Sunday, 29 September 2024

Scholz: Facts on the airport shopping center

I am getting very tired of people saying that the city of Clearlake is giving $7 million to Lowe’s to entice them to locate here. This is not true.


What the city wants to do is to prepare the airport site so it will be attractive to businesses that might want to locate here. The city wants to make an investment in the city and the investment will be repaid in developer impact fees.


I repeat: The money will be paid back to the redevelopment agency. The city is not subsidizing anyone.


And as the airport shopping center grows, the city will benefit with jobs, property taxes, sales taxes and local stores for people to shop at.


It looks like a good investment to me.


Jim Scholz is chairman of the Redevelopment Advisory Committee for the city of Clearlake, Calif.

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