Taxpayers left holding the bag
From Frank Gale
Something just doesn’t add up at the Creston City Council. If I understand correctly, the decision was made to remove the house on Adams Street in order to have two lots for sale in the new subdivision.
I have no doubt that said house could be sold for $120,000, due to its prime location. Instead, the decision was made to have two lots which might sell for $25,000 apiece, due to their prime location. So now, the taxpayer is left holding the bag for $70,000 that could have been placed into the general fund or used towards the development of the subdivision. But wait, we are told we are getting a great deal since the taxes would be $3,000 on houses built on those lots. Of course, this money will be used to pay off TIF financing, and the taxpayer is still left holding the bag.
It appears that somewhere our elected officials are not adding 2 plus 2 to get 4, but instead, are using accounting methods to get what they want. Isn’t it time for our elected officials to listen to the 300 voters who signed petitions to keep the house. Sure wish I lived in the third ward, and I would run for the vacant council position.
Special thank you should be given to the three city council members who were willing to listen to the residents of Creston by voting against the removal of the house.
Finally, if you feel that either the house should be used by the Parks and Rec. Dept. or if it should be put on the market, due to its prime location, call your city council person or the mayor and tell them to listen the people of Creston, Iowa.