Solar Developer Commits Up to $800,000 for Smith Road Improvements
Summit Ridge Energy, a solar farm developer, has committed to providing up to $800,000 for the engineering and construction of improvements along Smith Road, Manhattan Township officials announced Tuesday.
The significant financial contribution is part of a road use agreement negotiated between Highway Commissioner Jim Baltas and Township Attorney Cass Wennlund. The funds are intended to subsidize upgrades needed to accommodate the developer’s project.
According to the meeting minutes, the $800,000 commitment is not sufficient to cover the entire scope of the planned project, which involves widening Smith Road from Cedar Road to Kankakee Street. However, officials stated that the funds will “subsidize the majority of the project.”
The agreement provides a substantial boost to the township’s infrastructure efforts, leveraging private development to fund public road improvements. Details regarding the timeline for the Smith Road project and how the township will cover the remaining costs have not yet been announced.
Latest News Stories
Will County Committee Grants Extensions for Crete, Washington Township Solar Projects
Competing crypto plans create ‘narrow path’ for adoption
Congress used government funding bill to ‘erase’ $3.4 trillion in deficits
Will County Finance Committee Forwards 1.75% Compromise Property Tax Levy to Full Board
Illinois patient relies on ACA tax credits, experts warn they drive higher premiums
Trump rolls back tariffs on over 200 foods in sharp reversal
Trump says $2,000 tariff rebate checks won’t come before Christmas
Chicago mayor threatens layoffs, property tax hikes if council rejects head tax
Goldwater Institute sues Arizona attorney general for records
Illinois quick hits: Four officers injured during ICE protest
California asks court to end federalization of National Guard
Manhattan D114 Projects Flat Tax Rate Despite Higher Levy Request, Plans Abatement