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Council sets hearings to amend urban renewal plan and convey land for proposed Hobo Renewable Diesel project
Summary
The council set consultation and public hearing dates to amend the Phase Three Lincoln Way Industrial Rail & Air Park Urban Renewal Plan to allow alternative incentives for Hobo Renewable Diesel LLC after the state sunset of the High Quality Jobs Act; staff said the amendment would permit tax rebates and tax-increment rebates as alternatives to the now-unavailable program.
Clinton City Council on March 24 authorized setting dates for consultation and public hearings to amend the Phase Three Lincoln Way Industrial Rail and Air Park Urban Renewal Plan and to consider a proposed purchase‑sale‑development agreement with Hobo Renewable Diesel LLC.
Nathan Overberg, participating online, told the…
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