An agreement to extend the contract with Brinshore Development for another year had been included for Mission City Council approval, but instead was supplanted by extending the current agreement 30 days to allow for new negotiations. Brinshore has proposed building a new 32-unit affordable senior housing project on the site of the old Neff Printing building on Martway.
The development was dependent on Kansas Low Income Housing Tax Credits, which it did not get this year. The council earlier this month suggested going another year with the project so Binshore can reapply for the tax credits. However, part of that consensus included the idea that Brinshore might cooperate with the city toward demolition of the building.
An agreement had been prepared for council approval Wednesday that called for the city and Brinshore to share the cost of demolition of the building, which has been estimated at $110,000. The purchase price agreed to by the city and Brinshore would be increased by the demolition bid. However, the agreement also called for the city to give Brinshore credit for its part of the demolition payment at closing.
The city and Brinshore had earlier agreed to a purchase price of $283,500 with Brinshore paying for demolition on its own. The proposed deal would have Brinshore fronting half the money for the demolition, but getting its upfront payment back if the project could close.
City Administrator Gerry Vernon said staff had misread the council’s direction for Brinshore to “have more skin in the game” in exchange for remaining the exclusive developer for another year, indicating the negotiated agreement was not acceptable. The 30-day extension gives staff time to negotiate a new agreement.