Tuesday, December 11, 2007
News Full TAD ahead!
Posted by Scott Henry @ScottTheHenry on Tue, Dec 11, 2007 at 10:25 PM
The DeKalb County Commission today approved the creation of a tax allocation district around the intersection of Briarcliff and North Druid Hills roads. It wasn't even a squeaker, but a solid 5-2 majority, with the "nay" votes coming from Commissioners Burrell Ellis and Elaine Boyer, the board's reliable naysayer.
To many, the action comes across as an endorsement of the Sembler Co.'s $2 billion proposal to redevelop the southwest quadrant of the intersection. But Commissioner Jeff Rader had earlier told CL that the adoption of a TAD as a funding mechanism for local infrastructure improvements doesn't mean Sembler is in like Flynn.
The real question now is what the TAD-phobic DeKalb School Board will do. If it doesn't approve the TAD, it would mean far less money to fix the snarled traffic situation in that area.
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