Posted on 06/28/2017 8:25:27 PM PDT by 2ndDivisionVet
A City Council committee on Wednesday endorsed a property tax break for a fast-growing insurance company to support the addition of 1,000 new jobs to downtown Kansas City.
The full Council votes Thursday on the proposal for Spring Venture Group, which hopes to move next year from its Crown Center offices into a largely vacant office building on West 12th Street.
“It’s very exciting. It’s a big job creator,” attorney Evan Fitts, representing Spring Venture, told the council’s planning, zoning and economic development committee.
Spring Venture Group has not yet signed a lease for the building at 120 W. 12th St., but Fitts told the committee the 12-year property tax abatement would help pave the way for that move.
He said the company is “bursting at the seams,” in its current location, and expects to create more than 1,000 new full-time jobs over the next six years, with an average annual salary of $72,000.....
(Excerpt) Read more at kansascity.com ...
If insurance giant PROGRESSIVE is still owned by Peter Lewis who reportedly donates large funds to extreme liberal causes then I could see how new companies could grow. No way I’d buy Progressive insurance and fund Peter.
Progressive once cancelled us after an accident and DIDN’T TELL US we no longer had insurance.
Not bad.
They do make a pretty good line of soups, don’t they ?
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