Archive for Financing Incentives – Page 2

Independence, Missouri Developer Seeks Incentives While Raytown School District Protests

by Shawn Daniels · Comments (0)
01 Apr

IAS Partners, LLC has requested assistance in the form of incentives from the City of Independence, Missouri, with the help of Thomson Walker, LLC. The Developer seeks to rehabilitate the former Blue Ridge Cinema property by adding retail users, including Burlington Coat Factory.

Despite protests by the Raytown School District, the Independence City Counsel approved the Developer’s request for a Tax Increment Financing Amendment.

For background information about the development and incentive history, see “Raytown School District takes hard line on Independence TIF request.”

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Community Improvement District Petition Filed by Crackerneck Country Club in Independence, Missouri

by Shawn Daniels · Comments (0)
30 Sep

As reported by the Examiner, Crackerneck Country Club, Inc. has filed a petition for the creation of the Crackerneck Center Community Improvement District (“Developer Seeks Special Taxing District“). The CID boundaries include Interstate 470 to the east; by U.S. 40 to the south; by Cochise Court, 46th Terrace and Bass Pro Drive to the west; and by vacant, wooded land to the north. The Independence, Missouri City Council is scheduled to review the petition at its October 1st and October 15th meetings. Thomson Walker, LLC assisted the property owner with the CID creation.

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Tax Abatement Entices Xpedx to move to Edwardsville, Kansas

by Shawn Daniels · Comments (0)
18 Aug

The City Council of the City of Edwardsville, Kansas has approved the issuance of internal revenue bonds to incent Xpedx (a unit of International Paper) to move to a new site in Edwardsville.   The internal revenue bonds would allow for a 10 year, 60% real property tax abatement on the site.  As described in the Kansas City Business Journal, Xpedx currently has a distribution facility with approximately 180 employees in Olathe, Kansas.  Thomson Walker is representing the property owner in the transaction and assisted with securing the internal revenue bonds for Xpedx.

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Super TIF Approved for Antioch Crossing

by Shawn Daniels · Comments (0)
12 Apr

On April 20, 2012, the City Council of the City of Kansas City, Missouri approved a SuperTIF for the Antioch Crossing Tax Increment Financing District spear-headed by Developer, Antioch Redevelopment Partners, LLC.  Thomson Walker, LLC represented Antioch Redevelopment Partners on both the initial Tax Increment Financing and SuperTIF Incentives. The Kansas City Business Journal highlighted the approval.

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