Kansas City proposes $10M project to destroy empty buildings

1 year 5 months 1 week ago February 12, 2016 Feb 12, 2016 Friday, February 12 2016 Friday, February 12, 2016 4:32:00 PM CST in News
By: The Associated Press

KANSAS CITY (AP) — Kansas City has created a plan in the city budget to tear down about 800 vacant houses and buildings in struggling neighborhoods in the next two years.

The Kansas City Star reports that Mayor Sly James and City Manager Troy Schulte unveiled the plan Thursday to issue $10 million in bonds for the project, which would be paid off over a decade for about $1.3 million a year.

The city is finally able to allocate resources to help the problem because revenue growth is more robust than it's been in years. Kansas City's general fund for basic services is projected to grow nearly 2 percent in the fiscal year to $542 million.

The city council will vote on their city budget recommendation in late March. It would take effect May 1.

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