WHEREAS, To promote and enhance the City of Lee’s Summit as a model community for economic innovation and growth fueled by a pro-business environment, diverse economic base and a commitment to strong relationships and work ethic.; and

WHEREAS, quality public schools are a vital component in creating a highly-skilled workforce; and

WHEREAS, quality public schools contribute to high quality of life for residents; and

WHEREAS, the $224 million no tax rate increase bond issue would not increase the district’s debt service tax rate; and

WHEREAS, the funds from the no tax rate increase bond would provide safety and infrastructure updates to aging facilities, as well as construction of a new middle school; and

WHEREAS, the no tax rate increase bond is estimated to create more than 750 jobs and an economic impact of approximately $290 million;

NOW, THEREFORE, be it resolved that the Board of Directors of the Lee’s Summit Economic Development Council, on this day, May 21, 2020, supports the Lee’s Summit R-7 School District June 2020 No Tax Rate Increase Bond issue for facility renovations and updates and construction of a fourth middle school.