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Significant expansion proposed for Branson 76 CID

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The operators of the Branson 76 Community Improvement District are seeking to grow its footprint to over 1,000 acres from currently less than 100 acres.

The proposal scheduled to go before the Branson Board of Aldermen tomorrow would authorize an expansion of the 76-acre CID to 1,043 acres, according to the board’s agenda. That’s a roughly 1,457 percent size increase. The expansion would go into effect upon the board and mayor’s approval.

The CID first approved by voters in 2016 places a 1 percent sales tax on items sold at businesses within the district. It’s designed to shore up funding for planned infrastructure improvements to the city’s Highway 76 strip. 

Documents included with the Branson board’s Sept. 11 agenda show the assessed value of the CID would increase to $85.4 million from $7 million with the expansion. The increase would amount to a 1,111 percent change, factoring in city-owned property leased to White Water and Ballparks of America.

Additional sales taxes collected in the CID would be put toward the city’s $80 million to $100 million Highway 76 revitalization project, which last year was put on hold after new City Administrator Stan Dobbins took over the job. Dobbins has said former City Administrator Bill Malinen, who was fired in May 2017, left the city in a tough financial situation by misappropriating funds.

“Construction completion is based on available funding streams and a city commitment to being fiscally sound in the timing of expenditures,” the proposal for the board’s meeting tomorrow reads.

If aldermen approve expanding the CID, the district would collect an estimated $4 million annually. Half of the funding for the Highway 76 improvement project would come from the CID, with the other half funded by the city and potential state and federal mechanisms, according to the agenda.

Improvements to the Highway 76 CID area include road configuration changes, the addition of pedestrian walkways, way-finding signs and markers, and new streetscape amenities.

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