November 29, 2011
The developer of the latest retail complex proposed for the Issaquah Highlands is seeking public money to complete the project. Should the city provide funding for the project? What other economic development projects should be considered for city dollars?
No. If the development is a good investment, then private investors would put their money into it and not need to ask for taxpayer funds.
Paul Stewart, Issaquah
No to the Regency Centers! Perhaps at some time we will have to consider offering tax or other incentives to an enterprise in order to entice them to come here rather than to another city seeking their presence. However, we would have to consider the wisdom and implications of such a move based on a hard-nosed cost/benefit analysis.
Ray Extract, Issaquah
Absolutely not! The Issaquah Highlands development is a business and the taxpayers shouldn’t bail it out. We have already sacrificed more than enough.
Hank Thomas, Issaquah
Public-private co-opts have a murky history — for example, our sports stadiums. A developer would not risk capital if it wasn’t certain of profitability and in that case the public should not have taxpayer dollars in jeopardy to prop up capital ventures. Surely, we’re all tired of government bailouts of private entities by now!
Mark Bowers, Issaquah
Surprise! Another business lining up at the public trough. How far will our City Council bend this time, and how do I get on that money train?
Bryan Weinstein, Issaquah
Absolutely not. Developers pay to develop. That is their business. We should not be begging for developers. On the contrary, I would like to see Issaquah take the position that it is a privilege to develop in our city and anyone who submits a proposal should be prepared to meet our (hopefully) stringent standards and requirements.
Barbara Extract, Issaquah