This money will come out of the Community Development funds. (Item #6, Sub-Item 28):
Agreement for a redevelopment project located within the All Saints Neighborhood and the Sherman Historical District, tRE ministries, $500K (interest free loan).
I received a Community Development loan about 20 years ago for needed upgrades to my house, my loan was about $4,500 with a 2% interest rate. I guess I am wondering why we would take this much for ONE project when we could rehabilitate 40-50 houses with this money instead? There is also the questionable relationship with the developer who is worth millions from video lottery, liquor and Med MJ (unless he has already handed over ownership). Why isn’t he just loaning them the money? I also don’t think tax dollars should go to non-profits (religious organizations) since they pay very little taxes and the fact they have a Daddy Warbucks taking care of them (who ironically makes money from sin taxation). I actually support this project to clean up that part of town but like any development with private parties, they need to pony up the money, but NOT in Sioux Falls, GRIFT, GRIFT, GRIFT. I thought at least ONE councilor would vote against this, but who am I kidding. The mayor wants to turn the entire town into a mega-church. Ick.
MAYOR FIRST AMENDMENT DENIER, INTERRUPTS A CITIZEN, AGAIN
Poops was at it again tonight, ignoring his Constitutional duties and denying a commenter his input. (FF: 1:44:00) Jordan Deffenbaugh came up tonight to talk about how housing would be affected by the Riverline District and the mayor cut him off saying this was already discussed. Oh, Paul, we have been over this, you can’t control the narrative at the podium that is a violation of their 1st Amendment rights but you seem to be above that. I wonder what it is like to take an oath on the Bible, surrounded by friends, family and colleagues and once installed ignore all those constitutional ‘thingies’. Paul, it may not be me, but the city and specifically you as the chair will be sued and it isn’t going to be pretty. Maybe they will let you on one of those East Coast TV morning shows where you can talk about your lack of knowledge when it comes to the Constitution and the lawsuit should be dismissed because of your stupidity. Stranger things have happened.