Title
Public Hearing: Reinhart Foodservice, LLC Land Clearance for Redevelopment Authority redevelopment plan; Reinhart Foodservice, LLC, applicant.
Body
Issue/Request:
This is a public hearing for the Reinhart Foodservices, LLC LCRA Redevelopment Plan, which would provide sales and use tax exemption on construction materials and real property tax abatement for the proposed expansion of the company’s industrial facility which is operated by Reinhart Foodservice, LLC (the “Developer”) which is located at 290 SE Thompson Drive, in Lee’s Summit, Missouri.
The LCRA Plan provides for the expansion of the existing facility which is currently approximately 120,000 square feet, to approximately 170,000 square feet. The facility expansion consists of a freezer, cooler, dry warehouse and new employee entrance and breakroom areas. The LCRA Plan will establish public ownership during the construction of improvements for Developer to receive and use a sales tax exemption certificate for the purchase of construction materials that are used in the construction of the Project, and thereafter for a period of 10 years to facilitate real property tax abatement.
The LCRA Plan will establish public ownership during the construction of improvements for Developer to receive and use a sales tax exemption certificate for the purchase of construction materials that are used in the construction of the Project, and real property tax abatement at 84% for 10 years.
Key Issues:
Public hearing to consider the LCRA Redevelopment Plan for the Reinhart Foodservice expansion project.
Background:
On April 18, 2023, Developer made a conceptual incentive request to the City Council for the requested incentive package and received positive non-binding feedback from the Council.
On or about May 8, 2023, Developer filed the LCRA Redevelopment Plan with the City Clerk. The Plan as originally filed included a request for personal property tax abatement for the equipment and machinery tha...
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