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By A Smith (anonymous) | Posted April 14, 2009 at 21:16:54
Ryan >> LRT is not exclusively or even mostly about moving people across the city per se. It's primarily an engine of economic development
For those who love to cite Portland as a reason for embracing LRT, perhaps Hamilton should also follow their lead on property taxes.
"Welcome to the wacky world of Oregon's tax system.
Voter-approved property tax limitations in 1996 and 1997 set a 3 percent cap on annual increases in assessed property value, which are used to determine a homeowner's property tax bill. But real market values have risen much faster since then."
Here is the full article... tinyurl.com/d9rjls
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