Monday, September 05, 2016
TKC BREAKING NEWS!!! KANSAS CITY TAX FIGHTERS TARGET INTERCONTINENTAL HOTEL TAX SUBSIDY BLIGHT DESIGNATION!!!
On Friday night Steve Vockrodt wrote an important story about a disgraceful tax break in progress that was buried by the local newspaper but deserves more attention. We talked about it a bit but now local taxfighters have taken up the cause.
And so . . .
KANSAS CITY LOCALS WATCHING THE NEWS AND TIRED OF INSIDER TAX DEALS RAGE AGAINST THE PREPOSTEROUS BIG MONEY ASK FROM A LUXURY HOTEL!!!
Here's the message from Kansas City Citizens For Responsible Government . . .
City Council... Please say "NO" to the InterContinental Hotel...
Last Friday, the local media outlets reported the InterContinental Hotel was going to ask the City to set up a CID so they could raise sales tax dollars and use the money for updating their facility. The money would be used for furnishings, cosmetic and structural repairs. The City needs to stay out of this. Our City is not a bank and the InterContinental is out of line asking the City to spend taxpayers resources to collect and monitor their funds.
What properly managed hospitality company would not have a mechanism to set aside funds for updates and remodels? What are they not telling us here? What’s coming next? TIF financing? Property tax abatements? If they don’t have funds set aside, shame on their lack of foresight. Go to the bank and get a loan.
Why can’t they just raise the price of everything on the property 1% and use those collections to fund their upgrade. What’s the difference? This approach would leave the City out of it and their customers would foot the bill. This is a private business and our City has no excuse to get involved.
Those on the Council who think setting up another CID won’t cost the City anything are just wrong. Our city will have administrative costs involved in collecting and managing funds for something they have no equity interest in. Let the free enterprise system work, stay out of it! Our City needs to stay out of private businesses affairs and tend to the City’s affairs. There is enough for them to be concentrating on with crime, lack of proper police numbers, roads full of holes, sewers backing up into basements, utility rates going thru the roof, council members using their positions to usurp the law and so on.
Once you establish a CID, they never seen to go away. There is already at least one CID on the Plaza, now they want to stack another CID on top of the one (s) that are already there. Also if the InterContinental raises their sales tax 1% for refurbishments and the streetcar expansion comes along, they will get hit with another 1% on their sales taxes for that TDD plus assessments and increased property taxes. WOW! Their prices will have to go up, up,up!
The InterContinental Hotel should manage their own business and leave our CIty out of it. We need to keep an eye on what’s going on here..
If you agree with our assessment, call and email your councilperson, the at large council members and the mayor . Tell them to let the InterContinental run their own affairs and concentrate of what our City needs… Here is their contact info.
Developing . . .