The Maryville City Council approved an additional 10-year tax abatement for Kawasaki during its regular meeting on February 12.
The City of Maryville will issue up to $26 million in Series 2018 Industrial Revenue Bonds, which will be purchased by Kawasaki for equipment investment. The new equipment will be owned by the city and leased back to the company. The agreement allows a 50 percent tax abatement on new personal property for the 10-year bond period.
Kawasaki will make a Payment In Lieu of Taxes (PILOT) payment of $1,011,687.31, which is the remaining 50 percent of new personal property value. Over the 10 years, the Maryville School District will receive $730,529.66, while others will get the following amounts: Nodaway County, $17,254.23; Maryville Public Library, $41,007.55; and Maryville, $123,928.50.
The purchase of Trojan UV bulbs for the Maryville Wastewater Treatment Plant from Ray Lindsey Company, Belton, was approved for $34,704.98, less than the $35,000 budgeted. The bulbs disinfect the water that passes through the plant.
A public hearing was scheduled for Monday, February 26 for the annexation into city limits of 75.81 acres located along Jet Road owned by the Maryville Industrial Development Corporation.
A liquor license for Title Town Bar and Grill, owned by Tim Jackson, located at 130 North Depot Street, was approved with the contingency that the owner provide city staff with a viable tax identification number.
City Manager Greg McDanel, Aaron Dobson and Matt Gaarder were reappointed to the tourism committee for a three-year term while Northwest Missouri State University Assistant Vice President of Student Affairs for Campus Recreation Greg Hansen was also appointed to the committee.
McDanel stated in his report that staff was unaware of House Bill 2376, approved in 2016, prohibiting the design-build of non-civil works projects under $7 million. Design-build is when one company designs and constructs a facility.
The $4 million public safety building that the city was preparing to build will be affected. It will be required to utilize a full architectural design, which McDanel stated could be as much as six to 10 percent of the project, costing around $240,000 to $400,000 in fees. This would reduce the monies available for building construction. McDanel also stated that State Representative Allen Andrews has been working to get the bill amended.
Also in the city manager’s report, street maintenance has provided snow removal for three events this winter for a total of $6,810.56.
Staff is working on a list of streets to be repaired utilizing the $1.25 million budgeted for asphalt mill and overlay this year.
The City of Maryville’s budget is located on the city’s website for citizens to view.