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re: BLOG: Fixed Costs on Tram Contracts and More Funding for Af
Could you please clarify your statement:
"...the private sector partners have guaranteed the tax-increment finance dollars needed to pay for these investments."
Does this mean that the LID that is already in place is going to increase?
Does this mean the future residents of South Waterfront are solely going to pay for the remaining tram funding?
From what I understood, the residents of South Waterfront will be paying for 14% of the tram through the LID. Has that percentage now increased?