A busy day for Kansas City councilmembers ended months of debate by cutting back the city’s economic development incentives while awarding money to two hotel projects.
Just two weeks ago, the council had deadlocked on the incentives measure and decided to delay a vote. On Thursday, the tide had shifted. The council voted 9-4 to approve the plan.
The ordinance caps tax incentives at 75 percent of a projects cost in most case. The exceptions include distressed areas and projects that do well on the AdvanceKC scorecard, providing things like high-paying jobs.