The Clinton Herald, Clinton, Iowa

Local News

December 13, 2013

Railport changes upcoming for Clinton County land agreement

CLINTON — Changes are anticipated on a joint 28E agreement between the city of Clinton and Clinton County regarding the Lincolnway Railport project.

Clinton City Council members approved a proposal from county officials for an addendum to the joint agreement, and are now waiting for the Clinton County Board of Supervisors to make a final approval on the subject.

The current 28E agreement, created in 2009, is in place to ensure the city repays the county the $6 million that was pledged to develop the park. The agreement states that the county receives one half of the sale proceeds from a sale of property in the industrial park, and the other half goes to the city or the Clinton Regional Development Company at the city’s discretion.

The proposed addendum will define what the term “sales proceeds” refers to in the agreement.

“The determination of sale proceeds was made by the county Board of Supervisors because there was a bit of an ambiguity in the existing agreement between the city and county defining how the sale proceeds should be divided, and exactly what constitutes sale proceeds, more specifically,” legal representative for the city of Clinton John Frey said. “This simply confirms what the county Board of Supervisors did in determining what deductions should be made from sale proceeds, and determining the amount to be split between the city and the county.”

According to the addendum, the county requested that the term “sales proceeds” refer to specific expenses and deductions that will be subtracted from the gross sale proceeds.

Those expenses include abstracting costs, legal expenses, recording fees, property tax prorate, platting expenses, land or easement expenses as part of the sale and any other expense mutually agreed-upon by the county and city prior to, or after a property sale.

With the approval of the addendum, the city will be required to deduct all of those expenses from railport tenant RAIL.ONE, and then split the remaining proceeds with the county. Once sale proceeds from Nevada Rail Materials have been negotiated, the same deductions will take place.

 

 

1
Text Only
Local News
  • World Book Night 1 Clinton Public Library hosts largest World Book Night event in the country

    CLINTON -- With more than 21 titles and 800 copies to give away, what reader wouldn't adore an event like World Book Night? Organizers at the Clinton Public Library wondered the same Wednesday, and were pleased with turnout for the third annual event

    April 24, 2014 1 Photo

  • Officials: Future bright for Thomson prison

    FULTON, Ill. -- After more than 12 years of waiting, a long list of broken promises and millions of dollars worth of idle investments, the future is looking a little brighter for the Thomson Correctional Center. Following a $166.3 million federal bud

    April 24, 2014

  • 4-24-14 Golf cart tour photo National Wildlife and Fish Refuge to host golf cart tours THOMSON, Ill. -- Stewards of the Upper Mississippi River Refuge are hosting Refuge Golf Cart Tours that travel through the Upper Mississippi River National Wildlife and Fish Refuge. The tours are free and open to all ages. Trips are the first and th

    April 24, 2014 1 Photo

  • Man charged in meth case CLINTON -- A Clinton man has been charged with conspiracy to manufacture methamphetamine and possession of methamphetamine. Timothy W. Atkinson, 35, 1419 Honey Lane, was arrested Sunday after Clinton police executed a search warrant at his residence.

    April 24, 2014

  • Workers Memorial Day 2014 events scheduled CLINTON -- Working families, faith leaders and local officials will gather around Iowa, Friday through Monday, for a vigil to commemorate those who have perished or suffered injuries or illness on the job and to call on Congress to create safe jobs f

    April 24, 2014

  • Coalition alerting parents to underage drinking CAMANCHE -- There are two significant milestones that many students look forward to during their high school careers -- prom and graduation. However, because of bad decision-making, some students will never get to experience those rights of passage

    April 24, 2014

  • 4-24-14 Dutch Days Preview Photo Dutch Days: 40 years and counting

    FULTON, Ill. -- A spring-time staple will return for its 40th consecutive year. The community will come together once again May 2 to celebrate Fulton's heritage at the 40th annual Dutch Days Festival. Dutch Days committee chairwoman and City Alderwom

    April 24, 2014 1 Photo

  • Judge denies guilty plea withdrawal CLINTON -- A Clinton County District Court judge has denied a man's attempt at withdrawing a guilty plea. Eric R. Hook, 45, 900 S. 10th St., was sentenced last week to no more than five years in prison for willful injury causing bodily injury, a clas

    April 24, 2014

  • Man charged in meth case

    A Clinton man has been charged with conspiracy to manufacture methamphetamine and possession of methamphetamine.

    Timothy W. Atkinson, 35, 1419 Honey Lane, was arrested Sunday after Clinton police executed a search warrant at his residence.

    April 23, 2014

  • Judge denies guilty plea withdrawal

    A Clinton County District Court judge has denied a man's attempt at withdrawing a guilty plea.

    Eric R. Hook, 45, 900 S. 10th St., was sentenced last week to no more than five years in prison for willful injury causing bodily injury, a class D felony. He also was given a sentence of no more than two years in prison for domestic abuse assault, second offense, to be served concurrently.

    April 23, 2014

Facebook
Clinton
Camanche
Fulton
Clinton Herald photos


Browse, buy and submit pictures with our photo site.