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Plans for new Neosho water tower are in the works - KOAM TV 7

Plans for new Neosho water tower are in the works

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Plans for a new Neosho water tower are in the works, as part of the budget discussion for the upcoming fiscal year.

Council members say a new tower could be crucial for the city's future.

Construction of a Love's Travel Plaza off Highway 86 in Neosho has city officials preparing for possible future development.

"I definitely feel that Love's being there will attract other businesses to come in and start developing on that Highway 86 corridor," said Troy Royer, City Manager.  "We need to be proactive and ready for that."

Royer says the plan is to construct a water tower on property next to Signature Granite, near the intersection of Highway 86 and  Interstate 49.

"By putting the tower in, it just eliminates our pumps running constantly to get the water flow up there," he said.

Without an additional tower, water pressure issues could become a problem if more businesses move in.

Employees at Signature Granite welcome the opportunity for further development.

"With more traffic, more people may stop in," said Todd Baker, Signature Granite employee.

City officials say the cost of building the water tower would be reimbursed by a portion of the sales tax revenue generated by new businesses built within the TIF district.

"The way the TIF works is that it recaptures 50 percent of any new tax generated in that TIF district, and comes back to pay the TIF for the debts of putting that infrastructure in," Royer said.

Royer says the TIF district that encompasses the Highway 86 corridor was established in 1999 in anticipation for future growth.

He says the construction of Love's is the beginning of just that.

"It is just another step of economic development and growth that we do want to see in Neosho," Royer said.

"It will be interesting to see how businesses do come in, in the future," Baker said.

Further discussions on the water tower will take place at the next city council meeting.
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