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Sugar co-op to meet with LB 840 committee 
By Mark McCarthy, Star Herald Staff Reporter
May 16, 2011
 

The Rocky Mountain Sugar Growers Cooperative will be coming before Scottsbluffs LB 840 committee Tuesday.

Scottsbluff City Manager Rick Kuckkahn said there will be a closed meeting Tuesday to hear the cooperatives request. The committee will take the request under careful consideration before making a decision, he said.

"The cooperative is looking to retain 200 employees," Kuckkahn said. "Were going to have to be careful how we would structure the agreement so that we make sure that were not an investor."

Kuckkahn said the usual formula of $500 per employee could generate up to a $1 million request. He said the cooperative is looking into a state match of the funds that would reduce the citys LB 840 impact to $500,000.

"That would be a sizable impact on our LB 840 funds," Kuckkahn said.

Through standard procedures, the citys LB 840 fund has the money for the request, he said.

"In terms of installments, we have enough to satisfy their request," Kuckkahn said. "There would be a lot of discovery that will have to take place before we would do anything."