Kansas city voters took a bold step in 2017 to spark redevelopment along the Prospect Avenue corridor by approving a one-eighth-cent sales tax designated to support economic development.
The five-member board appointed to provide recommendations for spending the money is seeking public feedback and input on the best ways to move forward.
The commissioners will review and recommend proposals to use tax receipts for economic development in the area bounded by Ninth Street on the north, Gregory Boulevard on the south, the Paseo on the west and Indiana Avenue on the east.
This tax will run for 10 years and is expected to generate about $10 million annually. Guidelines have been crafted to help shape the discussions and give residents and the board clearer direction for how the tax revenue can be used. The City Planning and Development Department has prepared a Central City Sales Tax District Databook, full of information about the demographics of the area, development trends and redevelopment opportunities.