MASON CITY — As part of an agreement to allow Prestage Farms to build its $240 million meatpacking plant, it must donate $1.4 million over a decade to Mason City schools.
Under the terms of the agreement, yet to be approved by the City Council, the company would be obligated to pay the district $140,000 each year between January 2018 and January 2027 to bolster its general fund.
“While I cannot speak for the board, from my perspective this is a wonderful commitment from Prestage Foods that shows their desire to be an important community partner,” Mason City Superintendent of Schools
In this Series
- 95 updates
Get local news delivered to your inbox!
Subscribe to our Daily Headlines newsletter.