Commissioners approve nonbinding MOU with Lakeview RNG; enterprise-zone contract still required
Lake County commissioners approved a memorandum of understanding with the Town of Lakeview and Lakeview RNG outlining intentions for a potential enterprise-zone contract and tax abatements; the board voted 3-0 to accept the MOU pending future binding agreements.
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Commissioner James Williams presented a memorandum of understanding between Lake County, the Town of Lakeview and Lakeview RNG during the Sept. 30 work session, describing the MOU as a statement of intent rather than a binding contract. Williams said the MOU precedes a formal enterprise-zone agreement that would include tax-abatement details and noted the project anticipates phased construction and approximately $25 million in future plant additions.
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