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The Rundown is prepared by the City of Newton Communications Office to summarize the City Commission meeting and does not represent official Commission minutes.
May 28, 2024 Newton City Commission meeting
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At Tuesday night’s meeting, the City Commission finalized a 10-year tax abatement for Bunting Magnetics most recent expansion.
Bunting recently completed its redevelopment of a 12,000-square-foot building at 1001 S. Spencer, which it purchased in 2022. The expansion represents a capital investment of $2.2 million and the creation of six new jobs. The tax abatement exempts property taxes for 10 years on the increase in valuation created by the improvements.
William Wesolowsky from Bunting noted the company plans to use the new facility to house operations of its recent acquisition of TD Wright, a manufacturer of magnetic cylinders for printing.
The Commission also approved a settlement with MetroPlains Properties on a loan used for the development of Lincoln Park Apartments. In 2002, the City received Community Development Block Grant funds from the State that were issued as an interest-free loan to MetroPlains to help redevelop Lincoln School into income-qualified apartments. The company since paid $5,100 on the $200,000 loan. In December 2023, the company asked the City Commission to consider forgiving $94,900 of the loan; the Commission rejected the request, and the City moved forward with foreclosure.
The City Commission on Tuesday agreed to accept MetroPlains’ follow-up offer to pay $169,900 on the remaining $194,900 debt. This releases the City’s lien on the property and facilitates its sale, which has been pending for some time. Commissioners said they saw this as a reasonable offer that will save further legal costs and will resolve the issue quickly for the benefit of the apartments' residents.
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- Approved a request from the property owner to rezone property at East 12th Street and North Logan from R-3 multi-family residential to C-2 general business district. The owner plans to use the property, where the old 1877 Meeting House is located, to make and sell pottery.
- Proclaimed June as Pride Month.
- Approved a request for various City services July 5-7 for the Mexican American Fast Pitch Tournament.
- Approved a request for snow fencing along West First Street on June 8-9 for the Junior Rodeo.
- Approved a request from Hillsboro Industries to vacate a utility easement on their property on East First Street near Hillside Road.
For more information, please contact Communications Director Erin McDaniel at 316-284-6055 or emcdaniel@newtonkansas.com.
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