Burlington’s city council has postponed its review of an incentives request from a mysterious corporate suitor that apparently plans to set up a $62.5 million facility near the city’s southern perimeter.
Codenamed “Project Monty,” this venture had been scheduled to come up for a public hearing when the council held its latest regularly-scheduled meeting on Tuesday.
In its notice about this hearing, the city didn’t divulge any details about this company’s identity, its stock in trade, or the exact location of the facility. It did mention, however, that the company would like the city to invest $1.2 million into the utility lines for this project, which is expected to add $62.5 million to the city’s property tax base. The notice also predicted that, if the company follows through with its plans, the facility would employ a workforce of 300 people by the end of 2032.
These few slivers of information remained the only publicly known details about Project Monty as the council prepared to convene its public hearing on Tuesday. At that point, Adam Shull, the city’s economic development director, stepped in to acknowledge that the company behind this project isn’t quite ready to bare all about its intentions.
Shull went on to suggest that the council “continue” its public hearing until November 17 to allow this proposal to marinate.
“I think your Thanksgiving meal will taste a little bit sweeter after the 17th,” he went on to add.
The council voted 5-to-0 to resume the hearing on Tuesday, November 17.
