BASD board president Michael Faccinetto writes a letter: "I do not think the BASD Board would agree to extending the TIF. We have structured out Nitschmann MS borrowing around the return to full tax revenues in 2020-21. We are forgoing somewhere in the neighborhood of $5 million
each year to the Redevelopment Authority. A large portion of that is needed to fund the debt service associated with NMS going forward. While this option would save city residents from big parking increases, it would cost BASD taxpayers significantly more to make up the loss in anticipated revenue..."