On Thursday, Dec. 1 at a special city council meeting the City of Edgerton approved $26 million in industrial revenue bonds for a 10,000 square foot commercial space and storage container lot.

The lot is located at the northwest corner of Waverly and 187th Street.

Scott Anderson, bond counsel, said historically container storage lots take advantage of sales tax exemptions.

He said it won’t come from general obligation bonds, and the bonds are short term bonds for two years.

The bonds are for ELHC CY, LLC. The project began in March and has been completed.