Land Sale to Alliant Energy Finalized
Wednesday, July 03, 2019
OEDC finalized the sale of its first property in Helgerson Flats to Iowa Power & Light (Alliant Energy) on June 11. Although originally proposed to purchase two lots for a total of nearly 12 acres, Alliant engineers were able to configure the substation onto 7.5 acres in the northwestern-most segment of the property. Total sale equaled $95,346.
Plans for the purchase include construction of a state-of-the-art electrical substation, providing for the energy needs at Helgerson Flats and most of the northern part of the city for decades to come as part of Ottumwa's energy master plan.