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-- Posted by Mac on 6:18 pm on Feb. 25, 2001 This issue promises to be one of the major arguments between incumbent DeKalb Mayor Bessie Chronopoulos and former Mayor Greg Sparrow. Joseph Freed and Associates plans to construct an enclosed mall on the property that used to have WalMart on it, Northland Plaza, before the Super WalMart opened. Freed is asking for incentives from the City of DeKalb to help defray costs in infrastructure. -- Posted by MikeC on 9:40 am on Mar. 15, 2001 We need the mall and use of TIF funds for redevelopment of an empty shopping center makes alot more sense than using it for the old bank building. I thought TIF money was supposed to be used to increase property value and the real estate taxes collected on the property it was used for. How much more property tax will the old bank building be now that the Park district owns it? Sounds like it went from little to nothing. The Junction book store should shut up or Bessie should quit listening. We need the mall. |
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