I watched Jared Smart mumble about how developers needed more money from the taxpayers for arterial streets because they have had ‘Skin in the Game’ (FF 51:00) (he was referring to the platting fees developers have been paying since the 2nd penny tax got raised to a full penny.)
Wanna know how much SKIN developers have put in the game compared to taxpayers (financial report August 2011) (screenshot)
He was crying because there was a 81% cut in arterial street construction. But, Jared failed to mention that their ‘Skin in the game’ is barely 10%. We were told that the developers would match the city funding when that 2nd penny was passed. Sorry but $200,000 towards $2 million isn’t MATCHING funds. I think a 4 year old kid could do the math. I wonder what kind of audacity a person has to have to come before the city council and ask for money when they have contributed virtually nothing. This makes me furious, because I was there the night the council and mayor Munson made us sit for two hours before we could give our testimony, and I had to endure Craig Lloyd’s bathroom jokes about Joe Six-Pack’s contribution. I knew this would end this way, but I never imagined that a developer would have the nerve to show up and ask for MORE money when they have given virtually nothing. Jared, you should be ashamed of yourself.