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Attorney outlines Kroger PILOT payment history and urges city-authority talks over revenue sharing
Summary
Authority counsel told the board the city has collected roughly $9.83 million in PILOT proceeds tied to the Kroger transaction while the Downtown Development Authority collected about $1.72 million in fees; counsel suggested the DA and city explore sharing some funds to support authority activities.
Attorney Kirby Glaze briefed the board on legal background and accounting history tied to the Kroger transaction and Fort Gillum property, urging a joint discussion with city officials.
Glaze said the city has collected about $9,833,000 in payments on the PILOT-like payments associated with the Kroger transaction and that the Downtown Development Authority has, over related transactions, collected about…
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