Council to vote on assistance for business expansion
City News November 6, 2026
At its meeting Monday, the Albert Lea City Council will hold a public hearing and then vote on financial assistance for D & S Holdings to expand Pro Manufacturing on 209th Street, a service road off East Main Street. The company offers manufacturing, coating and delivering of steel products.
To help increase jobs and the local tax base, the city is proposing:
- A tax abatement, which is lowering the city’s portion of the company’s property taxes for 10 years starting in 2028, not to exceed $129,000.
- A $50,000 forgivable loan if maintaining at least 5 new jobs with incomes higher than Albert Lea’s median income for at last 5 years.
- A $300,000 loan at 0% interest to be paid back over 10 years.
Also Monday, the council will hold public hearings on the final assessments for several street projects, and then adopt the assessments. The street projects include:
- Marshall Street
- Valley Avenue
- 14th Street
- St. Mary Avenue
- Clark Street
- Several other residential streets
All final assessments up for adoption are either the same or lower than proposed when the council approved the street projects.
To learn more and provide input:
- Attend the council’s Nov. 9 work session at 5:30 p.m. and/or the 7 p.m. regular meeting on the top floor of City Hall, 221 E. Clark St.
- Contact your city councilor
- Read the agenda packet
- Watch the meeting online
