engineered hardwood flooring - West Palm Beach, FL

West Palm Beach Mayor Vetoes Massive Subsidy to Private Developer

A lot of press has been put out on the issues surrounding the Transit Village development. One thing did happen recently that will have a direct effect on the project, and that ?thing? is the veto the Mayor signed that would have given millions in future tax revenues subsidies to a private developer. The first part of this story read like this:

?West Palm Beach Mayor Jeri Muoio vetoed a vote by city commissioners -- the first time she has done so -- that would have given $114 million in future tax revenue to a private developer. By a 3-2 vote, the commissioners, acting as the Community Redevelopment Agency board, approved the subsidy for the $300 million downtown Transit Village Monday.?


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