town-of-west-branch-city-council-meeting-agenda-august-4-2025_eeb.pdf
City Considers 20-Year PILOT for Southside I Housing
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Description
West Branch is considering a long-term PILOT agreement requested by DeShano Development Corp. for the Southside I apartments, proposing payments equal to 9% of shelter rents less utilities for 20 years in lieu of traditional property taxes. The arrangement would support a substantial rehabilitation financed with MSHDA low-income housing tax credits.
Contract Details
Vendor
DESHANO DEVELOPMENT CORP
Agency
Town of West Branch, KS
Contract Type
FINANCIAL_SERVICES
Document Date
August 4, 2025
Contract Term
20 years (requested PILOT duration)
Renewal Info
Initial proposed term is 20 years; any renewal terms would be defined in final Ordinance 25-02.
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West Branch Township Board of Supervisors Agenda 2026-06-01
West Branch Township Board of Supervisors Agenda 2026-06-01
West Branch Township Board of Supervisors Agenda 2026-06-01
town-of-west-branch-city-council-meeting-agenda-august-4-2025_eeb.pdf
town-of-west-branch-city-council-meeting-agenda-august-4-2025_eeb.pdf
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