Mon. Nov 25th, 2024
When the Osage Beach Board of Aldermen gets together on Thursday of this week, the board is expected to put a final stamp of approval on the proposed Lakeport Village Community Improvement District.
The official C-I-D will allow the developer of the $300-million resort and entertainment district, complete with a big ferris wheel, to impose a sales tax and a special assessment to help fund the project.
The C-I-D will be governed by a board of directors and will cover a term of 27 years.
A second and final reading on allowing for the C-I-D highlights business on Thursday for the Osage Beach of Aldermen.
The meeting, in city hall, begins at 6:00