260796: Notice to the City Clerk of The Old Foundation Community Improvement District’s Annual Report for the fiscal year ending April 30, 2026.

Description

Notice to the City Clerk of The Old Foundation Community Improvement District’s Annual Report for the fiscal year ending April 30, 2026.

Summary

The 2026 annual report describes the Old Foundation Community Improvement District, a Kansas City political subdivision created by Ordinance No. 11859 in 2011. The CID may finance district projects, levy and collect a sales tax, maintain public or private property, and support business and economic development. It reported no anticipated service costs initially. The board has five members with terms ending in 2027 or 2029. For fiscal year 2026, the City received the budget in January 2026 and adopted it in March. The board approved officer elections and a fiscal-year 2027 budget. The CID reported $106,433.27 in income and equal expenses, including administration, minor maintenance, and reserves, leaving a zero balance.