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City Council Work Session
September 27, 2023 @ 6:00 pm - 8:00 pm
CITY COUNCIL WORK SESSION
MEETING AGENDA
Wednesday, September 27, 2023 at 6:00 p.m.
CITY HALL
6090 Woodson Street
Mission, KS 66202
AGENDA
1. 58/Nall Tax Abatement Request – Laura Smith
John Moffit (MOJO Built, LLC) has submitted an application for consideration of Industrial Revenue Bonds (IRBs) for the purpose of tax abatement in connection with the development of a three story, 77-unit apartment project located at the corner of 58th Street and Nall Avenue.
During the work session we will review the project, share information from the City’s financial advisor regarding: (1) an analysis of the project’s financials; (2) the anticipated need for incentives; and (3) review of the Cost Benefit Analysis (CBA) for the project impacts. Additionally, staff and the City’s Land Use Attorney will discuss the key components of a performance agreement.
This item is anticipated to come forward as an Action Item on the October 4, 2023 Finance & Administration Committee meeting.