Oracle NKC Buyback Seems Ominous

We'll stipulate that all of these people are MUCH SMARTER THAN TKC. 

However . . .

Whilst this move gets taxpayers off the hook . . . It also signals that the EPIC company MIGHT NOT WANT any push back from lesser government officials as layoffs have seemed like a constant and former Cerner employees get cut to the bone in what was once Kansas City's largest private employer. 

Here's the overview . . .

"Oracle Health's acquisition terminates the remaining incentive term it otherwise was set to receive through December 2043. North Kansas City in November 2016 approved a full property tax abatement on the demonstration center for 15 years, followed by a 50% abatement for the next 10 years."

Read more via www.TonysKansasCity.com link . . .

Oracle buys NKC campus building, ends tax incentive 19 years early - Kansas City Business Journal

Oracle recently acquired a former Cerner building, consolidating the entirety of the more than 100-acre property under its direct ownership.