Archive for Thursday, November 18, 2004

Officials weigh incentives for potential business

November 18, 2004

Basehor city officials are still considering what -- if any -- incentives to offer an area technology company considering Basehor as a permanent base for its operation.

Last week, the City Council heard from representatives from ABLE, Inc., a company that specializes in developing educational computer programs for insurance securities and real estate licensing.

Company executives told the City Council Basehor is one of several destinations they are considering for the home base of a 12,000-square-foot building that would house up to 45 employees and cost between $1.5 and $2 million. The company also is considering Bonner Springs, the officials said.

The City Council met Monday night to discuss possible incentives to offer the company. However, council members were unable to reach a consensus.

A meeting between Basehor city administrator and representatives from the Kansas Department of Commerce has been scheduled for Thursday afternoon. During the meeting, Fuqua and the state officials are expected to review possible state incentives that could be offered to ABLE, Inc.

Fuqua said the business has few disadvantages and that city officials would do what they could to land the company, which estimates a growth of roughly 20 percent per year for the next several years.

"They're real clean," he said. "They don't have any big trucks that go up and down the roads. They're not asking for anything. They don't want help on purchasing the land or construction of their building or anything.

"They've got their act together -- you want that kind of business in your community."

While many of the incentives the city could offer ABLE Inc. are unknown at this point, the city does have the neighborhood revitalization program in its hip pocket. The revitalization program offers property owners tax breaks for renovating more than 50 percent of their property's assessed valuation or for new construction.

ABLE, Inc. has been in business since 2001 and currently operates from a temporary location at Parallel Road and Kansas Highway 7.

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