MASON CITY – Cerro Gordo County Supervisors approved an urban renewal plan today that would allow the county to provide incentives to Red Power, Inc. to expand their business. The urban renewal plan will allow the county to use TIF (tax increment financing) to assist in the development. Both the Clear Lake City Council and the Mason City City Council previously approved the plan even though the area is not in their city limits. The school districts of both cities, headed up by Superintendent Anita Micich, had no objection to the plan.
Watch video of entire meeting: