For our late night denizens we share a local spending truism that has been continually repeated by local voters, homeowners and taxpayers . . .
KANSAS CITY CAN'T AFFORD TO PAY FOR ENTERTAINMENT DISTRICTS AMID THE THREAT OF COVID-19 BANKRUPTCY!!!
Here's the word and something that most of our readers agree upon . . .
"Now is the time to renegotiate city hall's deals with the entertainment districts. Millions upon millions every year for these "party venues" is a crime when we're talking about the possibility of cutting police and threatening the security of every resident. We can't afford to pay for bars or luxury apartments any longer; THIS is where we need to start cutting FIRST . . . Not law enforcement, transportation or first responders. "
Of course, a common focus of complaints is the 18th & Vine District that continues to siphon money from City Hall despite $100-MILLION in funding over more than a generation without any sustainable profit model.
But the calls for cuts don't stop there . . .
Kansas City's $15-MILLION-PER-YEAR deal at the P&L District is one of the worst financial arrangements in municipal history and city hall is still on the hook to FUND LUXURY HOUSING WHILST THE WORKING POOR CONFRONT EVICTIONS.
Now, of course there is resistance to any change in the status quo but insiders advise that the VERY REAL THREAT OF KCMO BANKRUPTCY will inspire some movement on these indefensible expenses at 12th & Oak.
Developing . . .