KC Development: IT'S ALL NOTHING BUT ABATEMENT

The KC Biz Journal reports that a $6 million renovation of Rivergate Business Center will begin in November after the Kansas City Council on Thursday boosted the downtown Kansas City building's property tax abatement. Now, promoting business in this town is fine but, as of late, virtually everyone who moves here is standing in line for an abatement. The fire sale needs to stop, this town is not so horrible that we need to offer everyone incentives. It's well past time that this city needs to do something in order to decrease it's debt load rather than making sure all the right business people have their discount. Kay's tenure has seen nothing but corporate welfare and very little pay off.