The Beltline

Steve Perkins called my attention to the fact that Shirley Franklin is going to give a talk about the Beltline next week. I thought things had been put on hold, but apparently not.

The city wants to fund the Beltline using a tax allocation district instead of tax increases — basically, the increase in value and taxes generated would offset initial borrowing to build the Beltline.

The Beltline itself would go through downtown and midtown using an old rail line and right of way area. Some developers had wanted to develop it, but various city related interested sabotaged their plans if I remember right.

So, the question is, is the Beltline a good idea and, if the taxes don’t come in from the development, won’t the Atlanta taxpayers get screwed?

6 comments

  1. StevePerkins says:

    As hostile as I have been to commuter rail lines, I actually don’t have a problem with improving the transit situation in the heart of Atlanta. The biggest weakness of MARTA is that the stations are so far apart, it’s hard to really get around the city… the transit system is really only good for getting to your building or sporting event and staying there all day. Improving the density of service in the city’s transit system would make it easier for city dwellers to get by without owning cars, and make it more attractive for suburbanites to give up the freedom of their cars when riding into the city.

    My only concern is that spending money against presumptions of future property values is a dicey gamble. I remember reading articles last year about problems that the city of Portland, OR is having with a similar scheme.

  2. Bill Simon says:

    So, the question is, is the Beltline a good idea and, if the taxes don’t come in from the development, won’t the Atlanta taxpayers get screwed?

    Yes, but so what? Most of the “taxpayers” are nothing but a bunch of rich Republicans so why should Shirley Franklin care about them?

    Tell you what…if a time machine is ever invented, someone needs to go back and make it a permanent part of our US Constitution that in order to be given the right to vote, you have to be a property owner.

  3. Demonbeck says:

    I thought the Governor looks good after losing all that weight, but I don’t know if it’s going to bring in any new revenues for the state.

    Oh, you meant the other beltline.

  4. griftdrift says:

    ” make it a permanent part of our US Constitution that in order to be given the right to vote, you have to be a property owner. ”

    Yes! Yes! Bring back the fuedal system!

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