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Excelsior Springs council approves tax abatement and development deal for 111 North Main
Summary
The city approved an ordinance letting Divine and Main LLC renovate 111 North Main Street with tax incentives: a Level C abatement (100% for 10 years, then 50% for five) tied to an estimated $361,003.42 in improvements; the public hearing drew no speakers and the ordinance passed unanimously.
The Excelsior Springs City Council approved an ordinance authorizing tax abatements and a development agreement for the renovation of 111 North Main Street, a contributing building in the Hollow Waters Historic District.
Neighborhood specialist Laura Mize said the application comes from Jeff and Lisa Watkins of Divine and Main LLC and described the project as converting the building to two…
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