R2026-17 Resolution Approving a Development Agreement by and between the City of Decatur, Illinois and Broadwing Energy, LLC

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COUNCIL MEMO EXECUTIVE DEPARTMENT NO. 2026-02 DATE: February 2, 2026 TO: Honorable Mayor Julie Moore Wolfe and City Council Members FROM: Melissa Hon, Interim City Manager SUBJECT: A Resolution approving a development agreement by and between the City of Decatur, Illinois and Broadwing Energy, LLC RECOMMENDATION: Approval of the Resolution BACKGROUND: The developer, Broadwing Energy, LLC, a Delaware limited liability company, proposes to build a new, gas-fired, low-carbon power generation project that is the first-of-its-kind power plant that will supply low-carbon electricity and steam for processing operations by Archer Daniels Midland (ADM). The Project will be located at 2903 N Brush College Rd., and the construction of the plant is expected to have a total economic impact of $1 billion dollars. The developer anticipates 30 full time job opportunities once the plant is online and fully operational. The project will require a new water main and sanitary sewer lift station and force main. The City of Decatur will be responsible for the design and construction of the water main and Broadwing will be responsible for 100% of all reasonable costs incurred with the design and construction of the water main, including construction engineering and easement acquisition. Broadwing will also be responsible for deeding 1.5 acres of the proposed sanitary sewer lift station site and necessary force main and gravity sewer easements to the City of Decatur for $1.00. Broadwing will be responsible for 50% of the total cost of the design, construction and easements of the sanitary sewer lift station and force main actually incurred, currently estimated to be $12 million, and the City will be responsible for the design and construction of the sanitary sewer lift station and force main. Additionally, the City agrees to fund 50% of the project costs for the sanitary sewer lift station and force main, currently estimated to be $12 million. The project will enhance the tax base of the City,and the infrastructure improvements will serve the further development of adjacent areas as well. The City anticipates generating a full return on investment of $12 million within two years of the plant being fully operational. POTENTIAL OBJECTIONS: Staff is not aware of any objection. STAFF REFERENCE: Melissa Hon at mhon@a,decaturil.gov