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Lebanon council approves $400,000 advance to ice cream plant after owner warns of job losses
Summary
Council authorized a Chapter 100 advance of up to $400,000 to fund electrical upgrades at the Ice Cream Factory to expand production and preserve roughly 39 jobs; the ordinance passed 6–1 with Councilman Evans voting no.
Lebanon, Mo. — The Lebanon City Council on Jan. 27 approved an ordinance authorizing the city to advance up to $400,000 in economic development funds under Chapter 100 to finance electrical upgrades at the Ice Cream Factory, a move supporters said will preserve jobs and expand production.
The measure passed after debate on a 6–1 roll call vote with Councilman Evans recorded as the lone no vote. Troy (city staff) introduced the request and said the advance would be used to amend an existing Chapter 100 financing arrangement and to allow the owner to draw funds through a trustee as work is…
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