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It s a question of balance.
Every time a city considers providing incentives to lure a developer, its leaders must weigh the projectâs potential to generate revenue against the cost to taxpayers.
In the case of Mason Cityâs proposed public/private $24 million development agreement with Gatehouse Capital, City Administrator Aaron Burnett is adamant that without the agreement written just the way it is, there would be no deal with Gatehouse.
Burnett appears to be in the minority. Several other communities have either refused similar requests from the Dallas-based developer or have a standing policy against providing up front enticements to anyone â regardless the project.