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| Kittatinny Ridge in Monroe Co. (Photo: Blue Mountain Preservation Association) |
The Pocono Record reports, "TIF is often used to subsidize redevelopment of blighted urban areas or for new community-improvement projects. It allows developers to defer payment on a portion of local property taxes with the belief that it could spawn further development, and increase surrounding property values and additional tax revenues.
Opponents say the method has the potential to disenfranchise the public it's supposed to serve.
A developer who wants the funding mechanism needs the approval of the township, school district and county where the project is being constructed. Blue Mountain members have been making their rounds to all these entities in recent weeks asking that Alpine be denied the funding mechanism."
Read the full article here: Eldred Township car club opponents denounce tax incentive
Background on proposed Alpine Rose project (from PA Sierra Club)
Alpine Rose Resorts Inc has proposed to place a members-only racetrack/country club for sports car enthusiasts on the north face of the Blue Mountain in Eldred Township, Monroe County. The proposed site borders the Appalachian Trail and State Game lands on its southern border and a high quality cold-water fishery, the Aquashicola Creek and wetlands on its northern boundary. There is a steeply sloped (12-25 %) mountainous terrain that will make development of any kind difficult at best. Public issues include the inability of the road system to support the increased traffic and the noise impact of 50 racing automobiles, some without mufflers, running at speeds of up to 120 mph.
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