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Sedalia approves $525,000 reimbursement agreement with developer for Mill Street improvements
Summary
The council approved an infrastructure development agreement with Holland Holding Company LLC to support redevelopment near East Third Street. The developer will build stormwater, sidewalks and street lights; the city will reimburse up to $525,000 in certified construction costs over 10 years and provide paving materials and light fixtures.
The Sedalia City Council approved an infrastructure development agreement with Holland Holding Company LLC that will require the developer to construct stormwater improvements, sidewalk curbs, and street lighting on the south and west edges of a redevelopment site at 521 East Third Street.
Under the terms presented to the council, Sedalia will reimburse Holland Holding…
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