Saturday, December 02, 2017
TKC BREAKING NEWS!!! IS CITY HALL TRYING TO KILL ORDINANCE DEMANDING FINANCIAL TRANSPARENCY FROM THE DOWNTOWN KANSAS CITY CONVENTION HOTEL?!?!
Behind the scenes, an ordinance requiring financial disclosure from the new Downtown Kansas City Convention Hotel has created panic among developers and 12th & Oak insiders.
Accordingly . . .
DOWNTOWN KANSAS CITY HOTEL SUPPORTERS FIGHT AGAINST FINANCIAL ACCOUNTABILITY AND DON'T SEEM TO WANT TO SHARE INFORMATION ABOUT THEIR TAXPAYER FUNDED EFFORT!!!
Our blog community broke news about this groundbreaking legislation earlier this week . . . The ordinance sponsored by Councilmembers Heather Hall, Katy Shields & Teresa Loar is now on file with the City Clerk's office . . .
However, we noticed something interesting in how this thing in moving along in terms of committee assignments . . .
The legislation was directed toward the Finance and Governance Committee despite most of the hotel talk staring in the Planning, Zoning & Economic Development Committee. This might not seem like a big deal to the uninitiated, but HERE AT TKC WE ARE INITIATED and can easily decipher this kind of petty City Hall theatricality and deception.
The KCMO Finance Committee led by Council Dude Scott Wagner will likely prove a hostile place for this last hope at financial transparency given that so many City Hall Insiders seem to be working diligently for the benefit of developer Mike Burke rather than KC voters and taxpayers.
On the bright side . . . This debate over bond financing and disclosure is an IMPORTANT AND ESSENTIAL part of the process and might even serve to scare a few bond companies away from this project that doesn't seem to want to share terms with its greatest, longstanding investor - The people of Kansas City.
Developing . . .