Monday, April 22, 2019
Kansas City Zona Rosa Bond Fight Update
Broke-ass municipal perspective on the continued Northland dilemma amid THE DEATH OF RETAIL . . .
"If the court rules in favor of Platte County, the bondholders will lose a lot of money – but if the judge orders Platte County to pay, taxpayers will see property taxes rise drastically to cover the one million dollars owed."
More . . .
Fox4: Questions remain over who should pay for Zona Rosa parking garage
The attorney representing Platte County recently filed a motion for judgement, asking the judge to exempt the county from paying millions of dollars still owed on this parking garage behind me. The county argues that nothing obligates them to pay up.
"Someone’s projections were off along the way, the deal didn’t turn out on the garages and Platte County’s not going to be left holding the bag for that private deal," attorney Todd Graves told FOX4.
Developing . . .