City officials in Rochelle are moving forward in an attempt to bring in another industry for the community.
The city plans to seek a $750,000 C-DAP grant for project "Golden Prairie". The rail parts company will have around 100 employees in the 300,000 square foot facility.
The name of the company has not been released. It will have parts that will be used by the Nippon Sharyo railcar facility. The grant money will be used for a new well and storage tank along Hayes Road.
The Lee County Enterprise Zone is also expected to expand by 92.1 acres due to "Golden Prairie". The expansion will include a portion of the Prologis Industrial Park, north of Ritchie road, in Rochelle.
The council approved a bid of $831, 500 for the lift station at the intersection of Timber and Caron roads. It will be used for the growth in the southeast industrial quadrant. Grant money will pay for the project.
City officials received an updated financial report for the 1st 6 months of the fiscal year. Sales tax revenue is up by about $56,000 compared to a year ago.
The council is also looking at a tax levy increase of just over 8%. A home valued at $100,000 is looking at an increase of just over $14 a year.
A Tax Levy hearing will be held on December 10th during the council meeting before the final numbers are approved.
Jeff Sartorius was also introduced last night as the new Assistant Superintendent of Electric Operations. He had worked for over 30 years with Commonwealth Edison before accepting the position with RMU. He started his new job on November 13th.