One reason taxes are high and city is...
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Independence, KS

#41 Feb 17, 2013
Indy_Dick wrote:
<quoted text>While I agree with you that the city commission makeup needs to change, it's not going to happen overnight. Unruh will still be there after the dust of the upcoming election has settled. We may or may not lose White depending on the results of the election.
Hopefully, who ever is elected, will devote some time to studying the future of the city and remember the miscues that have happened in the past.
As for default of Industrial Revenue Bonds, I don't recall that happening in Independence in the past. If is has, I don't remember a case, but I'm sure someone would correct me if I'm wrong...
Unruh may still be there but if we can get rid of White and elect two commissioners sincerely ready to work for taxpayers, things may have a good chance of improving dramatically.

IRBs are issued everywhere. There have not been any defaults on bonds related to Independence in the recent past, but there have been many defaults on those type bonds elsewhere.
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Independence, KS

#42 Feb 17, 2013
Zach Webb wrote:
<quoted text>
Consider the sales tax I could generate
Not to mention the employees you may have employed and the people from out-of-town attending funerals, whom, after their initial visit, may have come back to visit our park, shop our stores, etc.

The Locust Street deal was a lose-lose-lose for taxpayers which is exactly why they need to take the steps to make sure something like that doesn't happen again.
Zach Webb

Wichita, KS

#43 Feb 17, 2013
I'm doing that outside the city limits but I'm leaving this conversation before the inevitable smart remark
Long Time Resident

Independence, KS

#44 Feb 18, 2013
I have lived here a long time. Any taxing and town decay problems cannot be put at the feet of the current city commissioners nor the city manager. Like most towns our size without access to a major inter state highway, we are slowing disappearing. Fact of life.
dirt road

Wichita, KS

#45 Feb 18, 2013
Long Time Resident wrote:
I have lived here a long time. Any taxing and town decay problems cannot be put at the feet of the current city commissioners nor the city manager. Like most towns our size without access to a major inter state highway, we are slowing disappearing. Fact of life.
Ya but the current commission are the ones who blew the money on the gas company building and then paid to tear down that church building for a few parking places for Memorial Hall. How often is the Hall used for that big of an event. Oh but we are getting rental income on the businesses in the gas company and will when they get that house across from the hall redone. But then again how can people rent their houses and downtown offices when the city is in competition with them?
Cindy

Independence, KS

#46 Feb 18, 2013
Long Time Resident wrote:
I have lived here a long time. Any taxing and town decay problems cannot be put at the feet of the current city commissioners nor the city manager. Like most towns our size without access to a major inter state highway, we are slowing disappearing. Fact of life.
But the current bunch has only made matters worse. It didn't have to be that way.
NO KIDDIN

Cole Camp, MO

#47 Feb 18, 2013
OBUMA THE MUSLIM
No Joking

Independence, KS

#48 Feb 18, 2013
NO KIDDIN wrote:
OBUMA THE MUSLIM
Bush the Satanist!
Broke

Independence, KS

#49 Feb 18, 2013
Indy_Dick wrote:
From Wikipedia: "A revenue bond is a special type of municipal bond distinguished by its guarantee of repayment solely from revenues generated by a specified revenue-generating entity associated with the purpose of the bonds, rather than from a tax. Unlike general obligation bonds, only the revenues specified in the legal contract between the bond holder and bond issuer are required to be used for repayment of the principal and interest of the bonds; other revenues (notably tax revenues) and the general credit of the issuing agency are not so encumbered."
http://en.wikipedia.org/wiki/Industrial_reven...
The city is not "on the hook" for repayment of the bonds and interest as long as Cessna is able to repay them from revenues generated by the facility. The city has a lien on the facility until the bonds are paid off. If Cessna defaults, the facility reverts to city ownership.
The taxpayer does not have to pay any taxes to pay off the bonds as long as Cessna does not default on the payment schedule. It does not require a vote for a municipality or other taxing entity to issue revenue bonds.
Just so you know...
Would you be wiling to wager that Cessna pays the entire $30 million back? I would be willing to bet no. So what then?
what the huh

Atlanta, GA

#50 Feb 18, 2013
Church Truths wrote:
Cowan found out the church and home were up for sale and told city.City quickly put together a deal with the Chamber to buy the properties for $100M ($50M each).City also agreed to let the church keep the ACs to use in their new building.
Business person referenced was going to have to arrange financing which would have taken time.He also wanted to keep the ACs since he was going to use the building.
Church went with city's offer since it was best for it.
Are a lot of buildings downtown but a lot of them in bad shape.The church facility would have needed less work which is why the business person was thinking about buying it.
Cowan did not only hear the church was for sale, he is a big wig in the church and knew all along what the plans were, and made it happen. Do you think it happened by chance?
qeustion

Independence, KS

#51 Feb 19, 2013
what the huh wrote:
<quoted text>Cowan did not only hear the church was for sale, he is a big wig in the church and knew all along what the plans were, and made it happen. Do you think it happened by chance?
Regardless of his position in the church, he would have had to HEARD his fellow church members discussing their plans before he spoke to the city. Either that or he found it out by ESP.

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