Council votes to support ADM's New Markets Tax Credit financing application
Council approved a resolution backing Archer Daniels Midland Company's New Markets Tax Credit financing application; councilmembers asked about effects on local reclamation and wastewater but staff said the expansion is internal and projected water use would not exceed local thresholds per the application.
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The council approved a resolution supporting Archer Daniels Midland Company’s application for New Markets Tax Credit financing. Council member Turpin moved the resolution and raised questions about how the ADM expansion might affect the local reclamation facility and wastewater flows.
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