Wednesday, January 08, 2020
TKC BREAKING NEWS!!! AMERICAN CENTURY DEMANDS MILLIONS IN TAX BREAKS FROM KANSAS CITY FOR RENOVATION NEAR THE PLAZA!!!
Quick message sent your way and justifiably stolen from a Chinese social media scam . . .
"American Century is planning an $86.4M renovation of its headquarters complex at 4500 Main; seeking city revenue bond w 50 percent, 10-year personal property tax abatement; retaining 1,022 jobs, adding 74."
Translation . . .
DESPITE THE TRUMP ECONOMIC BOOM THIS EPIC STOCK BIZ DEMANDS HUGE KANSAS CITY TAXPAYER SUBSIDY!!!
This has actually been out on the city website for a couple of days . . .
Ordinance 190991: Approving an Industrial Development Plan for American Century Services, LLC, for the purpose of making renovations/leasehold improvements to the commercial buildings located at 4400 and 4500 Main Street, Kansas City, Missouri, and for the purchase of machinery and fixtures; authorizing and approving various agreements for the purpose of setting forth covenants, agreements and obligations of the City and American Century Services, LLC; authorizing the issuance of taxable industrial revenue bonds in a maximum aggregate principal amount not to exceed $86,338,000.00; authorizing and approving certain other documents; and authorizing certain other actions in connection with the issuance of said bonds.
Developing . . .