Will there be a bond?
And hundreds sign up to speak on Dog's Head.
Correction: I have updated yesterday's article about the Dog's Head TIRZ to reflect the fact that it is the developer, not the city, that will make the upfront investment in infrastructure. The city will then authorize bonds to reimburse the developer if it believes the new tax revenue to service the debt.
640 speakers registered tomorrow ... and counting
That's the total number I heard are registered for tomorrow's meeting. You can bet the vast majority are signed up for the Dog's Head item.
As I mentioned yesterday, the response from City Council to the proposed development anchored by an Amazon manufacturing plant has ranged from enthusiasm to technocratic skepticism, but there has not been one ounce of anti-Big Tech populism. You can bet the same will not be true of the hundreds showing up tomorrow to comment.
Austin United, a PAC linked to Save Our Springs, sent out a text alert inaccurately describing the TIRZ as a "$2.2 billion tax giveaway to Jeff Bezos and Amazon."
The message similarly raised the prospect of future data centers on the property. Endeavor has said none are planned but has not ruled them out.
