charter amendment

No one really knows what the SDS charter amendment will do to Mueller. (via Austin Contrarian)

Today's Statesman has more on the SDS charter amendment's potential impact on Mueller.

 The charges, counter-charges, and rebuttal arguments are bewildering.

Today's Statesman has more on the SDS charter amendment's potential impact on Mueller.

 The charges, counter-charges, and rebuttal arguments are bewildering.

The Mueller financial incentives threatened by the SDS charter amendment, courtesy of city legal staff. (via Austin Contrarian)

See this summary (pdf) by city legal staff.

The memorandum identifies several Mueller financial incentives threatened by the proposed charter amendment:  

• Project costs (including infrastructure) partially funded by City sales tax revenue collected from project retail development; 
• Sales tax committed to repay long term bonds ($12 million to date);

Might Mueller be a victim? (via Austin Contrarian)

I pointed out in my first post that the Stop Domain Subsidies charter amendment would extend the ban on city subsidies to infrastructure improvements and that, although the charter amendment language includes an exemption for certain infrastructure improvements, "the definition of the latter will leave room for lots of disagreement."

News bit:  Betty Dunkerley has formed a PAC called "Keep Austin's Word" to stop the Stop Domain Subsidies charter amendment.

 

Stop Domain Subsidies' proposed Charter amendment to ban retail subsidies is fraught with unintended consequences.

One other point on the proposed Charter amendment to ban "financial incentives" for retail developments.   

The proposed amendment language includes this exception to the definition of "Financial Incentives":  

(ii) a grant or loan to a small business, whose principal office is in Austin, Texas, pursuant to a generally applicable local small business loan or grant program[.]