HOBO Renewable Diesel Agreement Amended, Deadline Extended
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Description
The City Council approved a second amendment to its development agreement with HOBO Renewable Diesel, LLC, extending the final closing date to December 31, 2026 and setting new benchmarks for this multi-billion-dollar regional project.
Contract Details
Vendor
HOBO RENEWABLE DIESEL LLC
Agency
City of Clinton, IA
Contract Type
OTHER
Document Date
November 10, 2025
Contract Term
Through December 31, 2026 (2nd Amendment)
Renewal Date
2026-12-31
Renewal Info
Original agreement amended twice; new close date Dec 31, 2026. City may void agreement if new benchmarks (March 20, April 17, 2026) are not met.
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