SHAME!!! KANSAS CITY MAYOR SLY & MOST OF THE COUNCIL GAVE AWAY MILLIONS TO CORDISH THREE LIGHT IN RETURN FOR $1300-A-MONTH 'AFFORDABLE' HOUSING!!!
In one of the most shameful and one-sided deals in the history of Kansas City real estate since the Native Americans roamed The Great Plains . . . City Hall handed over millions of taxpayer dollars to subsidize even more luxury housing in an already glutted downtown market.
Sadly, most of the reporting on this topic is nothing more than spin intended to mislead voters.
And so we'll offer just a few highlights and quotes from insiders in order for our blog community to better understand the conversation.
Kansas City Council voted to build a $17.5 million underground garage for the developer of a luxury downtown apartment high rise.
"Cordish essentially said, give us $80 million and we'll build you 100 affordable units," said 5th District Council Lady Alissia Canady.
What does the term affordable mean? to Cordish?? It's nowhere in any of the legislation that has been published and made available to the public so far.
Here's a bit of insight from a witness to these tragic proceedings and the dirty handshake deal committed by Mayor Sly & most of the Council as witnessed by a few protesters.
Cordish has already said that a 600 square foot unit which rents for $1,320 a month is "affordable"
Fun fact, during the conversation, in order to determine affordability, Council Lady Katy Shields kept trying to nail down the local income numbers and NOBODY knew . . .
According to the 2016 U.S. Census . . . The KCMO median household income (in 2016 dollars) is $47,489.
Again, a local insider reminds us: "220,000 people live in rental housing in Kansas City . . . Sly says "there are 6,000 affordable units in the downtown loop."
And sadly, the progress downtown is hard to come by given that the area near the loop is still treated like a disaster zone:
Cordish is also seeking a 100 percent tax abatement for 25 years on Three Light because it is located in an area declared blighted.
Sadly, this atrocity against City Hall coffers was treated like a compromise by MSM.
Perspective from an opponent of the project . . .
The only "compromise" reached yesterday on the Three Light TIF is the moral values of the people we elected.
It gets worse . . .
Part of the deal attempted to reduce City Hall's commitment to future Cordish downtown real estate development plans . . . The punch line:
MAYOR SLY & MOST OF THE COUNCIL LOCKED KANSAS CITY INTO BUILDING MULTI-MILLION DOLLAR PARKING GARAGES FOR CORDISH 3, 4, 5 & 6 LIGHT!!!
So while the urban planners and the dweebs at MARC look to crack down on motorists and steal away downtown highways . . . Yesterday City Hall agreed to protect the cars of luxury living space dwellers into the distant future.
Review . . .
Mayor Sly & most of the council sold out taxpayers to help finance KCMO luxury real estate at a cost of HUNDREDS of millions.
The affordable housing that's part of a "compromise" isn't really affordable.
Luxury apartments won't have to pay taxes for the next quarter century but City Hall is asking for a regressive sales tax renewal from voters on April 3rd.
Developing . . .
Look on the bright side.
ReplyDeleteKansas City has the very best government that money can buy!
Here's something that you forgot TKC.
DeleteRemember how the downtown boosters used to deride the surface parking lots and talk about how much progress we've made with all of the new attractions?
What happened.
Now we're building luxury private parking lots near the same space at the cost of 80 million dollars.
I guess that's progress but the old parking lots were a lot cheaper and actually provided revenue to the city.
I think we're being way to literal here.
ReplyDeleteWe also need to factor in all of the local jobs that are being created to help build the parking lot. That's money into the local economy and people working to build a better KC.
We can talk about this class war stuff or realize that we have to keep our momentum going if we want to continue the pace of so many positive thing happening in KC right now.
The 80 million dollar figure is exaggerated.
$17.5 is the real cost and we'll see those funds put almost directly back to our local economy.
The big picture is that we are building KC to new heights and this is part of making our town best in the midwest.
The big picture is that the city and its clownish officials are for sale to the highest bidder while crime spikes and shills like you attempt to distract with brainless, shallow cheerleading.
Delete^^^ a campaign slogan for the next mayor most likely.
ReplyDelete17.5 is for one garage moron, you’re a terrible cheerleader sLIE, stick to what you do best, lyin, cheatin and raping the taxpayers
ReplyDeleteThe people living in those buildings are coming from Johnson County. They are spending all of their money in Kansas City and paying the E tax. Downtown is alive today because of Cordish, and those that took a chance. Breaking this agreement put the city at risk now with Cordish, and later with every developer the city does business with.
ReplyDeleteThe people complaining were never moving downtown anyways. They are grifters who spend their entire existence like leaches. Serving their “not for profit” while they continue to beg for money from every grant they can. They produce nothing, they are vampires. Sucking the life out of every good idea, until they get a grant from the very organizations they pretend to protest.
KC voters just keep voting Yes to everything for the 1% of KC.
ReplyDelete8:36: The people complaining are the people who are paying for subsidized housing and entertainment for whiny entitled millennials, and no, we have no intention of moving downtown to live among them.
ReplyDeletethe downtown urban experiment had better work or it won't be pretty.
ReplyDeletebut it seem like it is and could work, which would be great for KC.
Living in Kansas City sucks. People who are smart are moving to more affordable suburbs.
ReplyDeleteYou can tell when the council members come out of a negotiation with Cordish, they leave the room without their shirts.
ReplyDeleteCan we vote to have Cordish run our city? Our next election a nations first for CEO-Mayor of KC? Unbelievable how these KC Clowncil Crooks manage to breathe on their own!! Sanctuary cities are one thing, but to live in a Sanitorium city is another. Just another “wow” or “holy shit, how did we get to this point” moment.
ReplyDeleteAs has been pointed out on this site many times by different commenters, Cordish had no reason to re-negotiate its existing contract with KCMO. Their new promise to turn a derelict building into middle income apartments was merely a low cost sop to their opposition. The councilpersons' proposed resolution to "force" re-negotiation was just a publicity stunt.
ReplyDeleteEven more queers and faggots will be living downtown.
ReplyDeleteNot nearly enough!
ReplyDeleteThese developers need more... look at all the progress the city has made. White flight is retracted!
Let’s help these developers and maybe they will help KC look like NY?
1. Give them a blank check. KC schools are already great and teachers are paid well... let’s give better tax breaks so new residents are subsidized and can live partly free!
2. Let’s randomly pick families and make them give up their 1rst born! The kids can be donated to the Mayor’s friends... this will help out the poor developers who are MKCGA...(Making KC Great Again)
3. Let’s add another 2% Earnings tax to everyone. This can help raise salaries of city leaders and help put money on the toy train so it can be built and expanded to other worthless locations. Should not be built to KCI as a condition. That would make too much sense. Also- this will help speed up gentrification which will hopefully move old people somewhere else... KC can’t afford old people and KC doesn’t have time to help them out.
Great job Sly & Company! Keep up the good work and don’t forget to help out and subsidize your friends at the KC Star.
Vote Yes on April 3rd to support downtown.
ReplyDeleteThis is excellent reporting of reality as it exists in KCMO!
ReplyDeleteMeanwhile, a report out this morning indicates that Baby Boomers nationwide are trending AWAY from urban centers and into suburbia, citing more affordable housing as a primary factor.
Mayor Sylvester and City Manager Schulte have sold KCMO down the drain, and with interest rates projected to rise further, that spells doom for KCMO's finances. Passage of the GO Bonds merely kept KCMO afloat while Schulte juggled balances from one account into the next, like a check-kiting scheme.
Backward non-competitive earnings tax
High and rising property taxes
Skyrocketing water rates
Sales and Use taxes (CID, PID, TDD abuses)
Public safety tax
COMBAT tax
Arena fee (lodging/rental car)
Convention Tourism tax (food service/lodging)
Special assessments
Utility taxes
Publicly subsidized sports stadiums for KS residents
Non-stop giveaways to wealthy non-resident developers
Public subsidies for local corporations which donate to Sylvester's campaign
KCPD/KCFD/KCMO public employee pension funds which are underfunded and overprojected
Be a great location for Craig to open Stanfords in it's 17th location since where they're at now want to pay him to leave but K.C. might pay to keep him out. Craig belongs to Homos For Trump.
ReplyDeleteDebt debt debt. Kcmo going bankrupt
ReplyDeleteYa' can BET, ol' Dirty corrupt MAYOR SLY JAMES Secretly got something under the table for all this !!!!
ReplyDeleteSecretly under the table to line his pockets !!!
Sadly, that's whats NOT being talked about !
Shit like this don't go down unless theres something in it for ME !!!
Its time to start looking into SLY and ALL His family members including his supposed attorney son,,,,
Dig very deep and expose everything !!!!!
Well there's the door, buddies! UHAUL is ready for all your moving needs. Mention TKC and get 20% off your move to whatever urban utopia you're moving to.
ReplyDeleteWhat drug is Go4KC taking?
ReplyDeleteThe FBI needs to look into this. It has fraud written all over it.
ReplyDeleteBREAKING
DeleteAn FBI employee in the Kansas City field office was seriously injured today when he fell off his chair laughing after receiving phone calls from readers of a local fake news blog about some stupid bullshit they have no concept about.
DEVELOPING
Stop posting on blogs on city computers. My taxes pay your salary bitch. They also pay the salary of the FBI and for the Federal Prison you will be visiting.
DeleteI used to drive for a chauffeur service last year. On several occasions I drove clients to the downtown area per their request because they wanted to see what it was all about. This was usually at lunch time when it should be hopping. Without fail the client would mention how dead it was. All I could do was laugh. KC is a small town, and there is nothing wrong with that. To think it will ever be anything else is laughable.
ReplyDelete^^^^^Excellent point! Some of the most successful cities these days are those that are content to be good places to live. Columbus and Indianapolis are good examples.
ReplyDeleteSome of the most successful cities these days are those that are content to be good places to live. Columbus and Indianapolis are good examples.
DeleteTrucks are available! Mention TKC and get 20% off your UHAUL rental!!!
And I'll come over and help you pack.
Before you help anyone pack, go get Mayor Bullhorn another scotch.
DeletePlease clarify 'So while the urban planners and the dweebs at MARC look to crack down on motorists and steal away downtown highway.' The dwtwn highways, the crazy exits, are a joke leftover from the 50s. Who likes going N on 1-35 to east on 70 under bartle then quick merge left to N on 1-35. Maybe the north side of the loop needs more exits and entry points into river market and what not. I am pro-toy train, alth its is indeed a toy train and will remain that way. If KC wanted a city rail system, they should have thot of that b4 they ripped out the last one & planned city expansion around it, now it is most probably too late.
ReplyDeleteDevelopers generally always fail at the 'affordable housing' despite 'mixed income housing' being a buzz phrase in housing development for decades. They also generally try to fck as much money out the process as possible, so not surprised i guess.
MARC seems to have it's delicate fingers in so many delicate topics and reports that the un-noticeable results are un-noteworthy to the public.
ReplyDeleteSeems all the city can do now is do toy train TOD on a couple or a few corridors. Where is an E-W and where is another N-S? Do not get me started. WTF is wrong with mission that they will not pony up for the TURKEY Creek Streamway Park Trail. Why is there not bike/pedestrian non-automobile trails to Lawrence, littered with too many superfund sites?
ReplyDeletetroost and independence/hooker ave blighted enuf with enuf population density or potential for population density for TOD?
ReplyDeleteAnd this is how sLIE keeps downtown free of coons and poor people!
ReplyDelete"Some of the most successful cities these days are those that are content to be good places to live. Columbus and Indianapolis are good examples.
ReplyDeleteTrucks are available! Mention TKC and get 20% off your UHAUL rental!!!
And I'll come over and help you pack."
In other words, to quote the Hipster Manifesto, "If you don't like it, you can always move!"
News Flash: If everyone moved, you'd have to pay your own way.
(Fill in the blank): Love it or leave it.
ReplyDeleteKilla City, where Sly vestor and his cronies will rape you up the ass for your last tax dollar and when they are thru leave you in Mid Town on a bus bench waiting to be shot by a traveling boon circus headed to the Plaza.
ReplyDelete^^^^^^through not thru ^^^^^^^ obviously drunk on Jack. Yep that's the real bear.
ReplyDeleteAre we suppose to be paying for streetcar or parking lots???
ReplyDeleteTony Botello is right, how dare anyone ever move out of their mom’s basement.
ReplyDeleteI'm NOT at all happy with the name 3 light
ReplyDeleteits Discriminatory against Fluorescent lights
as well as Strobe lights
and bright lights
I'll be filing a discrimination LAW SUIT soon :) !!!!!
Q: Are the City’s rules for the use of local minority-owned and women-owned businesses applicable to the projects the sales tax will fund?
ReplyDeleteA: Yes. The City Council included in the ordinance the following commitment: “The City’s MBE/WBE and construction workforce policies will be followed in the use of all capital appropriations."
Follow the Money!!!
I do business with these two places and they never ever pay their bills on time. I have had to cut their credit off and make them pay with credit cards as they go. One Light is a deadbeat.
ReplyDelete