It was anything but the first time, and not likely to be the last,
that Lincoln and Logan County Development Partnership director Rob
Orr walked across the Broadway and McLean Street corner to go from
one meeting to the next. Last evening he was trying to be available
to answer any questions that might remain on the Sysco project. That
project is in its final stages with a staggering pile of complex
details, most to be completed by the July 1 groundbreaking, some
others at later dates.
Timeline more intense than an Irish jig
The primary Sysco development agreement is between the city of
Lincoln, Logan County, Lincoln and Logan County Development
Partnership, and Robert's Sysco Inc. A number of other agreements
between the various parties complete the package.
The county is purchasing the property, which consists of 52
agriculture acres and a small private property. These will be sold
to Sysco for $1 per acre for the company to build its warehouse and
distribution center.
Timing quandary
With all sights set on a July 1 groundbreaking, there is a time
crunch in getting the land purchased.
The city and county will be financing the project by debt
certificates. But debt certificates take 60 to 90 days to acquire.
The money is needed to purchase the land before the money is
available from the debt certificates.
The county has restrictions that the city does not in borrowing
money in such a case. So the city will take out a short-term loan on
behalf of the county. An additional intergovernmental agreement has
been added.
While the obvious focus has been on what the city and county are
doing in this process, Sysco has committed itself and is taking
risks as well. In the agreement the company agrees to build within
two years or reimburse the city and county for their costs. And if
in 20 years they do not have 150 employees, they will reimburse the
city and county for their expense in the project at $500,000 each.
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The final drafts of the agreements were reviewed by the various
members of the board, Terry Werth, county coordinator Dewey Colter
and State's Attorney Tim Huyett yesterday afternoon (Thursday).
Werth presented it for tentative board approval last night.
A few clarifying questions were raised, but there were no
objections.
Colter took a moment to address the board. He said that since
becoming county coordinator he has seen great cooperation between
all agencies and government entities. He complimented everyone who
has worked on the Sysco project, from the county and city officials,
lawyers and the development partnership to financial institutions
that have been involved. "I think we're going to see considerable
advancements down the line," he said. "Thank you."
A straw vote showed unanimous approval of all agreements.
Official vote will be taken next Tuesday, June 21.
Zoning approvals
Across the street the Lincoln Planning Commission approved a
zoning classification change from County Ag to City I-1 (light
industrial) for the acreage that will be purchased for Sysco.
The planning commission also approved special use for a real
estate office in a residential district at 512 Wyatt Ave. for Nellie
Tillman.
A request to approve the final plat for the Wal-Mart Supercenter
was postponed due to ongoing negotiations with adjacent landowners.
That property is also located in the same vicinity as the future
Sysco property. It is southwest of Burger King.
[Jan
Youngquist]
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