City of Osage Beach cancels alderman meeting after outlet mall project canceled
OSAGE BEACH, Mo. (KMIZ)
The Monday Board of Aldermen meeting for the City of Osage Beach has been canceled after the city received a letter terminating the funding agreement with Osage Beach Marketplace LLC for the Outlet Mall project.
In a release, City Clerk Tara Berreth says that "pursuant to Section 3 C of the Funding Agreement we treat the termination of the agreement as a withdrawal of the application for Tax Increment Financing. We understand that the letter as a withdrawal of the TIF application and all associated requests
for development assistance."
On Thursday night, officials instructed consultants to stop work on this project.
