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In an emailed statement, Apartment Association President Lynne Petersen said the fee would “only exacerbate the problem” of reduced occupancy rates in commercial and residential buildings by increasing costs.
Um, Lynne…haven’t we read in IBJ multiple times in the relatively recent past that apartment vacancy rates are extremely low, less than 10%, and demand continues to be strong, with no signs of slowing…??? Exacerbate exactly what problem, Lynne?
There’s a reason the rather-reasonable governor of the state of Indiana is among those who pushed for this solution.
The whining about lack of control and “unlimited tax” is rather special considering it’s a board that’s half Republican appointees, and a majority of the board has to be downtown property owners (presumably people who live in the district).
Has anyone ever asked….ever, for an accounting of all monies received by the city of Indianapolis for covid? I presume we got them. I know schools got money…who is asking …demanding an accounting of all that? Isn’t anyone interested? Am i mistaken about the city getting covid monies directly? Lord knows the distinction without a difference wasn’t interested…but then again he didn’t even understand that he was spotting his opponent a 22.5% lead coming out of the gates….
Yes, the U.S. Treasury Dept. it’s all public information. https://home.treasury.gov/system/files/136/CityOfIndianapolisandMarionCounty_2022RecoveryPlan_SLT-1504.pdf
Sometimes it’s best to finish that cup of coffee before hitting “Post Comment” so you can maybe look back at what you typed and edit it down to a discernible post.
Here’s a perspective – due to the state of Indiana not funding infrastructure needs for Indianapolis at anywhere close to an appropriate level, the city has to take money from it’s budget to try (and fail) to fill the gap.
Maybe if the state would properly fund infrastructure, the city of Indianapolis wouldn’t have to implement yet a new tax.
Joe B +1
If the Hogsett administration is not going to their part on public safety, then all this will be another is a money grab by bureaucrats!
IMPD is the most funded it has ever been…. what else do they need to be successful?
It seems to me that solutions for public safety, cleanliness and homelessness in the Mile Square benefits everyone in the City – not just those that own property downtown. As such, these additional costs should, in my opinion, be shared by everyone who owns property in the City.