Friday, May 26, 2006
Part I - Crystal Lake Seeks Developers for Vulcan Lakes TIF
Crystal Lake has issued a Request for Qualifications for developers who would be willing to take on the Vulcan Lakes Tax Increment Financing project, promising a $20 million subsidy for public improvements from the Tax Increment Financing district which will force taxes up throughtout the area.
A Request for Qualifications is quite different from a Request for Proposal. Basically, the city is looking for a partner it can work with. With an RFP, you see a lot more of what you are going to get.
With so much discretion and money involved, I surely hope that the city passes an ordiance which prohibits campaign contributions to local politicians from anyone or company related to the project.
The first page looks like a stock "poop" page that would be sent to anyone inquiring about the area, but the cover of the request certainly doesn't look like Vulcan Lakes to me, but I haven't been at lake level. I'm somewhat color blind, but those look like Northern Lights in the sky.
This looks like a standard "poop" sheet sent to folks considering locating in Crystal Lake. (Click to enlarge any image in this seven-part series.)
A Request for Qualifications is quite different from a Request for Proposal. Basically, the city is looking for a partner it can work with. With an RFP, you see a lot more of what you are going to get. With so much discretion and money involved, I surely hope that the city passes an ordiance which prohibits campaign contributions to local politicians from anyone or company related to the project.
The first page looks like a stock "poop" page that would be sent to anyone inquiring about the area, but the cover of the request certainly doesn't look like Vulcan Lakes to me, but I haven't been at lake level. I'm somewhat color blind, but those look like Northern Lights in the sky.
This looks like a standard "poop" sheet sent to folks considering locating in Crystal Lake. (Click to enlarge any image in this seven-part series.)
