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Leawood city council to review strategy to use sales tax to partially fund Ranchmart upgrades

Posted at 7:04 AM, Feb 18, 2019
and last updated 2019-02-18 08:04:02-05

LEAWOOD, Kan. — Monday evening Leawood city leaders will review a proposal to help pay for the renovation of Ranchmart North shopping plaza with sales tax dollars.

The owners of the mall at 95th Street and Mission Road have proposed creating a community improvement district (CID). Sales tax from items sold within the district would increase by 1 percent. The developers hope to generate $13 million through the CID to help fund the $47 million mall upgrade.

City council members will review the plan during a work session at 6 p.m. Monday inside city hall.

Renovations to the plaza include a modernized look, more green space and a new two-story building with office and retail space.

The city council will not host public comment on the proposal during Monday’s stage of the process.