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Residents Criticize City Incentives, Bond Plan for Grand Market Station
Summary
Speakers at the Merriam City Council meeting criticized the recent approval of incentives and an imminent bond sale tied to the Grand Market Station development, calling for better public notice and limits on tax subsidies.
Nate Zoschke, a Merriam resident, told the City Council he was “hurt and disappointed” after the council approved an ordinance related to the Grand Market Station development at a special meeting the prior week and said a bond sale tied to the project was scheduled two days later.
Zoschke said the core issue was transparency and the city’s use of economic development incentives. “I am upset by the city council’s overzealous use of tax incentives, including more than 6,000,000 in economic development grants, essentially handouts to purchase Shell and Chipotle properties, along with close to 14,000,000 in TIF reimbursements,” he said. He said the total incentive package he…
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