SHOCK!!! KANSAS CITY CORPORATE WELFARE FOR LOCKTON TOO!!!
Earlier this year we covered a big press party for Lockton announcing that they were staying on The Plaza.
Turns out Kansas City was pretty much paying for the celebration . . . Check this from The KC Biz Journal . . .
Lockton’s Plaza lease extension gets Kansas City aid after all
"Lockton Cos. will get city-level public assistance to remain on the Country Club Plaza after all. An ordinance scheduled to go before the Kansas City Planning, Zoning & Economic Development Committee on Wednesday calls for the city to issue $13 million in Chapter 100 bonds to support the insurance brokerage’s decision to extend its lease on the Plaza."
The sad reality is that the biz poaching war is getting exceptionally tragic when this town has to offer incentives to keep companies on the Plaza. On the bright side, if local government is so desperate to keep people within the city limits . . . It's just a matter of time until they start cutting checks to residents. Or not.