Sunday, February 05, 2023

PF URA: Rescind bad fiscal decision

| April 28, 2010 10:00 PM

I was appalled to read in "My Turn" on 4/24 that the Post Falls Urban Renewal Agency had voted to give $2 million to the developers of the Post Falls Landing development instead of returning the money to the tax agencies. I have always taken great pride in the fact that my city has honest city leaders and a very fine reputation for fiscal management.

Now we have a sudden departure from this norm. Having been a member of the Post Falls URA in its early days, I can tell you that we took special care to do the right thing with the funds that were entrusted to us.

Giving $2 million to a developer who with an extremely poor record, and doing so without any promise of what they will do return, is NOT the right thing to do.

I most strongly urge the members of the Post Falls Urban Renewal Agency to promptly rescind their decision.


Post Falls

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