KCRag Forum

mgsports wrote: ↑Wed May 12, 2021 4:32 pm Bradley coming soon.

Sani wrote: ↑Wed May 12, 2021 11:54 pm

mgsports wrote: ↑Wed May 12, 2021 4:32 pm Bradley coming soon.

Bradley, the commercial washroom equipment supplier? Bradley, the corporate law firm? A satellite campus for Bradley University?

You just need to type out a few more words in your posts to give us some context next time. Please.

Highlander wrote: ↑Wed Jul 28, 2021 2:09 pm Wow. The Wyandotte County Cerner tenure did not last long. Moving employees to South KC.

https://cityscenekc.com/cerner-plans-to ... hG_5EnVB6s

Highlander wrote: ↑Wed Jul 28, 2021 2:09 pm Wow. The Wyandotte County Cerner tenure did not last long. Moving employees to South KC.

https://cityscenekc.com/cerner-plans-to ... hG_5EnVB6s

earthling wrote: ↑Wed Jul 28, 2021 3:40 pm The bigger picture concern is what will the metro Cerner employment level become when the dust settles if they're allowing many roles to work from anywhere. And basing out of KCMO office means KCMO income tax so many will want to be based out of another office.

alejandro46 wrote: ↑Wed Jul 28, 2021 10:23 pm

earthling wrote: ↑Wed Jul 28, 2021 3:40 pm The bigger picture concern is what will the metro Cerner employment level become when the dust settles if they're allowing many roles to work from anywhere. And basing out of KCMO office means KCMO income tax so many will want to be based out of another office.

I already know two peole who have relocated to other major metropolises (Dallas and Chicago). No point in living in KC when they have ties elsewhere as long as they can still get direct flights to client sites. CERN used to have around 19K staff based in KC, however, consulting & sales who are more tenured will likely have no issues getting approval to relocate to other locations. The tech and finance folks will still be here, as well as others who may just be starting out in the company.

alejandro46 wrote: ↑Wed Jul 28, 2021 3:33 pm Unsurprising to me. This was in the works for awhile. It was a dumb decision to build the office there just driven by the lure of STAR bonds & Illig involvement in Sporting. I believe CERN will be hybrid, in person and remote depending on the team.

During the planning process, a new entity, Kansas Unified Development LLC, was created to develop the stadium and Cerner’s office complex. But government officials pushed for some sort of backing from an established and well capitalized firm in the case of a default.

That’s how OnGoal LLC, the parent company of Sporting Kansas City, came into play: it served as a guarantor and is responsible if Cerner’s development does not meet certain payroll requirements, officials said.

...


But the team could owe a penalty of up to $3 million per year over the next five years because, with Cerner gone, the company will not meet its payroll obligations — and OnGoal is responsible for those obligations. The state won’t look at those calculations for 2021 until early next year, officials said.

In a 2010 agreement with the state, Cerner was awarded $48 million for creating 4,500 jobs at the new campus in Kansas City, Kansas. It was the single largest award ever made in the state’s now-defunct IMPACT program.

The original deal called for Cerner to maintain 4,500 jobs or face a clawback provision for its incentives.

But about a year later, under the administration of Gov. Sam Brownback, Kansas amended its agreement with Cerner. Rather than uphold a certain level of employment, the company only had to guarantee that its payroll tax collections could pay back the original incentive amount.

Toland sees that as yet another irresponsible move by the previous administration. The change removed teeth from the original agreement and no longer required that Cerner maintain a large employment base in Kansas.

...

The company never met its original jobs goal and employed just over 3,000 people at its height, officials said. The largest private employer in the area, Cerner employs about 13,000 people locally and some 26,000 people across the globe.

...

In another unusual arrangement, the state won’t actually be responsible for collecting any clawbacks on the project. That responsibility will fall on the Unified Government of Wyandotte County, Kansas City, Kansas.

In 2010, the UG signed an agreement with the state that calls for county officials to use “reasonable efforts” to enforce the clawback provisions of the state agreements.

“As it stands now the UG would be required to enforce the clawbacks. However, all of the funds would actually go to the state,” said Katherine Carttar, economic development director for the unified government.

...

While the state gave Cerner nearly $50 million in incentives, the UG offered no local property tax incentives. The $144 million in STAR bonds awarded to help build the soccer stadium was not only fully repaid, but repaid years ahead of schedule as sales tax collections topped expectations in the Village West area.

...

“All of those projects, including these two office buildings, have been paying full property taxes since day one and will continue to do so,” she said. “So this has actually been a very successful project for the Unified Government.”