The city of Wichita has launched a new website about community improvement districts, or CIDs, the special taxing districts designed to spur economic development in the city.
The website is available at www.wichita.gov/CID.
Two of the city's five CIDs will begin collecting taxes July 1. The Marriott Fairfield Inn & Suites Downtown and the Drury Plaza Hotel Broadview will open in the next few weeks — the Marriott on Friday, the Broadview next month.
Drury will add 2 percent to the sales tax charges at the Broadview to help finance the $29 million hotel renovation.
The Marriott project will also add 2 percent to the sales tax charges to help finance the $12 million project.
CIDs were created by the Kansas Legislature, and require local government approval — in these cases, from the Wichita City Council. The state law allows developers to petition municipalities to establish the districts, which can assess extra sales taxes of up to 2 percent to finance land acquisition and infrastructure construction.