Lee's Summit council advances Victory Hyundai Chapter 100 plan to second reading
The City Council moved the Victory Hyundai chapter 100 incentive request to second reading after a presentation from the developer and city staff. The project seeks a 75% property tax abatement for 10 years and a construction sales-tax exemption; developers projected new jobs and sales tax revenue to the city.
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Lee's Summit — The City Council advanced to second reading an ordinance approving a Chapter 100 plan for a new Victory Hyundai dealership, after developers outlined projected jobs, sales and public benefits and staff summarized the site's incentive history.
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