is so much easier for me as a developer to know what commercial land I will be able to buy and pave over and I know just the candidates that will help me get whatever I want. After all, their names are plastered all over every greedy developer's land throughout the entire city.
Kunz wants to increase revenue from commercial? How do you do that? The tax rates are the same. So By creating more commercial areas which means more development. Thats the only way to have more revenue come from commercial by making more of it. Who says the people of milton want more commercial areas? him? Caught ya talking out both sides of your mouth last night at the forum.
What Kunz said was that he wanted to insure the existing commercial areas developed and that the businesses in those areas were successful. He did not say more commercial areas. Commercial property values are based on the rents they charge and if businesses in an area are not successful then the rents for that area will decrease. This causes the property values to decrease which causes the property tax revenue from those properties to decrease.Guess it was you that was caught drinking the Zahner-Bailey koolaid!
That's not what he said regardless of what your explanation is of what he meant. I'm not in anyone's camp and went there with an open mind about all of them but if you are going to attack me on what I heard with my own ears, the decision is easier. You shouldnt assume I'm drinking anyone's koolaid, I drink my own ice tea not his or hers.
Mr. Kunz said, and it was almost unintelligible, that commercial property brings in more revenue than residential, so that is what needs to be increased. "Do the math," he said several times. He seemed to like the pareto principal, as he repeated that quite a few times too. Unfortunately, if commercial property is increased enough to make a measurable difference to the revenues (it would have to be tripled or quadrupled), residential property values in surrounding areas drop proportionately. Maybe that's how he plans to reduce the taxes of homeowners, by reducing their home values. Its a zero sum game. You can't keep it rural and make it commercial at the same time. You can say it, but you can't do it.He never answered the question - how would you increase commercial, decrease residential, and by how much. He doesn't know, because it can't be done. YOu can increase commercial revenue, but you can't decrease residential. Millage rates are mandated, so taxes won't drop unless values do.Rental Income is not considered in any way in valuation of commercial properties. Its completely based on fair market value - what an arms length buyer would pay an arms length seller. In this economy, all values are lower.
Guys, the point that Kunz missed, and hasn't been touched-on here, is that we are already built-out. There are millions of square feet of unoccupied space in the city. There are approximately 500 homes for sale. This has nothing to do with the city council or its individual members. The reason is simple... we are in the middle of a historic recession.Kunz's plan to increase the build-out of homes and businesses will have a detrimental effect as they sit vacant. What is he even thinking?
He is trying to get elected!
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