Gateway we hardly knew ye. Phase III
BlogKC has picked up my little book report on the Gateway TIF deal.I like BlogKC because 1) They linked to me (see Joe Miller's post on that topic) and 2) They concentrate on my favorite subject; Kansas City. There's plenty more to write about on the Gateway TIF deal. I haven't decided if I'm going to bore everyone with every detail. Most times I feel like the details are only interesting to me. There's the issue of Gateway claiming they couldn't find enough office space in Kansas City back in 1994. What? I don't think our commercial real estate market was at 100% occupancy back then. Then there's the little tidbit that we used TIF funds to pay off Gateway's exit penalties for vacating their lease at Town Center Plaza. Finally there's the wording in the council resolution that stipulates that Gateway must be a "permanent employer." I don't know what your definition of "permanent" is but I expect permanent to last longer than a few years. Maybe the resolution was drafted by a cosmetologist. My wife got a permanent once and that thing only lasted a few weeks. |











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