Good morning, MBA readers,
Just when we thought Jackson County’s property assessment woes had hit a boiling point, officials now say there are tens of thousands more properties that experienced steep increases in value. Elsewhere, Columbia is moving forward with plans for a new airport terminal. Plus, Kansas City is getting a new official in a top economic development post. Scroll down for these and other top business headlines from around the state.
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KC’s economic development chief resigns
Bob Langenkamp, CEO of the Economic Development Corp. of Kansas City, is leaving the organization after five years, with plans to transition to a real estate and development role. Greg Flisram will replace him on an interim basis. (Kansas City Business Journal)
Columbia taps KC firm for airport terminal design
The city of Columbia will pay $1.3 million to Burns & McDonnell, a Kansas City-based architectural firm, to design a new terminal for Columbia Regional Airport. (Columbia Missourian)
St. Louis public company reorganizes with new executive post
Networking cable-maker Belden has elevated Roel Vestjens, executive vice president of the firm’s industrial solutions segment, to the newly created position of chief operating officer. (St. Louis Business Journal)
Coal tycoon dies in helicopter crash
Chris Cline, the billionaire who founded St. Louis-based Foresight Energy, was among seven fatalities in a helicopter crash in the waters off of Walker’s Cay in the Bahamas. Cline resigned from Foresight’s board in 2017 and retained a 27% stake in the company. (Associated Press)
Ameren files for second rate decrease in a year
Ameren Missouri has filed a proposal for a $1 million reduction in its revenue from rates. A residential customer using 1,000 kilowatt hours a month would save 3 cents a month starting May 2020. (Associated Press)
Harrisonville roofing company sued for fraud
Missouri Attorney General Eric Schmitt has filed a lawsuit against Apex Contract & Roofing and its owner Jason Stewart for fraud totalling over $70,000. (Missourinet)
Say that again
“We’re bringing a completely new model to the table. And, you know, this is something that is sometimes tough for people to jump on board with.”
That’s David Hensley, principal at Bar K Dog Bar, a Kansas City-based business that combines a dog park with a restaurant and bar. Hensley plans to bring the pet-friendly concept to St. Louis and Oklahoma City and expand to 10 markets in five years, Startland News reports. Bar K, which opened in 2018, was awarded the People’s Choice Award at the Economic Development Corp. of Kansas City’s 2019 Cornerstone Awards.
That’s how many real estate parcels in Jackson County saw an increase in valuation of more than 50% after the recent controversial reassessment, KCUR reports. The county previously estimated that there were 2,000 parcels that saw a 50% hike in value. In light of the new discovery, the Jackson County Board of Equalization has decided to consider pushing the deadline for reassessment appeals past Monday. Some local lawmakers have suggested extending the deadline another month.
Hello, my name is
The former director of diversity and inclusion for Ameren has been named the company’s vice president of sustainability and electrification, the St. Louis Post-Dispatch reports. In her new role, Mizell will develop electrification strategies that balance benefits to the company and the environment. Her appointment comes as local activists in the state criticize Ameren over inadequate cleanup of coal ash ponds.
It’s been a pleasure doing business with you this morning.