Election 2012: Questions and a response to mayoral candidate Carl Diedrich's ...
22.05.12
When it comes to speaking directly to the plan you make several assumptions and conveniently fail to recognize other impacts that small business growth would have. Your first assumption is that the plan is subsidizing bad economic behavior and promotes and encourages imprudence. Lowering sales tax requirements to equivalent Development Impact Fees is an industry standard mechanism for creating economic growth in communities. The Maricopa Wal-Mart location was built using exactly this methodology. Your assumption is that a small business owner looking for help to expand or increase operations would be making a bad business decision because they don’t want to spend their capital on DIFs. In Maricopa, we do not have the luxury of already having buildings on the market for small business expansion. If we did have move-in ready sites, the cost of development would already be absorbed by the development of the community. In your assessment, you conclude that a business shouldn’t expand
Source: TriValley Central