[{"_1":2,"_87":-5,"_88":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6598639,"mediaKeyId","3032461-8e069529ff3eaccb94bf0caac4d51c87","parentId",3032461,"title","Committee approves series of contracts, amendments and property actions; several items forwarded to council","audioSeconds",1328,"startMs",2065000,"endMs",3393000,"viewUrl","/Search/View?dp=1&key=3032461-8e069529ff3eaccb94bf0caac4d51c87&start=2065&end=3393","thumbnailUrl","https://assets.pipeline.soar.com/3032461-8e069529ff3eaccb94bf0caac4d51c87/thumbnail_2065000.jpg","articleUrl","/articles/6598639/Overland-Park/Johnson-County/Kansas/Committee-approves-series-of-contracts-amendments-and-property-actions-several-items-forwarded-to-council","mediaUrl","https://secure.pipeline.soar.com/6598639-11d461cce0571666925da9c6357ba995/orig.mp4?Expires=1771161565&Signature=GnxDaWtpDOfgNblkZw131BYvREn3GJOKb4M8mKq3tdYnt-sYK7hYAwY5fhaUTsNN8Kel3MmfNaqJYD-stLZxXPGA8bcZBRkhukYnutH4Hetitk64SeaP-TlcacCuyJWTPDoAyxG4p6knfU15O90sNByviIOFuwJWeBXcBOtsyqmHxbT0K2merAH3CmluumzAsFO5iab2WctHhgwLNW0yPt1llJ9~OReFlyFEIZZyTpgKOYEkNQCvG6dD~3JB8HqrrYjHgfN0JdvrlR6KKsaKVScWVAIos8J572lytVqR4wCmyTaKK5GMeGUs1H8hdAGm-heMpwriFrZ7SzQXcLxoZA__&Key-Pair-Id=KUT5TJCACFTXG","author","Overland Park","date","2025-04-16T00:00:00Z","article","The Finance, Administration and Economic Development Committee on Wednesday approved or recommended a slate of administrative and procurement actions, forwarding most for City Council consideration or authorizing staff to proceed with negotiations.

Key votes included: approval to negotiate a real-estate contract to sell remnant property adjacent to 4702 (to Chapman 3 LLC); first- and sixth-amendments to development agreements that extend performance milestone deadlines for Gallery 115 and City Place; an extension to resolution No. 4802A connected to an EDRB expiration; authorization to proceed with a municipal addendum to TIPS cooperative purchasing contract No. 241001 for HVAC replacement at a state building data center; authorization to negotiate a three-year extension to a security vulnerability monitoring contract with Yellow Dog Networks; authorization to negotiate a five-year amendment with CivicPlus LLC for a hosted website and related services; a waiver of the bid process to negotiate a construction-manager agreement with Monarch Build for a Convention Center restroom remodel; and approval of committee minutes.

Most motions passed by unanimous voice vote. Committee members and staff provided brief presentations or explanations for each item:

- Remnant property (Chapman 3 LLC): Jack Messer (assistant city manager) said the city acquired a narrow remnant parcel during highway-related right-of-way work; neighboring owner Chapman 3 LLC proposed to survey, close and assume maintenance for an estimated cost to the buyer of roughly $3,840. Staff recommended the sale because the remnant parcel is not needed for city operations and is functionally undevelopable. The committee approved directing the city manager to close the sale and return the contract for final council action.

- Development agreement amendments (Gallery 115 and City Place): Curtis Holland, legal counsel for Block Real Estate Services, asked the committee to extend milestone completion dates by about two years for two long-term, phased development projects. Holland described the request as driven by persistent market challenges — supply delays, higher materials and labor costs, and higher interest rates — and said the developer remains committed to the projects. City staff said the requests are customary and that incentive windows and earned-credit features in the agreements continue to motivate timely build-out. The committee recommended the resolutions extending the agreements to the City Council.

- EDRB extension (Resolution No. 4802A): Staff requested an amendment to extend the expiration date for an Economic Development Revenue Bond (EDRB)-related item tied to City Place; the committee recommended Council authorization to extend the resolution.

- HVAC replacement (TIPS cooperative contract No. 241001): Mike Joseph of Facilities Management summarized a $345,718 contract to replace end-of-life HVAC units at a city data center (Myers State building). The units serve critical IT cooling needs. Stone Sage (CIO) explained the city is continuing a hybrid approach to on-premises infrastructure for life-safety and low-latency systems even as some workloads migrate to cloud services. The committee recommended City Council approval of the municipal addendum for HVAC services with the Fagan Company.

- Cybersecurity monitoring (Yellow Dog Networks): City IT staff requested authorization to negotiate a first amendment for continued security vulnerability monitoring for an additional three years in an amount not to exceed $361,775. Staff described the platform as a continuous monitoring service that identifies vulnerabilities and supports patch/mitigation workflows. The committee approved staff authorization to negotiate and recommended the agreement to the council.

- CivicPlus website platform: City staff presented a request to negotiate a five-year hosted software-as-a-service agreement with CivicPlus for a new external website and related modules (resident service requests/311, records request management, venue-specific microsites, ADA services, and translation). Staff said they negotiated a substantial discount (staff cited a 61.24% overall discount across the five-year term) and proposed funding the first-year costs from CIP funds that had been set aside for an intranet replacement. The committee authorized staff to negotiate and recommended council approval to proceed.

- Convention Center restroom remodel (Monarch Build): Facilities staff reported no qualified proposals were received from the formal RFP process for construction manager services. Staff proposed waiving the bid process and negotiating directly with Monarch Build — a local firm — to deliver a $350,000 restroom renovation project (upper-level prefunction restrooms). The committee approved the waiver and directed staff to negotiate a construction-manager agreement and follow-up task orders.

- Minutes: The committee approved the minutes from Oct. 16, 2024 and Feb. 19, 2025.

Committee members and staff said they will return final contracts, resolutions or agreements to the City Council as required. The committee discussion emphasized project readiness, vendor selection, vendor risk management (for hosted services), and preserving incentive accountability for development agreements.","mediaType","Video","parentTitle","Overland Park - Finance, Administration and Economic Development Committee - Apr 16, 2025","oneSentenceSummary","The Finance, Administration and Economic Development Committee on Wednesday approved or recommended a slate of administrative and procurement actions, forwarding most for City Council consideration or authorizing staff to proceed with negotiations.","taxTitle","Overland Park, Johnson County, Kansas","taxId",4679,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6598643,"Committee directs staff to pursue property-tax rebate for ‘Project Turtle’ at Spirit/Esperia campus",1806,97000,1903000,"/Search/View?dp=1&key=3032461-8e069529ff3eaccb94bf0caac4d51c87&start=97&end=1903","https://assets.pipeline.soar.com/3032461-8e069529ff3eaccb94bf0caac4d51c87/thumbnail_97000.jpg","/articles/6598643/Overland-Park/Johnson-County/Kansas/Committee-directs-staff-to-pursue-property-tax-rebate-for-Project-Turtle-at-SpiritEsperia-campus","https://secure.pipeline.soar.com/6598643-2cb6e89f1f708759b93ede34192eaadf/orig.mp4?Expires=1771161565&Signature=NYYJs8~RRFa9WLb2jZhkQeuhUjGTLnkAyKzGoPrLKnxE5171sYwhMPfjzqSPlTzNqPO9FkPRUxEGefgB8uljWgBEsCX7Gc44huQ8pu3MDB5oSIOhqw6HEuGUavbi7ncKWY~XjlOzuRms0fQlUfmzCGUEyvZRXAlvWBgFocWFcnU0H2C6t8EPaIUiqFl8YCgIV1sS6lL-Kjn7K3Dcy~Gq4CcutRkhq1asPf17e4kt6TWceMMgXzIz3Ip3ljE6adqkDFQT5w4Ru9hMc5IfJKio60tPUgVF2URynxKqLvM-t0V-iVTArFAZNVUyne6OcdVd6nMhoIH2AogIV-PPDWmzdA__&Key-Pair-Id=KUT5TJCACFTXG","The Finance, Administration and Economic Development Committee voted unanimously Wednesday to direct city staff to negotiate a 10-year property-tax rebate agreement for a project identified in the selection process as “Project Turtle,” which would lease roughly 420,000 square feet on the Esperia (Spirit) campus and commit to hiring 2,000 full-time employees by March 15, 2030.

The proposal matters because the company — described in the presentation as a Fortune 500, fintech firm — would bring a large office hub and substantial payroll to Overland Park, while reusing existing commercial buildings rather than triggering new construction on greenfield land. Mayor Scug called it “the biggest job creating project that we've worked on in my time,” and city staff said the average annual salary is estimated at $125,000.

City staff and outside consultants told the committee that the tenant improvement estimate for the two existing buildings is about $125,000,000 and that the company is seeking a property-tax rebate to offset part of those upfront renovation costs. The rebate proposal is structured as a reimbursement: the tenant would pay property taxes and then apply to be reimbursed under the terms negotiated by staff. Mayor Scug and consultant Alec Leith said the rebate would not include revenue otherwise distributed to Blue Valley School District or Johnson County Community College, at the company’s request.

“We're using the name Project Turtle…we don't release the name until the organization is ready to announce,” Mayor Scug said, explaining the code-name and the city’s role. Alec Leith, the site-selection consultant, said the company performed a regional search and selected Overland Park after visiting several candidate markets, and described the project as a “regional headquarters/operating hub” with a multiyear hiring commitment.

Committee members pressed on several details before voting. Councilmember Scott Moser said he generally prefers reusing existing office space rather than new builds and welcomed that this proposal uses existing buildings on the Spirit campus. He asked about the length of the proposed lease and how the rebate period aligns; staff said the lease is for 15 years while the rebate term being considered is 10 years. Committee members also asked how many local employees would transfer from other company sites; the consultant said he expected at least several hundred transfers and estimated the project could yield “at least a thousand people locally” over time but cautioned that precise transfer numbers are not committed by the tenant.

Officials provided a rough fiscal estimate for the city portion of the rebate. Staff said the city’s direct portion of the rebate would be about $1,300,000 over 10 years under the assumptions shown in the staff report, but stressed the estimate depends on future assessed valuation growth (the presentation used a 5% annual valuation growth assumption). City staff and the mayor said the final agreement would include clawback provisions if the company does not meet its job, payroll or investment commitments.

The committee’s motion — to recommend the City Council direct staff to prepare a property-tax rebate agreement for Project Turtle on the terms outlined in the staff report — passed unanimously; the motion was seconded and the committee chair called the question.

Next steps: staff will negotiate terms and return to the City Council for approval of the final rebate agreement. The presentation and committee discussion identified remaining variables for negotiation including final rebate calculation mechanics, clawback language, and the precise scope of property tax streams covered by the rebate.","The committee voted unanimously to ask staff to negotiate a 10-year property-tax rebate agreement for a Fortune 500 fintech project called “Project Turtle” to occupy about 420,000 square feet at the Esperia/Spirit campus, with a commitment to employ 2,000 workers by March 15, 2030 and roughly $125 million in tenant improvements.","actionData","errors"]

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Committee approves series of contracts, amendments and property actions; several items forwarded to council

Committee directs staff to pursue property-tax rebate for ‘Project Turtle’ at Spirit/Esperia campus