Cole County Commission agrees to sponsor tax credits for soccer complex

A proposed soccer park could be coming to where a rock quarry is currently located near the Special Olympics headquarters off of Christy Drive. (Jeff Haldiman/News Tribune)
A proposed soccer park could be coming to where a rock quarry is currently located near the Special Olympics headquarters off of Christy Drive. (Jeff Haldiman/News Tribune)

The Cole County Commission has agreed to help with the development plans for a soccer complex to an area near the Special Olympics headquarters off Christy Drive.

United Capital City Soccer Club wants to have four to six fields located on nearly 21 acres in the area where an old rock quarry is currently located.

They have a little more than $3 million in funds raised and believe it will take $8.5 million to build four fields and $10.25 million to build six fields.

UCCS is a 501(c)(3) nonprofit organization, and is applying for tax credits with the Missouri Development Finance Board to help raise additional funds. To do that, they needed a municipality, such as the county, to sponsor the tax credit application. Although the county would be representing the soccer group as a sponsor, there is no liability to the county, he said.

On Tuesday, commissioners signed a resolution to be the tax credit sponsor for the project and signed an application for the sponsorship to the MDFB.

Luke Holtschneider, executive director of Jefferson City Regional Economic Partnership, said the tax credits would allow the project's donors to get 50 percent of a donation back in the form of a tax credit.

Holtschneider also said a draft application would be given to the MDFB for feedback before a final form is submitted. The board can authorize $10 million in tax credits per year.

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