Quote:
Originally Posted by PHX31
“The consensus of the commission is that GPLETs shouldn’t be provided to developers who are not preserving historic properties and this is not a preservation project,” Scheel said.
Has anyone read about or know what GPLETs technically are approved for? Is "preserving historic properties" one of an actual requirement? Or are the people of the RAA just demanding that? "GPLET's shouldn't be provided..." is a whole lot different than "GPLET's aren't provided...".
Still just sounds like a bunch of people meddling and being butt-hurt.
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The only info I could find about when a GPLET is approved for a site is this:
"Specifically, only cities and towns may
authorize the abatement of the GPLET, and then
only if the property is located within the city or
town’s “central business district.” A city or
town must notify the county, and any city, town
or school district in which the property is
located, at least 60 days before the city or town’s
approval of the GPLET lease.
That approval
must contain a finding that, within the term of
the lease or development agreement, the
economic and fiscal benefit to the State of
Arizona and the county, city or town in which
the property is located will exceed the benefits
received by the lessee as a result of the
development agreement. The finding must be
based on an estimate prepared by an independent
third party."
If the 3rd party investigation shows that the new "The Stewart" residential project will provide more
economic and fiscal benefit to the City than the benefits received by the developer, then by all means the GPLET should be granted. To me, outsiders and various peoples and certain commissions' self interests and hobbies (desiring historic preservation) is not a factor in whether or not a GPLET is approved. I don't think tangible, not indirect, fiscal benefit can be quantified by preserving half of a 1 story square brick side of a 1946 building to appease these people. These meddlers are really annoying. They are completely taking it to the extreme. I'm all for historic preservation, but some compromise must be accepted (as in all facets of life) which the developer seems to be providing.