The Finney County Commission on Monday approved an $887,288 bituminous surfacing project for $887,288 that will include overlay of Finney County Feeders Road, Mary Street from Jennie Barker Road to Farmland Road, and Jennie Barker Road from Mary Street to Six Mile Road.
The work will result in eight miles of improved roadway.
Bids were received on March 27 from Venture, APAC-Kansas, Inc., and Klotz Sand Co. The project was awarded to the lowest bid from Klotz, which was $100,000 below the county engineer’s cost estimate.
The financing will be split evenly between the Building and Road Maintenance Project Fund and the Special Highway Fund.
In other business, the commission approved a notice of public hearing regarding an application for tax abatement filed by Hi Plains Feed, LLC, which will be heard by the county commission at 10 a.m. April 16 in the commission room at the County Administration Building, 311 N. Ninth St.
The purpose of the hearing is to receive comments from the public and affected taxing entities on the advisability of granting the application for the abatement.
Hi Plains Feed recently expanded its facilities and increased its real estate value by more than $1.2 million to enhance the storage capability for raw ingredients.
The expansion followed project guidelines previously outlined in the application for the abatement, and the completed expansion of the property is set to boost the local economy of Finney County and facilitate new jobs at the company.
Craig Leach, general manager at Hi Plains Feed, said there have been five new hires over the last few months.
Under the tax abatement policy, Hi Plains would be entitled to an exemption for up to 10 years for each tax year beginning in 2018 and ending in 2027. The exemption would be coupled with an annual payment in lieu of taxes of 80 percent of the property taxes that would be due absent the exemption — in essence, a 20 percent discount on taxes for the property expansion.
The abatement would only apply to the new expansion, and property taxes would remain fully in place for the facilities that existed before the expansion.
Contact Mark Minton at firstname.lastname@example.org.