Reference is made to the post immediately below regarding the possibility of the CID being reconsidered for 10 Quivira Plaza.
One item that was brought up at the last public hearing about this was only given a cursory explanation.
Let's look at this item, again. In the article written by Mr Gough he states:
"After CID revenues pay all eligible project costs or CID bonds, the municipality can spend any remaining funds as though they were local sales tax receipts." (K.S.A. 2009 Supp. 12-6a34)
Now, I'm no lawyer but the above seems pretty simple. If the CID is approved, then it would seem that if there is any money left over the city can do whatever they want with it. Let's bring that down to earth.............if approved, the folks who go shopping in that center, besides paying a higher tax for things such as food, could be contributing more to the city itself. Is this why the council members of Ward 3 appeared to be favoring the CID at that time?
As mentioned above, this aspect was only glossed over at the last public hearing.
On the other hand, if a CID is formed where the majority of the business is transient and/or tourist, then the effect on members of the community could be minimal. This is described by Mr. Gough and mentioned in the post below. And again, that would be in line with the 3 current CID projects already on the books.
If the city wants to work with a developer for a CID then do it like the others.............where the money comes from transient and/or tourist dollrs.
Remember: Good starts with not sticking it to the members of the community.
