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Ashburn Business

Monday, June 25, 2012

Final Stretch on Loudoun’s Metro Vote

As critical deadline nears, opposition pushes against the project; some proposed tax districts are set aside.

With about a week to decide whether to participate in the Dulles Corridor Metrorail Project, the Loudoun Board of Supervisors has set one final work session for 5 p.m. Friday, June 29, at the County Government Center in Leesburg to discuss potential ways to pay for it. And late last week, the opposition to the project continued to distribute fliers that say homeowners and businesses “will get buried in debt and taxes.” The Loudoun County Chamber of Commerce has offered support for the project as well as new taxes on businesses to pay for it, with a sunset provision. The fliers left on cars last week join an array of flies left in eastern Loudoun communities in recent weeks. An unidentified group left fliers on cars at a church in Sterling …

joe brewer

8:00 am on Tuesday, July 3, 2012

[Editor’s note: As currently proposed, Leesburg residents and businesses would not be part of the Metro tax districts. Although, if the proposed districts do not draw the expected revenue, or costs rise, the county could consider another revenue source, including general tax dollars.]   more ›

Thursday, May 24, 2012

Loudoun Metro: Financing Options Discussed

As decision looms on Silver Line participation, supervisors wade through details, analysis.

As the Loudoun Board of Supervisors begins a series of outreach meetings about the Dulles Corridor Metrorail Project, much of the long-awaited information about parking needs and possible project financing methods has been presented to the board and negotiations may truly begin. Possibly the key discussion residents and supervisors had been waiting for centers on how the county would pay for such a project. Staff members described two tools that could be used in a range of scenarios to pay for the project. The primary new sources of revenue under consideration include a countywide commercial and industrial, or C&I, tax along with a service district tax for properties within one or two miles of the rail stations. Variations were also shown …

Bob Bruhns

10:18 pm on Tuesday, June 5, 2012

The June 1, 2012 Washington Business Journal article "Reston Town Center 'point of pride' for developer as it celebrates 22 years" also cites the same document for occupancy figures. So we hear certain numbers over and over, but they appear to be coming from an echo chamber. Again I wonder... 82% occupancy = struggle for tenants, but 86% means we need to run out and build more buildings? …   more ›

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