So far a developer scheme worth hundreds of millions of dollars is moving forward with "UNDISCLOSED" funding sources and local tax fighters are once again asking for accountability from 12th & Oak.
Here's an important money quote from an e-mail now circulating and so far unanswered from KCMO elected officials . . .
"Citizens For Responsible Government is a group made up of taxpaying voters in Kansas City, MO. We would like to request a copy of the “Term Sheet” referred to by the City Manager and the developers this past week and the identity of the lender. Since the project is over 50% funded with taxpayers dollars, we feel we are entitled to all pertinent paperwork associated with the project. The fact that the developers failed to disclose who is lending the money, makes everybody very suspicious. The City has a track record with this developer and many are curious if we will not be bilked again..."
Developing . . .
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