Monday, May 15, 2006

Hats off to Wyandotte County

Hats off to officials in Wyandotte County who have told Cracker Barrel that, after just closing a store in KCK off I70, they will not be allowed to move to the hot new Village West development because the state issued Star bonds do not allow a company to move from one area to another if the second area has state supported incentives, such as these STAR bonds.

Granted, the law says they can't relocate there, but still it took some balls by Wyandotte county to hold firm on the policy. I am okay with cities and counties using incentives to lure a business there, but when you are just stealing them from another city in the same metro area, there is not much gain there except some extra coin in the pocket for the company that benefits.

Here is the link from the KC Star if you want to read it:
http://www.kansascity.com/mld/kansascity/news/local/14580611.htm

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