Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Ozark Marketplace CID cooperative agreement presented; developer says construction under way, bids for MoDOT work due this week
Summary
Officials and the developer updated the Ozark Board of Aldermen July 21 on a cooperative agreement that will govern the Ozark Marketplace Community Improvement District and on construction progress in the mixed-use development.
Officials and the developer updated the Ozark Board of Aldermen July 21 on a cooperative agreement that will govern the Ozark Marketplace Community Improvement District (CID) and on construction progress in the mixed-use development. Sarah Granath of Gilmore & Bell, the city’s outside economic development counsel, said the cooperative agreement implements the ordinance that created the CID and sets rules for collection and administration of CID revenues, which include a CID sales tax and a special assessment. Granath said the CID was formed for a maximum term of 27 years and that reimbursements for certified project costs will be repaid from CID revenues at a maximum…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
