Council hears introduction of NewCold Phase 3 bond ordinance to fund $505 million expansion At its Oct. 14 meeting the Lebanon Common Council received the first reading of Ordinance 2025-32, a proposal to issue taxable economic development revenue bonds not to exceed $20.5 million to support NewCold’s Phase 3 expansion; the company and city officials said the bonds would be repaid with incremental property taxes and would not be a city-gu

Lebanon is gearing up for a massive $505 million expansion with NewCold, promising 200 new jobs and no risk to city funds!

Get the details!

#LebanonCityBooneCounty #IN #CitizenPortal #JobCreation #LebanonEconomicDevelopment #TaxRevenue