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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
May 20, 2003
Page
2
City officials describe an unprecedented budget crisis with decreasing revenues. Mullins notes a 2.194 million shortfall this year and a potential rise to 3.3 million in 2004, cushioned only by reserves. Officials warn bond ratings could drop if reserves fall, prompting uncertain paths forward.
Farmland proposes an 180 acre master planned project near K-10 and O'Connell Road in Lawrence with about 90 acres for residential use and potential for a grocery store and other tenants. City plans may limit large scale retail. annexation and major road and sewer improvements are needed before development can proceed.
Lawrence County commissioners warned in a letter to a Kansas City bankruptcy judge that cleanup costs and environmental risks at the eastern Lawrence fertilizer plant could derail a $5.8 million deal to sell 180 acres of farmland nearby. Farmland Industries spokeswomen said cleanup plans would be pursued by buyers, with equipment sales prioritized. officials cautioned that lack of cleanup data delays any potential county purchase.
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