A growing, Missouri-based information technology company will be the new tenants at a vacant office building next to the Blue Springs Public Works facility at 500 SE Sunnyside School Road near Adams Dairy Parkway.
Deputy City Administrator Todd Pelham reports the company will not disclose their identity until all plans are finalized. However, he adds the IT group could reveal itself as soon as next week.
The existing 42,000-square-foot office building will be retrofitted to accommodate the company’s office operations, according to Pelham. “The (IT company) will consolidate several of their operations within the next two to five months at the facility,” he said. “There is also a projected 350 employee positions that will be brought to Blue Springs.”
The yet to be disclosed company was issued a principal amount of $800,000 in (tax-exempt) City Taxable Industrial Revenue Bonds for building improvements to convert the office building in order to facilitate operations. According to the Missouri Department of Economic Development’s website, under the sections 100.010 to 100.200 in the Missouri Revised Statutes, the state allows cities or counties to purchase or construct certain types of projects with bond proceeds and to lease or sell the project to a company. These types of bonds do not require a public vote.
“This is a state incentive the city utilizes in order to recruit companies,” Pelham said. “The city technically owns the building, but the company will repay the bond through their lease.”
Other items that were discussed at Monday’s City Council meeting was amending a city ordinance that will prohibit vehicle parking on both the east side of 14th Street Terrace and north side of Southwest Bishop Street. Director of Public Works, Chris Sandie, says the reason for prohibiting parking on 14th Street Terrace was that a number of residents complain of firetrucks or buses not being able to access the street due to a number of vehicles parked alongside it. He added that polling letters were sent to residents living on the specific street and a majority of them said yes to prohibit parking in the future. As for the Southwest Bishop Street prohibition, Sandie says that was due to parking conflicts that occurred during sporting events held at nearby Moreland Ridge Middle School.
At the end of the meeting, Blue Springs Muncipal Judge Don Lograsso was awarded a 10 year service pin by Mayor Carson Ross and Councilman Kent Edmondson was recognized for his five years of service as a City Council member.