The city of Lake Ozark approves a bank move as the Tax Increment Financing project on the south side of the city gets ready to open.
City Administrator Dave Van Dee says the CVS, Kohl’s, and Menards in the Shoppes at Eagle’s Landing are all working on specific timelines.
On Monday the city approved an ordinance that would allow Gary Prewitt, the developer of the Shoppes at Eagle’s Landing, to move his loan from Mission Bank in Kansas to Pulaski Bank in St. Louis.
CVS, Kohl’s and Menards are expected to generate between $50 and 60 million dollars in revenue for Lake Ozark a year, more revenue then what is currently being generated in the entire city.
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