While reading the Daily Journal question the abatements
http://www.thedailyjournal.com/article/20090708/NEWS01/907080344/-1/newsfront2/Tax-breaks-questioned-at-Union-Lake-plaza
Why should the abatment be cancelled for the whole shopping center when ONLY 2 stores are out of business.What happens if anouther business leaves? Will this issue come up again and again. Shopping Centers over the years change tenents. Does having an abatement force the shopping center to defend the abatementfor the other 90% or more that are STILL in business and STILL providing jobs?Surely there must be a good argument. The shopping center and the city should be able to defend itself with solid reasons since the MF will go after this forever.Is Porecca going to sue the city again? He diserves many awards for Chutzpah
Not to mention that the city collects $9003 more than if the 2 stores were fully taxed for 5 years. So lets give Millville a chance. Did we not have an election in May?
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