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PUBLIC MEETING NOTICE MEETING OF THE BOARD OF DIRECTORS OF THE KANSAS CITY MAIN STREET RAIL TRANSPORTATION DEVELOPMENT DISTRICT THURSDAY, JULY 27, 2023, AT 5:00 P.M. 3931 MAIN STREET (MIDTOWN KC NOW)
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Local governments or municipal authorities who are planning to implement a main street rail project within a transportation development district (TDD) need the main street rail TDD government.
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Main Street Rail TDD (Transportation Development District) government refers to a special taxing district established to fund transportation infrastructure projects specifically related to rail systems and local transit operations in downtown areas.
Entities or individuals that wish to create or operate within a Transportation Development District focused on rail must file for main street rail TDD government. This may include local governments, transit authorities, and private developers.
Filling out the main street rail TDD government requires completing specific forms provided by the local jurisdiction, detailing the proposed project, financing mechanisms, and impact on the community. It's essential to follow any additional guidelines set forth by the relevant governing body.
The purpose of the main street rail TDD government is to facilitate the development and maintenance of rail transportation infrastructure, enhance local mobility, stimulate economic development, and improve the accessibility of urban areas.
Information that must be reported typically includes project descriptions, financial projections, tax revenue details, expected outcomes, and any agreements or contracts relevant to the operation and funding of the Transportation Development District.
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