Mayor Pat Hays’ scheme to cram a developer enrichment scheme down the throats of NLR taxpayers was approved at the last minute last night, as expected. Still more flouting of public notice and discussion rules. Lots of objections, including on the shaky financial plan for the parking deck that the mayor wants to gift to a hotel developer at the expense of school kids.

Here’s a report from NLR Daily News. More to come on the legal front soon regards what now stands as the most misbegotten of any Tax Increment Finance District attempted in Arkansas since then-Rep. Dustin McDaniel led creation of this monstrous law to help Jonesboro developer Bruce Burrow get schoolkids’ help to build shopping centers.

Advertisement

Help to Keep Great Journalism Alive in Arkansas

Join the fight for truth and become a subscriber of the Arkansas Times. We've been battling powerful forces for 50 years through our tough, determined, and feisty journalism. With over 63,000 Facebook followers, 58,000 Twitter followers, 35,000 Arkansas blog followers, and 70,000 daily email blasts, our readers value great journalism. But we need your help to do even more. By subscribing and supporting our efforts, you'll not only have access to all of our articles, but you'll also be helping us hire more writers to expand our coverage. Together, we can continue to hold the powerful accountable and bring important stories to light. Subscribe now or donate for as little as $1 and be a part of the Arkansas Times community.

Previous article Re global warming Next article Snyder enrolls for a pension UPDATE