Wind Farm TIF Urban Renewal Plan Passed To 3rd Reading
Date posted - October 27, 2015
Sibley, Iowa — There were no surprises at the Osceola County Board of Supervisors meeting on Tuesday morning, October 27th.
One of the items on the agenda was the second reading of an ordinance proposing the establishment of an Urban Renewal Plan that would provide Tax Increment Financing funds to the City of Harris to pay for upgrades to their sanitary waste system, as well as improvements to a section of White Avenue.
As expected, the supervisors passed on to the third reading the plan, which would use TIF funds from a wind farm project in northeastern Osceola County to finance the improvements and upgrades needed by the City of Harris. Again like the vote on the first reading, the second reading also passed 4-1, with Supervisor LeRoy DeBoer casting the lone dissenting vote. The third and final reading is likely to take place at the supervisor’s next meeting.
A public hearing on the issue was held October 20th, with several people speaking against the plan. A group of concerned citizens has promised to file a lawsuit against the county if the plan is approved.
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