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Kansas City Business Journal: Court: Kansas City’s Planned Industrial Expansion Authority Used Flawed Appraisals

4/30/2010

A state appeals court ruled that a city agency submitted bad appraisals in a condemnation case on Kansas City’s East Side.

The Missouri Court of Appeals for the Western District upheld a Jackson County Circuit Court’s decision that the Planned Industrial Expansion Authority of Kansas City relied on flawed appraisals in its effort to convert the Horace Mann School into single- and multifamily housing.

If the ruling stands, the Ivanhoe Neighborhood Council, a nonprofit neighborhood advocacy group, will own the building and can resume plans to develop it into affordable senior housing. But lawyers for the PIEA, a city agency that grants property tax abatements for developers, plan to appeal.

Read more: Court: Kansas City's Planned Industrial Expansion Authority used flawed appraisals | Kansas City Business Journal