Lyon County approves Rock Rapids annexation support, TIF transfers and internal loan for economic‑development projects
Dec 28, 2015
Dec 28, 2015
The county approved a consultation response and executed a 28E road‑maintenance agreement with Rock Rapids, certified an urban‑renewal plan amendment, authorized TIF transfers and an internal $420,000 loan from the Secondary Road Fund to fund near‑term urban‑renewal road/culvert projects tied to economic development.
The full story
Lyon County supervisors approved a package of annexation and urban‑renewal actions tied to a voluntary annexation by the City of Rock Rapids and a plan to use tax‑increment financing for local infrastructure projects.
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