Title
Discussion: Economic Development Incentive Policy Review Process
Body
This presentation and discussion is intended to outline a proposed process for a review and update of the Economic Development Incentive Policy for the City of Lee's Summit, Missouri. The presentation will provide an overview of the current policy. The discussion will outline the proposed review framework, desired outcomes, estimated timelines, and various stakeholder participation. Staff is seeking input from the committee on the proposed objectives, timelines, and working groups.
Background:
On February 19,2015 the City Council adopted Ordinance 7588 creating the Economic Development Incentive Policy for the City of Lee's Summit, Missouri.
On October 1, 2015 the City Council amended the policy by adoption of Ordinance 7725
On January 4, 2018 the City Council amended the policy by adoption of Ordinance 8322
On January 14, 2020 the City Council amended the policy by adoption of Ordinance 8801
On April 26, 2022 the City Council amended the policy by adoption of Ordinance 9804
On August 8, 2023 the City Council amended the policy by adoption of Ordinance 9723
Presenter
Ryan A. Elam, Assistant City Manager