Wal-Mart Subsidies in Raytown, MO
Store Details
City | Raytown |
State | MO |
Address | Raytown Rd and Missouri 350 |
ZIP code | 64138 |
County | Jackson |
Type of Facility | Supercenter |
Year Opened | undetermined |
Value of Subsidies | at least $4 million |
Narrative
As of early 2007, the development agreement was still being negotiated. The Supercenter will anchor a new retail district and be located in a community improvement district (which imposes an additional sales tax in the district) and sales tax increment financing district. Approximately $20 million generated from the districts will be used to fund the relocation of a school currently located on the development site. Another $4 to $6 million will be used for on-site infrastructure improvements.