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

Arkansas Times: Your voice in the fight

Are you tired of watered-down news and biased reporting? The Arkansas Times has been fighting for truth and justice for 50 years. As an alternative newspaper in Little Rock, we are tough, determined, and unafraid to take on powerful forces. With over 63,000 Facebook followers, 58,000 Twitter followers, 35,000 Arkansas blog followers, and 70,000 daily email blasts, we are making a difference. But we can't do it without you. Join the 3,400 paid subscribers who support our great journalism and help us hire more writers. Sign up for a subscription today or make a donation of as little as $1 and help keep the Arkansas Times feisty for years to come.

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