Chattanooga批准了1 500美元的公共资金,用于商场下水道的升级改造,尽管存在股权问题和低销售税收入。
Chattanooga approved $15M public funding for mall sewer upgrades, despite equity concerns and low sales tax revenue.
查塔诺加市议会批准了一项税收增加融资计划,为北盖特购物中心的下水道和水升级提供1 500万美元的资金,尽管对一个私人项目的股权和公共资金存在担忧。
Chattanooga City Council approved a Tax Increment Financing plan to fund $15 million in sewer and water upgrades at Northgate Mall, despite concerns over equity and public funding for a private project.
商场运营商CBL Property说,必须更换老化的基础设施(有些是1960年代的),以便能够实现未来的发展,尽管自2015年以来销售税收入下降了50%。
The mall’s operator, CBL Properties, says the aging infrastructure, some from the 1960s, must be replaced to enable future development, though sales tax revenue has dropped 50% since 2015.
虽然CBL拥有2.88亿美元现金, 但批评者质疑使用公共资金,
While CBL holds $288 million in cash, critics question using public funds, especially as new businesses open.
该项目可以在没有汉密尔顿州150万美元份额的情况下进行,计划现在将转移到申请审查委员会,预计12月将进行最后表决。
The project may proceed without Hamilton County’s $1.5 million share, and the plan now moves to the Application Review Committee, with a final vote expected by December.