Subsidy Tracker Individual Entry
automobile assembly plant
The estimated value of the property tax abatement and the investment projection came from: Leslie Eaton, "Kansas City, Kan., Plans $775 Million of Taxable Debt for General Motors," The Bond Buyer, May 7, 1985.
The city agreed to issue $775 million in taxable debt to enable General Motors to qualify for the property tax abatement. The estimate of the abatement's value was for a ten-year period. Overlaps with main Subsidy Tracker data: none.