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KU Park Proposes New Payment Deal | Lawrence News
Description
Douglas County’s commissioners are weighing a bold new deal with KU Innovation Park: a 10-year payment plan that would let the tax-exempt park cover public services like police and fire for its long-term, for-profit tenants — without those businesses paying directly. The move follows last year’s funding cut, which sparked outrage over businesses benefiting from the park’s resources without contributing to local services. KU Innovation Park, a university-county-city partnership, is also asking to restore $60,000 in lost funding — a separate but equally critical ask. This balancing act pits economic development against fiscal responsibility, and commissioners must decide how to move forward.
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