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Developers to fund economic analysis for proposed Ozark Mountain Sports Complex; funding agreement advanced
Summary
A funding agreement that would have the proposed Ozark Mountain Sports Complex developer pay the city’s consultant costs to evaluate requested economic incentives was placed on first reading; developer representatives reiterated financial commitment and local economic-development groups voiced support.
A funding agreement related to a proposed Ozark Mountain Sports Complex (bill 3656) was placed on first reading. The agreement would require the developer to pay the city’s costs for outside consultants retained to evaluate any future incentive requests.
Sarah Grimeth, counsel with Gilmore & Bell serving as economic development counsel to the city, said the funding agreement allows the city to hire and be reimbursed for consultants who perform economic analysis…
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