twin lakes subsidies
In response to my recent letter, Roseville Council Member
Dean Maschka [in his letter of 5/3/05] says he supports $40 million in public
subsidies for the Twin Lakes big-box retail development because the developers
will "pay all of the costs of the project" with no risks to the
city. But if the developers are willing to bear all the costs and risks, then
why are they coming to the city for subsidies in the first place? The fact is
they are asking the city to use tax money to reduce the price of the land and
add to their profits. Mr. Maschka also claims that the city doesn't have the
option to spend new taxes from the Twin Lakes development on the nature
center, police and fire protection, or a new community center. Of course we
do! Those are the sorts of things our taxes are supposed to pay for not
more big-box retail. Taxes from Twin Lakes will go into the budgets of
the city, county and school district to provide needed public goods and
services, unless the subsidy supporters on the council vote to give those tax
dollars away to the developers and retailers like Costco or WalMart.
The developers say they won't go forward without millions in public money.
Great! Let's say no to this bad plan, and use the free market to call
for better proposals. Itıs not too late for the council to do the right
thing for Roseville. We can still redevelop Twin Lakes in a way that is
fiscally responsible, environmentally friendly, and consistent with the
communityıs long-term goals.