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Council approves redevelopment agreement for 8036 Metcalf, directs staff to pursue TIF and CID steps
Summary
The council adopted a resolution approving a development agreement for the 8036 Metcalf redevelopment project and directed staff to work with the developer on a TIF project plan, a CID petition and a resolution of intent for tax-exempt EDRBs (up to $35 million) to be considered later; vote was 10-0.
On June 21 the Overland Park City Council adopted Resolution No. 5054 to approve a development agreement establishing parameters for the proposed redevelopment of 8036 Metcalf. The council unanimously directed staff to work with the developer to finalize a TIF project plan for committee review, prepare a CID petition for council consideration under…
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