AT MONDAY’S NOVEMBER MEETING, THE EXECUTIVE DIRECTOR OF THE THOMASTON UPSON INDUSTRIAL DEVELOPMENT AUTHORITY, J.R. CHARLES SAID NOVEMBER HAS BEEN A BUSY MONTH. IT STARTED WITH HOSTING PROJECT MANAGERS FROM THE ELECTRIC CITIES OF GEORGIA, FOR LUNCH AT THE ROCK RANCH, SOMETHING THAT GOT RAVE REVIEWS FROM THE GUESTS. HE COMMENTED ON FOUR PROJECTS THAT ARE BEING COURTED, TWO COULD MAKE DECISIONS IN DECEMBER. THE IDA VOTED TO WAIVE A $7100 BOND ADMINISTRATION FEE FOR A NEW INDUSTRY, ANIMAL, HEALTH AND SCIENCE. THOMASTON’S MAYOR HAYS ARNOLD SAID BOND FEES HAVE BEEN WAIVED IN THE PAST, AND IDA MEMBER DANNY BRINKS MADE THE MOTION. THE IDA PASSED A RESOLUTION FOR A $5.7 MILLION INDUSTRIAL REVENUE BOND FOR A.H.S., SUN-TRUST BANK WILL REPORTEDLY PROVIDE THE FINANCING. THE IDA ALSO PASSED A FORGIVABLE LOAN RESOLUTION FOR THE COMPANY. THE CITY OF THOMASTON GAVE $250,000 TO THE IDA FOR A GRANT TO THE COMPANY, TO BE USED FOR CAPITAL OUTLAY AT THE FORMER YAMAHA PLANT. MAYOR ARNOLD SAID THE FUNDS HELPED THE CHANGE THE MIND OF THE COMPANY, THE CEO TOLD THOMASTON KIWANIS HE WAS HEADED TO SOUTH CAROLINA UNTIL CITY AND COUNTY OFFICIALS SOLD HIM ON THOMASTON. THE COMPANY HAS PLEDGED 100 JOBS IN THE FIRST YEAR, AND COULD BEGIN OPERATIONS IN THE SPRING. THE IDA ALSO IS WORKING ON AN EIP GRANT FOR $500,000 TO PUT A RAIL SPUR AT THE PLANT.
No comments:
Post a Comment