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of the project - and if the. project fails - pick-up the tab through increased real estate tax? - 8. Definitely not. The homeowner will pay through the nose when business leaves. 9. I think this plan is way out of line for New Brighton. ... There are so many shopping centers around. 10. Not unless the Council makes it easier for businesses to build and expand. 11. No more improvement than that which could have been attained if the City Council had allo:,red downtown businessmen to improve their properties (and this at no expense to taxpayers, no costly condem- nation and redevelopment). The "so-called" deterioration of the downtown businesses was allowed, condoned and encouraged by the city fathers. The "deterioration" was not the resu?t of the business owners unwillingness to improve... New Brighton has trouble attracting new businesses and it has trouble keeping businesses. I think there will be considerable difficulty in attracting the businesses necessary to make the proposed shopping center viable. The industry displaced by this project is a loss greater than any gain promised in the HRA Development flan. Construction of shopping centers does not constitute a positive business attitude. A city needs industry to prosper and grow and relieve some of the residential taxpayers burden. This project will, no doubt, increase the taxpayers burden. 12. I have no reason to expect added sales (enough to cover added expenses) as a result of this plan. Business in P+ew Brighton is not fairing as badly as one might think. I believe the present businesses can handle the expense of a face lift. 13. No - because there is no incentive or timetable under the present T.I.F. law to encourage completion of any one of the phases of the HRA plan. Projects could be kept off the tax rolls indefinately. 14. Not necessarily, the cost of new buildings is so high that financing the whole relocation and development may outweigh advantages for 30 years. I hear old and new shopping centers are pricing themselves too high for tenants. 15. No - because of the neighborhood aspect of the area, the access in and out is too poor, the bigger shopping centers are very close to N.B. and easy to get to. 16. Too many of us business people are going to be hurt. 17. The redevelopment should be allowed to take place through private industry only.when economically feasible w/o Uncle Sam. 18. -There is no guarantee there will be new development. We believe private investors in time will remedy the situation. - 10 -