a public private partnership to maximize economic well-being and opportunity in Clay County, Missouri |
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Additional Information about Industrial Development BondsTHE INDUSTRIAL DEVELOPMENT CORPORATIONS ACT permits authorized local authorities to issue IRBs in order to finance the costs of certain types of projects without prior voter approval.
Types of projects that may be funded with IRBs include industrial plants, warehouses, office buildings, hospitals, distribution centers, commercial facilities, agricultural facilities, and pollution control facilities. Land, buildings, structures, fixtures, machinery, and equipment connected with these projects may also be funded by IRBs. Excluded from this type of financing are facilities designed for the sale or distribution of cable-television or public utilities. Qualified 501(c)(3) bonds are issued to finance facilities classified as “nonprofit”. Clay County Economic Development Council • 110 NW Barry Road, Suite 210 • Kansas City, MO 64155-9985 Phone: (816) 468-4989 • Fax (816) 468-7778 • info@clayedc.com Links: Area Overview | Development Info | Area Amenities | Local Schools | Publications | Site/Building Info | Retail Info | Business Assistance Information | Business Financing | Where We Are | About the EDC | Board of Directors | Committee of 100 | EDC Committees | Platinum Crown Members | Staff | Clay/Platte Development Corp. | Industrial Development Authority | Northland Redevelopment Partners | Tax Increment Financing | Calendar | Recent News Summary | News Releases | Major Events | Business Survey | International Trade |
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© Copyright Clay County Economic Development Council Information provided by our visitors and members via onsite registration forms, e-mail and related communications enables us to complete their requests and provide servies related to membership, etc., and will not be sold or otherwise shared with third-party organizations. |
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