Originally posted by Da Coach
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and that piece is in EAST PEORIA - all the more reason for the Peoria people to do whatever it takes to avoid getting trumped by East Peoria again.
and this is the same thing the city did for the wealthy hotel developer - raised taxes just to give him the money to pay off his loans...
in other words - giving tax revenue to an individual just to pay his expenses so he can make more profit!!
Peoria leaders are known for handing taxpayer money out like it was Monopoly dollars - which is what they did to the Firefly Battery company that immediately took all the $$ millions Peoria gave them and paid huge bonuses to their management then filed bankruptcy leaving Peoria on the hook for millions while they skipped town with their $$ millions and didn't even pay their employees, the Louisville Slugger complex where they gave MILLIONS to the millionaire hotel developers who then make millions more cuz they have the hotels out there as well, and to the downtown Pere Marquette developers just to build an entire city block of useless storefronts that two years later sit empty gathering dust.
All of these multi-million dollar wastes AND MANY, MANY, MANY, MANY, MANY MORE then the City of Peoria says they are $8 million short on their budget this year !!!!
Disclaimer- I do not live in Peoria but like many, I do pay taxes on everything I buy there.
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