Saturday, November 03, 2007

Kitty Hawk and Area tax abatements

Several people have asked me what I think about Kitty Hawk and the tax abatement they received many years ago.

This topic has been covered fairly well in the local blogosphere and even by the newspapers.

Basically Fort Wayne lured Burlington here with a sizeable tax abatement some time ago. That did not work out and so we then enticed Kitty Hawk to come here for an even larger tax abatement. Now that Kitty Hawk has declared bankruptcy and cannot secure credit there is no doubt that Allen County taxpayers have been left holding the bag. Allen County taxpayers will be paying off the bonds that our local Airport Authority took out to entice Kitty Hawk to come to Fort Wayne. This is going to get expensive for Allen County taxpayers and we will pay for it by raising property taxes in Allen County!

Kitty Hawk employed about 300 people locally and those people have lost their jobs. This is a major blow to Fort Wayne and Allen County. The increase in property taxes will be another blow to taxpayers in Allen County.

Luckily our City Council is working hard to replace these jobs already. They recently granted a tax abatement to McDonalds so that a local fast food restaurant could pass its tax burden onto all other local businesses...

Good grief.

I am sick and tired of people calling Wal Mart and McDonalds economic development in Fort Wayne. These people need to get a clue... They also need to stop calling new strip malls on the edges of Fort Wayne and projects like Harrison Square economic development.

Get out and vote November 6th and "throw the bums out..."

Mike Sylvester

6 comments:

J Q Taxpayer said...

Agree, but sadly some that are in office are a tad better then those running against them.

But do get out and vote.

barranda said...

Mike,

I'd like to explain economic development and your plan to implement that in Ft. Wayne. It's easy to criticize, it's harder to come up with tangible solutions. I'm not criticizing here, I honestly want to know. Please don't tell me casino...or if you do, please explain a legal and viable way to do it.

Perhaps you could post your ideas permanently on the right side of your blog (replace candidate info), because I'm sure this isn't the first time this request has been made.

-mab

gadfly said...

Mike Sylvester says:
"I am sick and tired of people calling Wal Mart and McDonalds economic development in Fort Wayne. These people need to get a clue... They also need to stop calling new strip malls on the edges of Fort Wayne and projects like Harrison Square economic development."

Wikipedia says:
"The term "economic development" is often used in a regional sense ... (e.g., a mayor might say that "we need to promote the economic development of our city"). In this sense, economic development focuses on the recruitment of business operations to a region, assisting in the expansion or retention of business operations within a region or assisting in the start-up of new businesses within a region."

If Wiki is right, Mike is wrong.

Robert Enders said...

Wikipedia is NOT an authoritive source, since anyone can edit it.

In two days I will take down the candidate info links. But since Mike Sylvester is not running for office this year, you should be more concerned with what the candidates think than what he thinks.

The state legislature might be willing to allow a casino if the mayor and city council lobby for it. For some reason riverboat gambling seems to be more acceptable than gambling on dry land. Maybe we can put something on the Maumee.

barranda said...

Enders,

Thanks for telling me I should be more interested in what you say than what Mike says. I'm not though. It just so happens that I am truly interested in Mike's idea of what constitutes economic development, and how it can be accomplished. As a candidate, perhaps you should be interested in his opinion too!

Parson said...

I am sick and tired of people calling Wal Mart and McDonalds economic development in Fort Wayne.

So what would be considered economic development? and how do we get those kinds of businesses to come to Fort Wayne?