The developer, Scott Yauck, is guaranteed a profit between 14 and 17% of the project, and more when he flips it to investors after completion.
Village officials tout the tax benefits to the taxpayers when in reality there is no benefit outside the development area for 18 - 27 years. The increased costs for village services (DPW, fire, police, sewer, schools) will be borne by the taxpayers until the TIF is repaid.
We have paid for the yard signs that are provided at no charge to our community members who request them from www.nobaysideskyscraper.
We thank those who have contributed towards our costs and are simply asking for small donations between $ 5.00 and $ 50.00 to help defray the difference.
Once the costs are covered this GoFundMe will be discontinued unless we move forward with legal action.
The Bayside residents are overwhelmingly against this project and we thank you for stepping up.