Tuesday, July 28, 2020

T-U IDA REJECTS PROJECT COLONY

AT MONDAY'S JULY MEETING THE THOMASTON-UPSON DEVELOPMENT AUTHORITY DECIDED NOT TO MOVE FORWARD WITH PROJECT COLONY, AN INDUSTRY THAT WANTED TO LOCATE AT THE OLD MARTHA MILLS PROPERTY ON GOODRICH AVE.

CHAIR OF THE IDA--CARSON GLEATON TOLD THE BOARD, "SOMETIMES A PROSPECT DON'T FIT US" AND THE STEEL FRAMING BUSINESS WAS ASKING FOR A LOT.

THE PROSPECT WANTED RELOCATION EXPENSES, JOB CREATION EXPENSES FOR 40 JOBS, AND CLEAN UP OF THE SITE TO BE PAID FOR BY THE IDA OR CITY. THE NOTE ON THE PROPERTY IS HELD BY A VIRGINIA BANK AND COMES COMPLETE WITH SEVERAL LIENS.

THE IDA HAD BIDS OF $400,000 AND ONE MILLION TO CLEAN UP AND OR TO HAUL OFF DEBRIS BUT THAT DID NOT INCLUDE THE POSSIBILITY OF CONTAMINATION AT THE SITE WHICH COULD RUN UP THE COST, BIG TIME.

ENDING THE THE DISCUSSION, COMMISSION CHAIRMAN NORMAN ALLEN QUESTIONED IF THOSE 35 ACRES IS IDEAL FOR AN INDUSTRIAL COMPLEX.

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