increase in school enrollments, increased school funding, and a total financial
impact of more than $9 million in a town of just 450 people. This "Ohio Plan"
was an example of a genuine partnership between public and private entities and
one that Table Grove believed would work in their community too. The Table
Grove Development Group expected to complete the legal requirements for
setting up the TIF district and begin breaking ground for their first new home in
the fall of 1998.
CONCLUSIONIn Table Grove, community development has meant residents must assume
responsibility for their community's future. At the same time, local leaders
realized that goals have only been achieved through the prudent use of outside
knowledge and resources, and by establishing effective partnerships among all
of the public sector and private sector entities who have a stake in the
community's future. The four key ingredients to Table Grove's success were:
|1. ||Reliance upon the experience and intuition of the residents of the
community to set a direction everyone can understand and a vision of the
future the residents can share.|
|2. ||Willingness on the part of local residents to assume some risk, take a
chance, and invest in the creation and activation of their community's plan
|3. ||Patience to establish the kind of learning environment necessary to keep
everyone informed and engaged in the development process.|
|4. ||Commitment to the long term. Table Grove did not suddenly become what
it was in 1993--it took years for the community to develop into what it was
at that time. Likewise, local leaders understood it may be years before they
have their grocery store, but their vision begins with creating a place where
more people will one day call Table Grove their home.|
DISCUSSION QUESTIONS FROM THE EDITORS
|1. ||Where does the TIF money come from? The homeowners of the new
houses built through TIF financing benefit from cheaper homes. Which
institutions "pay" the costs of the TIF financing?|
|2. ||If the residents of Table Grove's objective was to have their own grocery
store, would it make more sense to subsidize that grocery store (say, by
purchasing the building and offering it rent-free) than by subsidizing
medical care and housing? What are the advantages and disadvantages of
Table Grove's approach?|
Questia, a part of Gale, Cengage Learning. www.questia.com
Book title: Small Town and Rural Economic Development:A Case Studies Approach.
Contributors: Peter V. Schaeffer - Editor, Scott Loveridge - Editor.
Publisher: Praeger Publishers.
Place of publication: Westport, CT.
Publication year: 2000.
Page number: 205.
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