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Sunday, January 14, 2007
Lafayette Needs More Than Cheese Support
Posted by Dan Powers
If Cheese Importers really does come to Lafayette, there's a hope that the city's $2 million+ investment in the plan will finally be repaid. Read the enthusiastic hopes from surrounding businesses from the Daily Camera. Here's what's lesser know, and why everyone in Lafayette should be cheering for (and shopping at) those neighboring businesses as much as at Cheese Importers: the city's investment will be paid from sales tax revenues in the business district that exceed a baseline created back with the original Cheese Importers deal. (See remarks about the updated deal here.) The rosy projections and plans from a few years ago have not panned out just yet.
Keywords (click for similar posts): Lafayette