New Prague approves industrial lot sale and secures $1.5M in grants for city projects

December 02, 2024 | New Prague City, Scott County , Minnesota

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New Prague approves industrial lot sale and secures $1.5M in grants for city projects

This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

In a significant update during the New Prague City Council meeting on December 2, 2024, city officials announced the approval of the sale of two lots in the industrial park to Quality Flow and Bevcom, marking a major step in local economic development. This expansion will allow both companies to enhance their operations within New Prague, with Scott Equipment also set to build a new office in the area.

The council highlighted the city's successful acquisition of over $1.5 million in grants throughout 2024, benefiting both the city and its residents. Notable grants included $6,500 from Scott County for recycling initiatives and $150,860 from the Minnesota City Participation Program, which enabled first-time homebuyers on the Le Sueur County side to access over $1.2 million in assistance. Additional funding was secured for various projects, including a $170,000 MnDOT active transportation grant aimed at constructing a sidewalk on Twelfth Avenue Southeast in 2025.

The meeting also addressed the city's tax levy, revealing an average increase of 4.37% over the past five years, with an average tax impact of 9.47% on residents. Council members provided a detailed tax levy summary, allowing residents to estimate their tax changes based on property value adjustments.

As the city moves forward, these developments signal a commitment to enhancing local infrastructure and supporting community growth, with officials encouraging residents to engage with the council on any questions or concerns regarding these initiatives.

Converted from New Prague City Council - December 2nd, 2024 meeting on December 02, 2024
Link to Full Meeting

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