NLR TIF settlement: OBJECTION! | Arkansas Blog

Friday, May 28, 2010

NLR TIF settlement: OBJECTION!

Posted By on Fri, May 28, 2010 at 11:29 AM

I wrote this week about the political  coercion North Little Rock Mayor Pat Hays is using, in concert with his legal tool Jason Carter, to force the North Little Rock School District to settle its lawsuit over the gerrymandered tax increment finance district Hays rammed through a compliant City Council in the final minutes of 2008.

Statutory procedure was ignored in Hays' haste to steal school property tax millage from the $25-30 million Enclave apartment complex, just about to go on the tax books to the school district's benefit. He wants to pilfer the money to build a downtown parking deck.

Now I've learned that -- even if Hays compels the School Dsitrict to settle by promising various sorts of financial retribution -- the suit won't be settled.

Greg Hopkins, attorney for people who've filed a paralllel complaint and intervention in the school district lawsuit, says he was not consulted by City Attorney Carter about the settlement and  his clients won't settle. They are attorney Sam Hilburn, business magnate Frank Fletcher, Thomas Roy III, who's financial officer for Fletcher companies, and FF Hotel Inc., which owns the downtown Wyndham Hotel.

"It's bad public policy and we will not settle," Hopkins said. "My instructions are to continue to oppose the TIF district and get it dissolved."

Sounds like the game is going to be on in Judge Chris Piazza's court, political pressure or no political pressure.

It is Hopkins' opinion that the city can't start over with a properly drawn downtown TIF district (as opposed to the Hays-Carter gerrymander that strung together non-contiguious property by city street connections) and still capture the taxes on the increase in property value on the Enclave when it was reassessed after completion. He also believes there are constitutional questions about the city's offer to give the school district an equity interest in the parking deck.

From the ArkTimes store

Favorite

Comments (2)

Showing 1-2 of 2

Add a comment

 
Subscribe to this thread:
Showing 1-2 of 2

Add a comment

More by Max Brantley

  • Tax-cut deficits OK. Help for Puerto Rico? Not for French HIll and them

    Vox points out the towering hypocrisy in the vote by 69 Republican members of the U.S. House, including Rep. French Hill of Little Rock, against a disaster aid package for Puerto Rico and other parts of the U.S.
    • Oct 17, 2017
  • Governor to talk about health care, highway funding

    Gov. Asa Hutchinson will entertain media questions at a 9:30 a.m. session today that is said to cover health care and highway funding. Questions need to be asked about impact on people, not just the state budget, from recent insurance premium increeases and Donald Trump's cut of federal subsidies.
    • Oct 17, 2017
  • State tallies 323 applications to grow or sell medical marijuana

    The state Department of Finance and Administration Department released this evening a tally of total applications to either cultivate (95) or dispense (228) marijuana under the new medical marijuana law.
    • Oct 16, 2017
  • More »

Readers also liked…

  • More on how highways were used to wipe out "blight" of non-white neighborhoods

    Vox, a news website that concerns itself with energy and other issues, has a fine piece, including before and after images, on the history of the U.S. interstate system and why roads were built through the middle of cities (unless people of influence stopped them — see Manhattan, San Francisco and Washington, D.C.)
    • Mar 22, 2016
  • Antwan Phillips wants to make a difference in reducing Little Rock violence

    KARK/Fox 16's push to do something about Little Rock violence includes a spotlight on people trying to make a difference — in this episode Antwan Phillips, a lawyer at Wright, Lindsey and Jennings.
    • Aug 30, 2017
  • IHOP coming down, but .....

    I always scan the Little Rock City Board for items of interest this week and this one caught my eye: A zoning measure required by a proposal to tear down the IHOP at Markham and University.
    • Apr 30, 2016

Most Shared

Most Viewed

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation