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City mortgages more of future for the benefit of politically connected developers.
You apparently don’t remember downtown before stadiums, convention center, hotels, restaurants, mall, and apartments. More like “leveraging the future”.
I remember. I’m also familiar with what the overindulgence of TIFs and abatements does to a city, especially one with a low density such as Indianapolis. I’m also aware that Indianapolis is much larger than it’s downtown area and a significant chunk of that area is seeing continued degradation – one could easily say is enhanced by the downtown TIF alone.