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Monday, December 04, 2006

Planning Commission Meets TONIGHT 6:00PM Biodiesel on the Agenda

The major subject on the agenda of the Planning Commission tonight will be the biodiesel plant---the conditional use permit approval, the site plan presentation and approval as well as some variances for height of buildings etc. If you have an interest in the biodiesel--this would be the meeting to attend.

Also, as a side note, in the notes in background for the meeting, Ehlers and Associates, the financial consultants for the city, have adjusted the cash flow of TIF 7 to reflect the earlier implementation of the soy crushing plant. They say that "it is more likely to be constructed in 2010 or earlier. In the draft TID 7 project plan dated November 2, 2006, Phase 2 was proposed to be constructed in 2012."

The result would be "the additional projected increment in Phase 2 results in a projected closure of TID #7 district in 2026, as opposed to 2027 in the draft project plan."

So--it appears that everyone wants the crushing plant and sooner than originally planned. This would be another huge plus for the Evansville community. Stay tuned.

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