With all of the attention focused on incentives these days, it is good to remember that incentives can only be awarded in Missouri if they promote a public purpose. There is no single statute which controls the definition of public purpose in Missouri. The courts have consistently held that as long as governmental action is designed to fulfill a public purpose, the wisdom of the governmental action is not subject to review absent fraud, bad faith or an abuse of authority. The fact that “fat cat developers” or multi million dollar corporations may also profit will not be a legitimate challenge to the award of incentives. Job creation and general economic development has been recognized by Missouri Courts as a valid public purpose.
Public Purpose as a Justification for Granting Incentives
No Comments
Categories
Recent Posts
- Mark Bryant Helps Midtown Kansas City McDonald’s Overcome Obstacles for Drive-Thru Approval
- Patricia Jensen Helps Housing Developer Cavan Companies Expand into Kansas City with The Bungalows in Northland
- Mark Coulter and Rouse Frets White Goss Attorneys Secure Development Incentives for Construction of AI Factory
- Rouse Frets White Goss Once Again Ranked Among Kansas City’s Largest Law Firms
- Rouse Frets White Goss Named Regulatory Compliance & Payment Protection Law Firm of the Year