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Council approves Community Improvement District and industrial revenue bonds for County Square Commons on Cherry Street
Summary
The council voted to create a CID and approved related industrial revenue bonds for a multi-tenant restaurant and retail project at 114–126 North Cherry Street, authorizing a 2% CID sales tax for up to 22 years; public hearing had no speakers.
The Olathe City Council on April 1 held a public hearing and approved an ordinance creating a Community Improvement District (CID) and levying a CID sales tax for the County Square Commons redevelopment at 114–126 North Cherry Street. The council also approved a related resolution authorizing industrial revenue bonds tied to the project.
City staff opened a public hearing on the CID and noted the…
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