KEARNEY — Annexation of a large tract of industrial property is scheduled to go before the Kearney City Council during three special meetings on Tuesday and Wednesday.
The first meeting is set for 7:30 a.m. Tuesday, followed by a second meeting at 5:30 p.m. Tuesday and the third meeting at 7:30 a.m. Wednesday. The special meetings are scheduled because annexations require three separate votes of the City Council.
The tract has a property tax valuation of $6,794,000 and is west of Kearney Regional Airport. The city’s overall valuation sits at $2,550,296,256.
A number of industrial businesses are operating on portions of the property and the rest is city-owned.
The annexation will add the property to the city’s property tax rolls and make it eligible for city services and development incentives. According to a memo to the council from City Attorney Mike Tye, a blight and substandard study has been requested for a redevelopment area within the tract to determine if the property would qualify for tax increment financing.
The council took the first step last week in annexing the industrial tracts by declaring the city’s intent to bring the land into city limits.
The industrial-zone property is located north of 39th Street, approximately 1,343 feet east from Cherry Avenue, north of Aeronca Street, west of Airport Road, south of Cessna Street — including Bellanca Street — south of 56th Street and east of Cherry Avenue and the new Kearney East Expressway.
According to a memo from Tye to the council, the annexation is comprised of several current industrial properties:
- L&S Industries Inc. at 4100 E. 39th St.
- DY-NA Tool & Mold Inc. at 4200 E. 39th St.
- Chief Industries at 4400 E. 39th St.
- Delux Manufacturing at 4650 Airport Road.
L&S Industries and DY-NA Tool & Mold recently consented to the annexation. The city has earlier annexation agreements with Chief Industries and Delux Manufacturing.
The city-owned tracts are at 4300 Piper Ave.; north of 4300 Piper Avenue, east of Cherry Avenue, west of Piper Avenue and south of 56th Street (not including Patriot Park); 4410 Airport Road; and 4580 Airport Road.
The meetings on Tuesday and Wednesday are open to the public and will be in council chambers at City Hall at 18 E. 22nd St.