Sources within the City - County Building indicate that the News-Sentinel and it's parent company E.W. Scripps have not filed the necessary paperwork in order to maintain it's PILOT. No the Sentinel does not have a quick stop fueling center on their property, where they can get a Free Sentinel on Friday's. Their PILOT is a Payment In Lieu Of Taxes. It is corporate welfare in it's grandest scheme.
Without the timely necessary paperwork being filed. Brian's Blog sources in the City - County Building indicate that the News-Sentinel could be subject to paying millions of dollars back into the coffers of Knoxville and Knox County.
Without the timely necessary paperwork being filed. Brian's Blog sources in the City - County Building indicate that the News-Sentinel could be subject to paying millions of dollars back into the coffers of Knoxville and Knox County.
4 comments:
Was Northshore Towne Centre a PILOT or a TIF? Do you know if they met their deadlines? How can I found out?
Pamela Treacy
Northshore Towne Centre was a TIF. I believe.
"Northshore Towne Centre was a TIF"
That is correct.
So does a TIF have requirements that must be met by the developer in order to get the TIF? It looks like one big hole.
Pamela
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