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Kearney board approves Gateway West Community Improvement District
Summary
The Board of Aldermen voted unanimously on second reading to establish the Gateway West Community Improvement District, a 569‑acre CID intended to fund $22,830,000 in public improvements through assessments and a district sales tax.
The Kearney Board of Aldermen voted unanimously on second reading to create the Gateway West Community Improvement District and approved a cooperative agreement with the district.
Caroline Yatsik, the city's economic development director, told the board the petition met Missouri statutory requirements and detailed a proposed boundary covering roughly 569 acres and five parcels at the northwest quadrant of the I‑35 and 19th Street interchange. "The Gateway West CID petition meets both of these requirements," Yatsik said, referring to the state criteria for forming a CID. She described a preliminary projects list, which includes waterline work on Nation Road and complete‑streets projects, with a total estimated cost of $22,830,000.
Under the CID plan presented, the district would be authorized to impose a special assessment and a sales tax; Yatsik said the proposal calls for a $500 per acre annual assessment for properties inside the district plus a retail sales tax on purchases within the CID. City staff will design and construct district projects and the city, not the district, would own the completed work, the presentation said.
The ordinance was read on first and second readings and a motion to approve the second reading passed. The clerk recorded Aldermen Holt, Barker, Lehman and King as voting "Aye," and the mayor declared the vote unanimous. The board approved the cooperative agreement that outlines city and district responsibilities.
Why it matters: The CID is intended to generate up‑front funding for public improvements to spur residential and commercial development around the new interchange and to broaden the city's long‑term tax base, which city leaders said would benefit the city and its taxing partners, including the local fire district and school district.
