In response to petition drive, City Council repeals Crossroads TIF ordinance
The Kansas City Council officially repealed a measure Thursday that previously allowed incentive financing for a new headquarters for the BNIM architectural firm in the Crossroads.
The council’s vote, made without comment, was largely procedural because BNIM had already abandoned that project and is now seeking a new location.
Supporters had said the taxpayer incentive was needed and justified to create a cutting-edge, environmentally progressive architectural headquarters in a long-vacant building at 1640 Baltimore Ave.
But referendum petitioners said the Crossroads is a dynamic neighborhood that should no longer need tax increment financing help. They gathered sufficient signatures to force the city to hold a public election on the TIF deal.
BNIM said it couldn’t wait for an election and opted to abandon the deal and look for alternate locations.
Lynn Horsley: 816-226-2058, @LynnHorsley
This story was originally published February 25, 2016 at 5:14 PM with the headline "In response to petition drive, City Council repeals Crossroads TIF ordinance."