Company to bring $12.6 million facility to Martinsville
read more recent story comments Reader comments| downtown customer Saturday, April 30, 2011: 4:01 pm More from downtown customer  | Martinsville has needed this for a long time. No one knows what the future holds in the matter of health and a need for care whether it be nursing care or short term rehab. |
| LuLu Saturday, April 30, 2011: 7:58 pm More from LuLu | Just another reason it is so important for folks to have an understanding of the important role TIFs play in the development and growth of a community. TIFs can set the stage for continued growth in Martinsville. I'm glad the concept of TIFs was explained in the article because there has been so much inaccurate information being shared about TIFs recently. We need available resources for living and rehabilitation. In addition, sounds like it could definitely be a source of employment for folks in Martinsville. Hats off to all those involved! |
| Liberty Saturday, April 30, 2011: 11:54 pm More from Liberty | Holloway said the deal isn't done yet because the company still has to put together its financing package and present a deal — first to the Martinsville Plan Commission and then to the common council. Hummm.. why would a politician release this as a press release when nothing has been approved nor even planned so it could be considered. I just can figure it out. "They take the money and property taxes that this will generate, and it will go back into finance the cost for the infrastructure of this facility. So the city pays for their building. Just pointing out deception at its peak. |
| Acer Sunday, May 1, 2011: 1:06 pm More from Acer | Liberty, Liberty, What this is about, is 120.6 million dollars in economic impact for Morgan County over the next 10 years. That may be small to you, but it is a big step in the right direction for Martinsville. Holloway said, “It’s an even bigger thing than that, in that we believe projects beget projects”. “People will see this and decide maybe Martinsville is worth taking a look at.” And that Liberty is worth its weight in gold. Any business or community that wants to grow will assume some risk. No movement, no risk = standstill and degradation. The vacant property as it stands generates MINIMAL tax base AND NO JOBS! This facility will be providing tax dollars for improvements toward that district that the city cannot provide for WITHOUT A TAX INCREASE TO CITIZENS. In other words, it is a generator for tax money that would not otherwise exist with an empty field. The facility will provide JOBS! Did you miss the part in which it was stated that, “They wouldn’t have even talked with us in the beginning if we hadn’t started the process of setting up the (TIF) districts.”? Apparently you did miss it OR you chose to ignore that point. Without the TIF the districts in place, they would have moved on to another community and then you would have commenced wailing about that too. Which is what you seem to do best. You along with MANY others (including wannabe mayors) are not understanding what a TIF is and how a TIF “district” works. TIF money goes back into THAT district for improvements. THERE IS NO RAISE IN TAXES. The TRUTH is IF improvements are made to a property IN a designated TIF district/area, ONLY the tax money collected on the IMPROVEMENTS goes into THAT TIF DISTRICT fund for FUTURE IMPROVEMENTS. NO RAISE IN TAX FOR EXISTING/NON-IMPROVEMENTS. A TIF is a method to use future gains in taxes to finance current improvements, which will create the conditions for those future gains. Hence Holloway’s statement “It’s an even bigger thing in that we believe projects beget projects”. Too complicated for you? Get out of the dark ages. People like you keep us ALL at a standstill. Finally, the press release was provided by Mainstreet, Zeke Turner, CEO and chairman of the multi-million dollar, Midwest corporation. Not everything is a conspiracy theory. Pathetic. |
| Just observing Sunday, May 1, 2011: 2:38 pm More from Just observing | Liberty, First off its a shame myself and other vets have given our time and service so jerks like you can be hypocrits on sites such as this! It's the only place you feel secure enough to spew your garbage. Take a look around, your the one with all negative on your comments, your the one completely off base with the b.s. rhetoric! Deception, look Einstien, there are a lot of people out of work that are extcited over the possibilities! Good people that are struggling, so regardless of the timing, this is one goal we look for in leadership of our city, job creation. Why not come forward with your ideas at a Council meeting,introduce yourself? A big thank you to the current administration for the opportunity this presents to the City of Martinsville! |
| outsider Sunday, May 1, 2011: 6:55 pm More from outsider | I'm confused... Wasn't it Kenny Costin who was going to build that assisted living center? |
| Parent Sunday, May 1, 2011: 7:07 pm More from Parent | This is something that is needed in our city! Too many of our local people going to Mooresville to live that would rather be here in Martinsville close to family and friends! |
| Danny Stewart Sunday, May 1, 2011: 7:59 pm More from Danny Stewart | Outsider, This will be the fourth attempt to build such a place. The first three all involved Bill Schwab. |
| MHS.1927 Sunday, May 1, 2011: 8:25 pm More from MHS.1927 | TIF districts work. Those saying they do not are the same ones responsible for nothing being accomplished economically for the last 20+ years in Martinsville. I say onward & upward! |
| A Hoosier Sunday, May 1, 2011: 8:26 pm More from A Hoosier | Outsider, yes, it was, Kenny. When he was appointed to the TIF, I said then that a senior community was in our future. Holy cow. How could I have known? |
| nobodyimportant Sunday, May 1, 2011: 9:06 pm More from nobodyimportant | Liberty doesn't understand the term infrastructure if he or she believes that it is the building. Roads, sewers, utilities, etc. are infrastructure needs for locating businesses. Yes, we will invest some public money in making it attractive for a business to locate here. That is the way businesses are attracted. Choose not to enter the game and can sit on the sidelines and watch jobs go elsewhere. |
| A Hoosier Sunday, May 1, 2011: 9:14 pm More from A Hoosier | NI, at what cost to the taxpayer. Rob the poor, give to the rich. |
| 36 comments found | |
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