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Council adopts superseding addendum to Redevelopment Plan, adds Midtown area
Summary
The Sedalia City Council on Jan. 13 approved Bill 2024-227, adding the Midtown Residential area to the city's redevelopment plan and declaring that area blighted to permit tax-abatement and city incentive tools.
The Sedalia City Council on Jan. 13 gave final passage to Bill 2024-227, an ordinance approving a superseding addendum to the Sedalia Redevelopment Corporation’s redevelopment area that adds the Midtown Residential area and declares that area blighted and in need of redevelopment.
The ordinance, first approved for second reading and then for final passage, directs the Redevelopment Corporation to use the development plan approved May 18, 2020, with the superseding addendum to include Midtown. City Attorney Joe Lauber gave a presentation to the council explaining the structure and purpose of the Chapter 353 redevelopment plan, including its use of tax abatement and other economic-development tools.
Why it matters: the ordinance formally designates the specified Midtown area as blighted in order to allow redevelopment incentives, including tax abatement and city-funded incentives, intended to spur property improvements and investment in the designated area.
Council discussion and clarifications focused on how the Chapter 353 framework functions. Lauber and council members repeatedly emphasized that the plan is intended to make it easier for property owners to access benefits and incentives for redevelopment. One council member said the process is complicated and does not involve the city buying property outright; another asked for clarification that the plan would reduce impacts on other taxing jurisdictions by using city funds to cover portions of incentives.
The council took no additional amendments on the council floor and voted in favor on a roll call. The ordinance passed its final reading and was adopted.
Background: Chapter 353 redevelopment plans are a common Missouri tool municipalities use to declare an area blighted and authorize tax-increment or tax-abatement tools to promote redevelopment. The council’s action updates the existing redevelopment area and explicitly includes Midtown Residential under the Superseding Addendum.
Next steps: The Redevelopment Corporation will proceed under the updated plan; details of specific abatements or incentive agreements will be brought back to council as required by the ordinance or by subsequent agreements.
