Lining Their Pockets With Your Cash

So the FW Star-Telegram is reporting that yet another downtown developer is heading for City Hall asking that city leaders fill his pockets with your tax dollars. PNL Cos. of Dallas, which bought the Tandy Center from Radio Shack back in 2001 is asking the city for about $6.8 million in tax breaks. Company officials were said to be willing to negotiate on the exact amount. Gee, thanks. This is in addition to the $9 million the downtown tax-increment finance district has agreed to pay them for a 10-year parking lease agreement.

We constantly hear city officials tell us how lucky we are to have such a vibrant, lively, downtown. One that is so attractive as a place to live and work. Really? Then why is it that every developer that comes forward to invest their money downtown does so with one condition? That they get a nice handout from the city?