Known as “Project Sundance,” the manufacturing facility would be built at 1425 Kingsview Dr. by the Sundance Ltd. Partnership, according to an ordinance on Tuesday’s Lebanon City Council agenda.
The city has agreeed to sell the 17.7 acre parcel to the partnership for $814,000. A lawyer with the Thompson Hine firm represents the partnership in the documentation attached to the ordinance.
An addendum indicates the project is entitled to a 15-year, 100 percent abatement of property taxes that would otherwise go to taxing entities including the Kings Local Schools. The project also qualifies for permit fee waivers, according to the addendum.
The addendum refers to a letter to Robert Ryan, but city officials declined to identify the developer.
“The City has entered into a Non-Disclosure Agreement that prevents the City from disclosing the identity of the end user. The City Council packet released today, of which you have been provided a copy, contains the Legislation and attachments related to this project,” City Manager Pat Clements said in an email.
Clements did not immediately respond to questions about other subsidies provided on the project.
A map of the project attached to the ordinance and agreements indicates there would be office and manufacturing facilities and parking constructed.
City Council Meeting on Land Sale
7 p.m., Tuesday, Oct. 25
50 S. Broadway, Lebanon
For more information, call 513-933-7200.
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