One of the Commissioners who didn't like his plan said the following (from this article):
Commissioner Dan Haggerty: "I'm disappointed. I think it was determined early on that Mr. Scherr has done his homework and convinced these people. It's frustrating, (the hotel) is going to assess a lot of taxes and the taxpayers are not going to get it."
Oh the humanity! A businessman does his "homework" comes up with a workable deal to take a property that isn't producing many taxes and start making money with it and he asks the city and county to let him keep part of the taxes from it for X number of years. After those years are over they city and county both get their cuts again and for the entire time we don't have a big old abandoned hotel in the middle of downtown (both an eyesore and a safety hazard).
Regardless of how someone feels about the overall deal or the specifics of it, if doing your "homework" and convincing people that you have a reasonable idea is bad, then I really have to wonder about the people running the government.