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Council tables Montage Apartments sales-tax-exemption request for two weeks amid calls for an incentives policy
Summary
A request for a sales-tax-exemption inducement for the Montage Apartments at 1051 North Merlin Road was pulled from consent and tabled while council asked staff for more fiscal detail and a consistent policy for multifamily incentives.
The Olathe City Council on May 6 tabled for two weeks an inducement resolution seeking a sales-tax-exemption-only industrial revenue bond for the Montage Apartments project at 1051 North Merlin Road. Council members said they wanted more consistent policy guidance and a clearer fiscal analysis before approving a sales-tax exemption for the multifamily portion of a larger mixed-use development.
Councilmember Kevin Schoonover moved to table Resolution No. 25-1034 for two weeks; Councilmember Gilmore seconded. The motion passed on a 6-0 roll call.
Staff and the applicant described the request as a sales-tax exemption specific to the multifamily lot (townhomes and…
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