City Manager Jim Landon is proposing a refurbished $6.8 million plan that would use general fund dollars to build a new city hall without raising taxes, even though $5.8 million of that–a repayment from the Town Center taxing district–could be used to lower property taxes or build other capital projects with broader public uses. Residents had roundly rejected a similar plan in 2010 and 2011, when the building would have cost $10 million.
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Its Value $26 Million in the Hole, Bunnell Rethinks Downtown Redevelopment Zone
Bunnell established its 800-acre downtown redevelopment zone in 2007, assuming that most tax revenue generated there could then be reinvested in the area to reinvigorate it. Instead, property values fell $26 million in the zone, forcing the city to rethink the CRA’s viability.
Gus Ajram, Embattled Bulldog Drive Business Owner, Collapses in Outburst Before Council
Ajram and City Manager Jim Landon have battled over Ajram’s property on Bulldog Drive for several years, in what became a personal showdown. Rather than acquire the property, the city is now diverting Bulldog Drive, at a cost significantly greater than the difference it was unwilling to pay Ajram in negotiations.