Ask The Mayor: Frankfort's Chris McBarnes On Vetting Abatements And Studying Water

Jun 15, 2017

The city gave a tax abatement to a couple wanting to start a maker space -- but they don't appear to have the cash necessary to buy equipment for it.
Credit City of Frankfort

This week on WBAA’s Ask The Mayor, we offer some helpful hints to budding entrepreneurs, including this one: If you want a city to give you a tax abatement, there are a few key words you can use to describe that investment you want to make.

Tell the city leaders you want to build a splash pad, a coworking space, a brewpub or a sports park and your chances increase significantly.

Then, of course, comes the hard part: delivering on the promise.

This week in our talk with Frankfort Mayor Chris McBarnes, we ask about a coworking space to which the city granted a tax abatement, but which doesn’t appear to have the necessary cash to get off the ground, despite three months of trying to raise it on a crowdfunding site.

And, speaking of redevelopment, we ask what the city needs from Frankfort Hospital, now that IU Health has taken over the facility.