Jordan Carver looking classy inspires this collection of Kansas City links for the cloudy afternoon. Take a peek:
Kansas City Creative Class Tax Break Redux
Abatement program for Crossroads artists may get touch-up - Kansas City Business Journal
Sunflower State Psycho Day In Court
Kansas serial killer case to go before Kansas Supreme Court
Welcoming More Kansas City Lofts
'Artist funky' lofts to rise in the West Bottoms
Show-Me Healthcare Protest
Hundreds rally for Medicaid expansion at Missouri Capitol | KOMU.com | Columbia, MO |
Lesson Against La Migra
Kansas Legislature looks at DREAM Act today
Crime Fighting Career Day
Aim 4 peace hosts job fair
Meth Town Recidivism Tragedy
Registered sex offender accused of raping girl in Independence
Cowtown Old School Collabo
When It Comes To Aging In Kansas City, Seniors Help Each Other
More Deets On Library Drama
Teens escorted out of Capitol while protesting budget cuts to Mo. libraries
City Hall Temporary Fix
Kansas City Council Committee Backs Only Minor Liquor Card Changes
More Deets On Local Doggie Good News
Jackson County Advocate Newspaper: Grandview Pulls Breed-specific Ban on Pit Bulls
And this is our OPEN THREAD for right now . . .
Wayne Reeder is a wheeler-dealer who has spent most of his 72 years in Southern California. Born in Missouri, Wayne Reeder settled in Kansas City after his release from federal custody in 2002.
ReplyDeleteWayne Reeder served 28 months and was ordered to pay $16.5 million in restitution for his role in the sudden failure of two insurance companies. Prosecutors alleged that Reeder and another man looted the companies as soon as they got their hands on them. A jury in Providence, Rhode Island, convicted Wayne Reeder on ten counts of wire fraud and transportation of stolen property.
At his sentencing, a defense attorney argued that Wayne Reeder had played a minor role in the fraud. Yet he was no stranger to dubious deals and questionable associations. A suit filed in bankruptcy court in 1987 accused Reeder of participating in a scheme to make off with the assets of an insolvent hotel. A year before, he was among friends and relatives who posted the $6 million bond of a Tennessee banker who was later convicted of fraud and money laundering. In the time between their respective incarcerations, Wayne Reeder and the banker sued each other over a real-estate deal gone bad.
Wayne Reeder is technically a "consultant" to the limited liability corporation developing the View. The owners of record are a Reeder family trust, of which Leslie is president, and Richard Turner, an accountant whom Leslie says she has known for 20 years (and her father has known for 40).
The Reeders are obviously aware that it might look unseemly for the city to grant a tax break to a one-time white-collar criminal, hence the emphasis on semantics. Leslie says, "A convicted felon consulting on the project, should that have anything to do with the project getting tax credits or not? No. If it was an ownership interest, or maybe a director of the board, would it be more impactful? Yes. But he's not that."
From an article By David Martin www.thepitch.com
"The View II is expected to move forward with tax abatement approved by the Planned Industrial Expansion Authority, beginning with 95 percent for 10 years, and to use historic redevelopment tax credits."
ReplyDeleteSurprise!
And it's already at break-even. Just like the streetcar!
So t-shirt sales will pay for the tax breaks?
ReplyDeleteHell yeah!
ReplyDeleteJohn Robinson = barrels of fun!!
ReplyDeleteGaaaaaaaargffffffff!
ReplyDeleteItz about the toy ternz bernoogler donchaknow ermahgawd!
Streetcarz is about everathangs!