A proposed east-side Cabela's store moved a step closer this morning when the Wichita City Council set a March 8 public hearing on a community improvement district for the retailer.
The hearing will examine a proposed 1.2 percent sales tax that Cabela's would tack on at its proposed 80,000-square-foot store at K-96 and Greenwich Road. An estimated $17.2 million raised by the tax over 22 years will offset infrastructure, construction, site improvements, parking and landscaping at the $28 million store.
In addition, proceeds from the CID will be contributed to the construction of interchange improvements at K-96 and Greenwich, a project traditionally financed by tax money.
Also this morning, the council granted a one-year extension to a tax exemption for KGB, once known as InfoNXX, a directory assistance firm.
Action was tabled on a recommendation to deny an extension to CAP Carpet, 535 S. Emerson, while the company's owners negotiate a reduced tax exemption with the city.
And officials from Big Dog Motorcycles withdrew their request for a five-year extension of its tax abatement for industrial revenue bonds. Allen Bell, the city's director of urban development, said after the meeting that the company provided no reason for the withdrawal. City officials were recommending a one-year extension of the abatement.