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Council sets Oct. 20 hearings for urban renewal amendments and ADR Axles development agreement; incentive updated to $900,000
Summary
The Perry City Council set Oct. 20, 2025 hearings to consider amendments to the Perry urban renewal plan and to consider a development agreement with ADR Axles USA that updates the previously discussed incentive to a not-to-exceed $900,000 over the project term. Council members said the update aligns local incentives with competing site offers.
Councilors approved resolutions setting public hearing dates (Oct. 20) to consider amendments to the Perry urban renewal plan and to consider a development agreement with ADR Axles USA that would permit annual tax-increment appropriation payments and set…
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