The Knox County Council has voted in favor of a preliminary resolution regarding a planned solar and battery storgage project.
The resolution deals with an economic development agreement with Iona Solar LLC regarding a proposed project in Harrison Township in southern Knox County. It designates the area of the project as an Economic Revitalization Area and sets up a proposed 10-year real and personal property tax reduction schedule.
County officials say that the company will invest an estimated $800 million dollars in the field and battery storage area and is not seeking a traditional tax abatement. They also touted that revenue generated would provide additional funding for local taxing bodies.
Council leaders also emphasized that the move was just an initial step in the approval process. There will be public hearings scheduled in the future to allow for comment and the matter still has to go to the Knox County Area Plan Commission (KCAPC) for review and acceptance.
St Francisville to contract out bridge repair work
U.S. Postal Service will be closed in observance of Juneteenth, June 19
Feutz sworn in as new Bridgeport Police Chief
JMR Farms to lease former Kaufmann building at airport
Chicago man charged after alleged molestation of local juvenile
Norris Electric has new general manager
Three sent to prison in Lawrence County
Flood Watch in effect for southeastern Illinois and southwestern Indiana
Three wanted people picked up by Lawrence County authorities
Three Lawrence County agencies get equipment grants
Counterfeit bills reported in southeastern Illinois
IDEM forecasts statewide Air Quality Action Day for Thursday
Illinois EPA takes action against Lawrenceville water superintendent
Governor Braun extends gas tax savings again
One killed in Wabash County grain bin accident
Unemployment drops in April across southeastern Illinois
Traffic stop in Lawrence County leads to multiple charges
