The Albert Lea City Council on Monday approved up to $760,000 in tax-increment financing for Ulland Brothers as part of its redevelopment of the former Freeborn-Mower Cooperative Services site on East Main Street. City Manager Ian Rigg said the company is estimated to spend $7.6 million on the project, which will redevelop the space into its company headquarters. The agreement also includes the creation of at least five new jobs.
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