[CPEO-IRF] Sunflower Ammo Plant tax value

[lsiegel@cpeo.org]

[The Sunflower Army Ammunition Plant was a non-BRAC - that is, it was
handled through the General Services Administration - base closure. - LS]

No current tax value at Sunflower, developer says 

Desoto Explorer (KS)
October 6, 2005 

Sunflower Redevelopment LLC wants to get its recently acquired 9,065
acres on the tax rolls but doesn't currently believe there is anything
of value on which to pay taxes.

The partnership of Kessinger/Hunter and Co. of Kansas City, Mo., and the
Denver-based International Risk Group acquired the Sunflower Army
Ammunition Plant in August for the commitment to clean up its
environmental contamination.

Kise Randall, executive director of Sunflower Redevelopment LLC, said
the property polluted from years of explosive manufacture and dotted
with structures thought to be explosive because of traces of
nitroglycerin currently has a negative value and, thus, no tax liability.

Sunflower property was leased for cattle grazing in the past and there
was some thought much of it would be taxed at agricultural value when it
was transferred to a developer. But Randall said exclusion zones and the
level of clean up activity will soon start at Sunflower and will make
cattle grazing or any other agricultural activity untenable.

...

For the entire article, see
http://www.desotoexplorer.com/section/news/story/4629

-- 


Lenny Siegel
Director, Center for Public Environmental Oversight
c/o PSC, 278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org
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