Tonight, the council will be asked to review and then authorize an application from Oppenheimer and Co. Inc. of Leawood, Kan., for provisional approval from the Iowa Economic Development Authority’s (IEDA) board for $14.7 million of state hotel/motel and sales tax revenue...
“It is highly unusual to ask the City Council to make such an important decision on the same night you are first being introduced to this program and project,†City Manager Steve Schainker wrote the council ahead of Tuesday’s meeting.
“I would like to give them a little more time,†Schainker added Monday. “The safeguard is this: it’s just a pre-application. It doesn’t bind the City Council at all.â€
For now, Schainker is recommending that the council approve the initial application but not provide city incentives for the project.
The development would be built in an area highly susceptible to flooding..