The Wichita City Council is set to reconsider tax breaks for a developer after denying the incentives earlier this year. This time, the developer is asking for more.
Lange Companies is asking the city to approve industrial revenue bonds to finance improvements at its corporate headquarters at the former Royal Caribbean building in south Wichita, which Lange bought last year.
Under the city’s economic development incentive policy, a project like Lange’s qualifies for industrial revenue bonds to help finance it. But the council unanimously denied the April request for a sales tax exemption worth $112,500, citing concerns about offering tax breaks for corporate headquarters and without offering jobs promises and benefits to taxpayers…