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EDA approves incentive releases and directs property studies, including cell‑tower valuation
Summary
The authority approved release of a $280,000 incentive to Bosch/Lam (company exceeded capital investment but did not meet original job targets) and a $250,000 partial release to Delta Star for completed infrastructure milestones; members also authorized staff to investigate an independent valuation/site‑impact analysis for an SBA communications tower at 929 Wigington Road.
At its April 16 meeting the Economic Development Authority approved multiple committee recommendations on business incentives and property matters.
Incentive committee members recommended full release of a previously authorized $280,000 local incentive to Bosch and Lam. Committee materials said the company did not meet the original job‑creation target but exceeded capital investment projections and generated a positive fiscal return; the…
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