Lenexa council approves $1.8 million tax abatement for expanded UPS facility

United Parcel Service Inc. will receive a 10-year, 55-percent property tax abatement valued by the city of Lenexa at $1.8 million for the company’s $40 million expansion of its sorting facility at 14650 Santa Fe Trail Drive.

The Lenexa City Council unanimously approved the abatement, to go into effect Jan. 1, as part of its consent agenda at its meeting Tuesday. The council also authorized the city’s issuance of up to $40 million in industrial revenue bonds (IRBs), to close by Dec. 31, for UPS subsidiary BT Property LLC for the expansion.

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