After two hours of discussion, a public hearing and much angst over perceived threat of eminent domain, the Shawnee City Council this week approved a special taxing district in a largely undeveloped area on the western side of the city. In so doing, the council’s 6-2 vote gave a blessing to a novel use for tax increment financing, a tool most often used to the benefit of developers. The new Hickok-Zarah district, which encompasses 2.58 square miles between Monticello Road and Woodland Drive, is set up in a similar way to more traditional, developer-oriented TIFs.
Source: Shawnee Mission Post
