Let's start with an even better perspective from BEST & BRIGHTEST TKC READERS who myth-bust the logic of the impending giveaway . . .
"Why even consider a TIF deal after they have bought the Plaza??? It would be like negotiating a higher salary right after you have started a job.
"If the Plaza owners REALLY need TIF money to make it work maybe they should have asked before buying it."
And here's another worthwhile summary . . . That focuses on constant outcry over school cash.
Check-it:
"The developers behind the project are seeking a $309 million tax incentive through the Port Authority of Kansas City (Port KC) that would cap the Plaza’s property tax bill for three decades. That would particularly impact Kansas City Public Schools, which receives the majority of the Plaza’s property tax revenue."
Read more via www.TonysKansasCity.com link . . .
Massive tax break for Country Club Plaza would divert $188M in revenue from KC schools over 30 years
A Texas developer wants to revive the Plaza. But the plan could come at a massive cost for Kansas City schools and other government services.
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