Wednesday, December 06, 2017
TKC BREAKING NEWS!!! FINANCE COMMITTEE SHUTS DOWN COUNCIL ORDINANCE FOR DOWNTOWN KANSAS CITY HOTEL FINANCIAL TRANSPARENCY!!!
A couple of other local media outlets tout today's vote on the Downtown Convention Hotel as a win despite the implication of far less municipal oversight and financial accountability for developers.
Today's City Council aftermath . . .
The Finance Committee voted unanimously against an ordinance hoping to provide answers regarding the complicated structure of a City Hall deal to fund the Mike Burke Hotel with $35-MILLION in cash & $7-Million worth of donated land.
Even worse, there were legal threats against the ordinance in order to clear the way for more City Hall secrecy.
Bottom line . . .
CITY HALL IS GIVING AWAY $42-MILLION BUCKS WITH TERMS THAT ARE COMPLETELY UNDISCLOSED TO THE VOTING PUBLIC!!!
This may or may not be a big deal considering that KCMO voters were denied any input into this decision after a voter petitions and signatures were rejected.
And so, a series of drawings backed by closed-door meetings is all that is required for City Hall to "invest" or give away MILLIONS without so much as a peep from any media outlet in Kansas City.
Developing . . .