US Tower expansion moves forward
Sarah Steele of Gilmore & Bell, P.C., Wichita, and Travis Suelter, Vice President of US Tower Corp., appeared before the Lincoln city council June 10 to answer questions and concerns, and address tax abatement options during a public hearing.
Steele presented to the council Resolution 19-03, making amendments to Resolution 19-02. The amendments or changes include an increase of the bonds to be issued not to exceed $8,000,000. The council approved this resolution.
In answer to the company’s request for a 100 percent abatement on ad valorem property taxes for ten years, Steele presented a draft agreement for Payment in Lieu of Taxes for the city to consider.
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