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Council approves Chapter 100 bonds for VanTrust Raymore Building 4; councilors press for road fixes
Summary
The council approved taxable industrial revenue bonds for the Raymore Commerce Center South Building 4; VanTrust said Building 5 will house Church & Dwight, Building 4 is a 577,500-square-foot speculative building, and councilors pressed for faster repairs to South Dean/190 Fifth area.
Raymore City Council voted unanimously Sept. 8 to authorize taxable industrial revenue bonds and related agreements for Raymore Commerce Center South Building 4 under a Chapter 100 plan previously approved in 2023. City attorney/staff member Lee and bond counsel Sarah Granath of Gilmore & Bell told the council the issuance would cover about 38.4 acres and that the project contemplates roughly $40 million in taxable bonds.…
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