2001 - 06-18-01 Regular Meeting - Laserfiche WebLink

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0 O® B'K coo IS NAGE 444 Aye: Adams, Hincks, Lemmond, Matthews, Paschal, Reives, and Sauls Nay: None The Chairman ruled the motion had been adopted unanimously. The Board conducted a public hearing concerning the appropriation of county funds for an economic development project for the construction of a sewer system for the proposed expansion of the Lee County Industrial Park. Economic Development Director Bob Heuts told the Board that he is working with various landowners to either secure ownership or options for approximately 450 acres of land in the Deep River Township immediately west of U.S. Hwy. 1, between Womack Road and Colon Road. He stated that Phase I of the project is estimated to cost 52.7 million for water and sewer lines and a roadway that will be constructed into the site. Mr. Heuts told the Board that expanding the existing industrial park would allow the county to take advantage of U.S. 1, which is a four-lane divided highway and equivalent to an interstate highway. He stated that his office is prepared to sign an option on a portion of the 450 acres that would allow the county to market the property. One requirement of the option would be that the county install water and sewer lines and a roadway running south from Colon Road through the property within two years. The S2.7 million would be used to install a wastewater lift station, trunk line, water lines, and a paved roadway for about 500 yards south of the intersection. County Manager William Cowan told the Board that the county had several options for funding the project, including issuing bonds, using an installment purchase plan through the county's general fund, or establishing a water and sewer district and getting an installment purchase plan through that. Chairman Hincks opened the public hearing that had been advertised for this date and time. John Daniel along with Mr. Heuts spoke in favor of the request. No one spoke in opposition to the request. Chairnian Hincks closed the public hearing. No action was taken on the matter. Chairman Hincks moved to go into closed session to discuss the acquisition of real property at the corner of Steele and Wicker Streets. Upon a vote, the results were as follows: Aye: Adams, Hincks, Lemmond, Matthews, Paschal, Reives, and Sauls Nay: None The Chairman ruled the motion had been adopted unanimously and the Board was in closed session. After completing business in closed session, Commissioner Lemmond moved to go out of the closed session. Upon a vote, the results were as follows: 4