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Perry City Council approves development agreement and tax-increment pledge for JBS Prepared Foods
Summary
The council approved a development agreement with JBS Prepared Foods that includes tax-increment payments described in the meeting as about $10 million and conditions on odor control and rendering operations; construction may not proceed until associated DOT RISE grant actions are finalized.
The Perry City Council on Aug. 18 approved a development agreement with JBS Prepared Foods, authorizing annual tax-increment payments and pledging certain TIF revenues to support the project.
City administrator Sven told the council the agreement includes an approximately $10 million tax-increment rebate and said staff worked with JBS on language addressing rendering and odor control. "They've been good to work with and we're excited to move forward with this development…
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