TKC BREAKING AND EXCLUSIVE NEWS!!! KANSAS CITY NORTHLAND CHAMBER OF COMMERCE THREATENS TO WITHHOLD SUPPORT FROM CITY HALL $800 MILLION BOND ISSUE!!! HEAVIES DEMAND FINANCIAL RESTRUCTURING & INFRASTRUCTURE FOCUS ON BIG CONSTRUCTION PROJECTS!!!
Last night at a cozy but still EPIC meeting regarding the upcoming bond issue . . . Northland power brokers flexed their muscle to an attentive audience that included a members of Council.
To wit . . .
INSIDERS FROM THE NORTHLAND CHAMBER OF COMMERCE ALONG WITH THE HEAVIES ARE DEMANDING MORE DEETS AND MAJOR CHANGES TO THE $800 MILLION BOND ISSUE CURRENTLY UNDER CONSIDERATION BY MAYOR AND CITY COUNCIL!!!
Check the highlights according to KICK-ASS INSIDERS who want our blog community to know all the important behind the scenes deets of this negotiation . . .
- The Northland Chamber shocked the gathering and City Council by hinting that they couldn't support the bond issue in its current form and without a promise of MAJOR work on roads and bridges on the nice side of the bridge.
- Reps close the Heavies are pushing for a detailed list of BIGGER projects slated to start as soon as possible.
- Biggest revelation . . . Northland power players want the bond issue timeline CUT IN HALF with a 10-year plan rather than 20. Meanwhile, City Hall Insiders fear that Kansas City's credit simply isn't good enough to demand those kind of terms and that could push the price of the bond issue even higher.
Translation . . .
NORTHLAND ECONOMIC LEADERS ARE FIRST IN LINE TO GET PAID FROM THE BOND ISSUE AND DON'T WANT IT TURNING INTO A SLUSH FUND FOR LESSER INFRASTRUCTURE WORK!!!
Accordingly . . .
SIDEWALKS ARE A LOW PRIORITY AND DON'T PAY THE HEAVIES AND NORTHLAND POWER PLAYERS ENOUGH TO GARNER SUPPORT!!!
Bike KC and advocates of ADA sidewalk issues are being put on the back-burner . . . In terms of compliance with both EPA & ADA mandates, KCMO leaders are betting that the next Administration isn't going to be so adamant about enforcing compliance.
Moreover . . .
The Northland doesn't have the same kind of combined sewers with overflow problems as the urban core . . . So directing this cash toward constant water problems is probably going to have to wait.
Final tidbit . . .
There's also the threat of TWO major bond issues instead of just one given so much need for Kansas City's old and busted infrastructure.
But for now, what we know for certain is that the Northland is pushing back on the overtly political and piecemeal designs of Mayor Sly James and City Manager Troy Schulte for this bond issue cash. While their concerns obviously come out of self-interest, they're also adamant about holding City Hall accountable for spending this cash on infrastructure work rather than merely supporting yet another 12th & Oak slush fund.
Developing . . .