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Cass County Supervisors set to hold their regular meeting Wed. morning

News

December 20th, 2016 by Ric Hanson

The Cass County Board of Supervisors will hold their regular weekly meeting 8:30-a.m. Wednesday in their Board Room at the Cass County Courthouse. During the session, they’ll discuss a Contribution to Cass County Agricultural and Education Association, an Amendment of Amaizing Energy Urban Renewal Area plan by adding Elite Octane property to area, and act on a Resolution setting date for public hearing on urban renewal plan amendment, as well as approving Professional Services Agreements with regard to the Gray Water Transmission Project, and the Glacier Road, Buck Creek Road and Echo Road Paving Projects.

During a special meeting Monday morning, the Board approved a Resolution providing for the initial authorization of an Agreement for Private Development with Elite Octane. The Resolution states that the board has adopted an ordinance providing for the division of taxes levied on taxable property in the Urban Renewal Area. The portion of taxes may be irrevocably pledged by the County for the payment of the principal and interest on indebtedness incurred to finance or refinance in whole or in part projects in the Urban Renewal Area.

The County would agree to provide incremental tax payments to the Developer in a total amount not exceeding $8.5-million, and the installation of certain public infrastructure improvements. Additional action on setting up the Urban Renewal Area and TIF agreement will not take place until a meeting in February, 2017.