Megasites Development Program
Research and input from economic development experts indicate that there is a shortage of large sites that can be successfully developed in the desired 1-2year time frame. DCEO intends to offer incentives to encourage infrastructure investment in large industrial sites, in order to make such sites viable alternatives for large economic development projects. A grant provided through this opportunity will support site readiness planning activities and infrastructure investments needed to prepare industrial property to support investment to Winnebago County and new job opportunities in the industrial sector. Mandatory requirements: • Minimum developable acreage: 200 • Eligible entities: Government entity located in Winnebago County that has a documented agreement with a private entity that meets the following requirements: o Reflects that the applicant has authority to perform work on at least 200 contiguous acres of land in Winnebago County o Reflects that the private entity has an executed REV agreement o Reflects that the applicant intends to support the private entity's REV agreement through the project described in the applicant’s application • Current zoning: Industrial
Award Range
Not specified - Not specified
Total Program Funding
$3,000,000
Number of Awards
Not specified
Matching Requirement
Yes - 50% match required.
Eligible Applicants
Additional Requirements
Eligible Applicants include: 1. Must be a government entity 2. Must be located in and serving Winnebago County 3. Must have a documented agreement with a private entity that meets the following requirements: • Reflects that the applicant has authority to perform work on at least 200 contiguous acres of land in Winnebago County • Reflects that the private entity has an executed REV agreement 3 • Reflects that the applicant intends to support the private entity's REV agreement through the project described in the applicant’s application
Geographic Eligibility
All
Application Opens
July 22, 2024
Application Closes
August 21, 2024
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