Mahoning Valley Forum

Youngstown & The Mahoning Valley => Downtown Youngstown [Subforums] => Topic started by: jay on March 21, 2012, 08:31:47 PM

Title: Another Break For V&M
Post by: jay on March 21, 2012, 08:31:47 PM
Council voted to waive all related permit fees and water/wastewater fees for building and site improvements made by V&M Star at 2749 Salt Springs Road.
Title: Re: Another Break For V&M
Post by: iwasthere on March 21, 2012, 09:46:09 PM
the city leaders wonders why we are always scrapping the bottom of the barrel for cash to run this city. vm is recieving these freebies why do not they pay for couple of police officiers, and teachers in ytown and girard. vm wants an educated workforce they need to come up to the plate.
Title: Re: Another Break For V&M
Post by: Rick Rowlands on March 21, 2012, 10:15:33 PM
Why?  They don't need the help.  But if I wanted to build something they would not waive my fees, and I do not have the bottomless pockets that V&M has.  Waive permit fees, grant tax abatements, do anything but actually bring in money to run the city.
Title: Re: Another Break For V&M
Post by: northside lurker on March 22, 2012, 07:49:08 AM
It's a lose lose situation for the city. (and any political entity, really)  If they don't waive the fees--which are probably relatively large considering the size of the project--they are being unfriendly to business, and not doing enough to attract jobs.
Title: Re: Another Break For V&M
Post by: iwasthere on March 22, 2012, 12:03:30 PM
vm is in this area due to the fracking boom in the northeastern ohio. if the city leaders had a spine they would tell vm what the city wants from them in lure of tax brks instead of it being in favor of vm.
Title: Re: Another Break For V&M
Post by: kenneyjoe330 on March 25, 2012, 02:59:05 PM
Yea - the way to go would be AFTER V&M puts LOTS of MONEY into the area (stuff that can't be moved and adds value to the area) THEN the city should do like "companies" do when they have made contracts with the unions - tell V&M we need some concessions and ask for some much needed monies for our schools  ;D or "whatever" monies needed by the city  :laugh: .  Does anyone see anything wrong with that ?   How many companies have we given tax breaks to and the company failed or never really did what it was suppose to do for the tax break they asked for?  These are difficult times and money is tight and V&M is making a handsome profit why not ask ?   Do you think they get a tax break from the FEDS Taxes for the taxes they pay us?