Minneapolis City Council gives initial approval to streetcar line funding

  • Article by: Eric Roper , Star Tribune
  • Updated: June 18, 2013 - 8:40 PM

Plan would direct up to $60 million in property taxes to the project.

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orangeveningJun. 18, 13 8:50 PM

Looking forward to this, the Nicollet/central makes a lot sense for a line and glad they are atleast starting movement on it instead of detangling the whole Kmart mess.

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trice01Jun. 18, 13 9:37 PM

Remember this the next time Minneapolis whines that they're getting short changed on local government aid money. Sounds like they've got plenty of cash to blow.

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klondikekidJun. 18, 1310:56 PM

This is beyond outragious on so many fronts. The rational that will be provided is that the costs will be covered by the taxes paid on the 1,200 apartments....effectively suggesting that the other property tax payers in the city won't be on the hook. Is this what cities like Minneapolis have become? Since when did it become desireable to redirect property taxes in this manner? This is not a TIF project as this would not meet any reasonable criteria. Clamouring for LGA dollars and constantly bemoaning "cuts" does not work when you see stories like this. Those apartment dwellers are still going to require normal city services; where is it suggested the costs for that come from? To make matters worse, the City of Minneapolis is so confident that they will get somewhere in the $150 million range from OTHER TAXPAYERS that they are pushing ahead on this? For what? Like I said, this is outragious and I hope every DFL house/senate member in the state is looking very closely at this. All of this for 3 miles of over-kill? Outragious.

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DufferHJun. 18, 1311:04 PM

On what planet are these city officials living? When are they going to get some sense of their fiscal responsibilities?

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orangeveningJun. 18, 1311:08 PM

Looking forward to this, the Nicollet/central makes a lot sense for a line and glad they are atleast starting movement on it instead of detangling the whole Kmart mess.

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jamgraJun. 18, 1311:45 PM

Love this. Cue the negative Nancy's yelling randomly about potholes, buses, and kids on their front lawn. I pay a ton of money in property taxes each year ($10,000 last year), and I'm glad that for once Minneapolis is investing in a nice amenity that I will actually get to use and benefit from, and -gasp- might actually make Minneapolis a more attractive place to live. Onward!

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bizsmithJun. 19, 13 6:16 AM

The twin cities once had the most extensive street car system in the US stretching from Stillwater to Excelsior. Imagine if this still existed.

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jbpaperJun. 19, 13 7:44 AM

How do they plan on funding the projects that this $60 million is being directed away from? I see a property tax increase in our future. Then all the city can do no wrong posters will be on here blaming the increase on cuts to LGA.

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ole12367Jun. 19, 13 9:01 AM

$1085.00 per inch just to build it. This is a total waste of money. I don't live in Minneapolis, but if state and federal funding are utilized, I will still be paying for it. Any stats on projected fares, operating costs, or anticipated use? No. Just build it and let working people subsidize it for years.

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gailycJun. 19, 13 9:58 AM

While it is a quaint idea, shouldn't the money be better used elsewhere? I'm sure there's a list as long as my leg of more worthwhile projects. If I want to ride a cable car, I'll go to San Francisco

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