Tax increment financing, also known as Urban Renewal Districts, raise money by manipulating the future. That sounds sort of creepy, but it’s not. It sounds Frankensteinian, because it requires the future to become destiny, borrowing money against a future windfall, but it’s done all the time and it works. It’s not much different from saving for college, or buying a cow and paying for it with milk. The concept, applied differently, even garnered last year’s Nobel Peace Prize. So why does the hard left oppose it in Eugene? Beats me.
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One of these four ideas will be developed into a column on Wednesday to be published in The Register-Guard on Friday. I’m asking you to help me choose between them. Between now and the end of Tuesday, leave comments here or send me an e-mail if you’d rather be more private. Or, at the very least, RATE the idea (and the others) so I know which one people like best. No promises, though. This ain’t American Idol. But I will post an entry on Wednesday to say which one I’m choosing (and probably why.) I plan to do this each week — often by Friday, but always by Monday, so visit often and tell me which idea intrigues you the most. Thanks!
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