City of Lafayette Common Council Agenda Packet May 2026
Lafayette Approves Financing for Sustainea Bioglycols Project
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Description
The Lafayette Common Council approved Ordinance 2026-10 authorizing funding of a Taxable Economic Development Revenue Note, Series 2026, for the Sustainea Bioglycols, LLC project. The initiative involves an estimated $400 million investment, including $1 million in TIF funding via a forgivable loan to support a new 40,000-square-foot facility.
Contract Details
Contract Amount
$400 million investment; includes $1 million in TIF funding through a forgivable loan arrangement
Vendor
SUSTAINEA BIOGLYCOLS LLC
Agency
Town of Lafayette, IN
Contract Type
FINANCIAL_SERVICES
Document Date
May 4, 2026
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