It’s sad to see parts of our local history and heritage like Fischer’s Restaurant closing their doors. Over time, the tastes of families eating out have changed; their tastes for fast food creates competition for places like Fischer’s. Competition, if it’s fair, is just a part of doing business.
However, when a business like Fischer’s pays their property taxes and then the city converts those tax dollars to pay TIF incentives for the opening of a new fast food establishment to be in competition with Fischer’s, that is wrong!
A Fischer’s spokesperson commented in the paper that the opening of fast food restaurants at the Frank Scott Parkway Development diverted customers away from them. Since that development benefited from TIF incentives, I wonder if Fischer’s had received $141,191 a year in TIF District 3 money like Auffenberg Ford in Belleville received from 1999-2015 ($2.26 million total), or the $150,000 ($3 million total) Lindenwood is receiving each year from Belleville’s TIF District 3 money, would Fischer’s have been able to remain open?
Larry Price, Belleville