When they met Monday, Leavenworth County commissioners approved agreements to spend a total $7.344 million to help extend utilities to a site near Tonganoxie for an economic development project. Under the agreements, the utility companies will pay back the money to the county over time as water and natural gas are sold through the extended lines. Atmos would pay back the money in five years. Suburban Water would pay back the money over 20 years. County Administrator Mark Loughry said during the meeting that the project could involve a large commitment by an established firm. He did not name the firm.
He said the company’s investment could be in excess of $400 million.
(Read more: Leavenworth Times)