{"id":5613,"date":"2016-07-27T07:13:37","date_gmt":"2016-07-27T07:13:37","guid":{"rendered":"http:\/\/javafurniture.com\/news\/?p=5613"},"modified":"2016-07-27T07:13:37","modified_gmt":"2016-07-27T07:13:37","slug":"legends-nebraska-furniture-mart-make-tax-payments-to-wyandotte-county","status":"publish","type":"post","link":"https:\/\/indonesia-furniture.com\/articles\/legends-nebraska-furniture-mart-make-tax-payments-to-wyandotte-county\/","title":{"rendered":"Legends, Nebraska Furniture Mart make tax payments to Wyandotte County"},"content":{"rendered":"

Kansas City Business Journal<\/h3>\n

The Legends Shopping Center<\/a> and Nebraska Furniture Mart<\/strong><\/a> have agreed to pay more than $6.6 million combined in delinquent property taxes to the Unified Government of Wyandotte County\/Kansas City, Kan.<\/p>\n

The Legends agreed to pay $3.856 million in delinquent taxes from 2015, bringing it up to date for property taxes owed, the Unified Government said in a release late Thursday. The Legends will make the payment by wire transfer on Friday, the release said.<\/p>\n

<\/p>\n

The Unified Government and The Legends also agreed to settle their dispute about the shopping center\u2019s assessed value, agreeing to set it at $105 million.<\/p>\n

Nebraska Furniture Mart made a partial payment of $2.886 million for 2013, 2014 and 2015 based on the value company executives think the building is worth. The company contends that the building is worth $30 million; the Unified Government sets the value at more than $70 million. The dispute about the building\u2019s valuation continues. The partial payment makes the company current for 2013.<\/p>\n

The Unified Government had said July 14<\/a> that The Legends and Nebraska Furniture Mart had withheld a combined $12.5 million in real property taxes amid disputes over how much they owed, which government officials said increased the difficulty of crafting a 2017 budget. On July 17, Mayor Joe Reardon directed Hays to resume talks with The Legends and Nebraska Furniture Mart about the disputed taxes.<\/p>\n

In a memo Wyandotte County Administrator Dennis Hays issued late Thursday to Mayor Joe Reardon and the Unified Government Commission<\/a>, Hays said that \u201c(t)he problem is not totally resolved, but we have made major progress.\u201d<\/p>\n

\u201cSo what does this positive news mean?\u201d Hays said in the memo. \u201cWell, it certainly eases the budget crisis we are wrestling with, but I need to be very clear \u2014 it does not take care of the problem. Even with these amounts being paid, the Unified Government still faces a large budget shortfall and will still be required to make many difficult decisions to cut expenditures in order to balance the budget.\u201d<\/p>\n

Hays said in the memo that The Legends\u2019 tax payment \u201cwill relieve in large part the severe budget crisis\u201d facing the Piper School District.<\/p>\n

Reardon and the commission authorized Hays\u2019 staff to continue negotiating with Nebraska Furniture Mart and requested a report on the talks\u2019 status at the budget workshop session at 4 p.m. Monday.<\/p>\n

Source : http:\/\/www.bizjournals.com<\/p>\n","protected":false},"excerpt":{"rendered":"

Kansas City Business Journal The Legends Shopping Center and Nebraska Furniture Mart have agreed to pay more than $6.6 million combined in delinquent property taxes to the Unified Government of Wyandotte County\/Kansas City, Kan. The Legends agreed to pay $3.856 million in delinquent taxes from 2015, bringing it up to date for property taxes owed, […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-5613","post","type-post","status-publish","format-standard","hentry","category-furniture-world-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/5613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/comments?post=5613"}],"version-history":[{"count":0,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/5613\/revisions"}],"wp:attachment":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/media?parent=5613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/categories?post=5613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/tags?post=5613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}