This may sound easy, but take into account four different parties,
two bound by limited voting opportunities, coordinating in one
agreement. Many processes and decisions have gone into preparing for
Sysco to be able to come here, and with the final stage here, many
other processes are yet to be completed. Officials are bending over
backward making provisions in an attempt to make the desired July 1
groundbreaking.
First in the order of business is the development agreement. It
must be signed by the city of Lincoln, Logan County, and
Lincoln/Logan County Development Partnership with Robert's Sysco
Food Services.
The next county voting session is on June 21. It will then fall
to the city for vote on June 28. Once the development agreement is
in place, attorney Kurt Froehlich can begin the process of acquiring
debt certificates that will be used to finance city and county
expenses in the project.
The county is responsible for the purchase of the land. Because
the debt certificates take 30 to 45 days to process and the money to
purchase the land is needed immediately and the county cannot
legally borrow money, but the city can, the city will arrange a
short-term loan. An agreement for repayment from the county will
need to be put in place to do that.
Following the finalized agreement the land will be purchased, and
closing is scheduled to take place by June 30.
In the middle of these dealings, the 52-acre parcel that will be
sold to Sysco at $1 per acre will be rezoned and annexed into the
city of Lincoln.
Other agreements and processes that
will be started for the construction development include:
Madigan Drive will be
extended and used for construction access to the site. It will be
paved after construction is completed and will probably be the main
truck entry and exit to the site.
A road connecting
Heitmann and Madigan will also be developed. As part of the project
development, it qualifies for 50 percent funding from the Illinois
Department of Transportation. The city will cover the other 50
percent of the cost.
All road development
directly connecting with Route 10 and Interstate 55 will receive 100
percent funding through an Illinois Department of Transportation
economic development grant. The grant covers costs between $200,000
and $2 million of the road construction costs, including engineering
fees, traffic signals and turn lane modifications.
[to top of second column in this article] |
-
The addition of two transformers.
The city will pay for the transformers. AmerenCILCO will provide
the labor
-
Gas lines will be run from Connelley
Road to the site.
The city, again, covers material costs. AmerenCILCO will provide
the labor.
- The city will assist with railroad spur access in any way they
can.
The property is already in the Lincoln/Logan County Enterprise
Zone.
The city is offering tax rebates on the 1 percent sales tax the
company pays in, as well as fuel sales tax rebates from their fuel
purchases for their trucking.
West Lincoln-Broadwell School also agreed to abate property taxes
for the next 10 years. In exchange the company agreed not to conduct
truck traffic around the school.
July 1 falls two weeks from this Friday. The council approved the
preliminary agreement, in which Mayor Beth Davis is given the right
to sign documents as soon as they become available.
Dalip Bammi, who represents Sysco in this project, said: "I'd
like to thank everyone for all the assistance to us and the
kindness. I cannot say enough about Lincoln, Logan County and the
development partnership. I truly believe that this will be
prosperous for all of us."
[Jan
Youngquist]
|