The Washington Times-Herald

Archive

July 8, 2009

Council acts on Tech Park request

Ron Arnold, executive director of Daviess County Development Corporation, was at Wednesday’s Daviess County Council meeting representing the Daviess County Economic Development Commission to ask the council to act as the conduit for a bond issue to build a new facility at WestGate @ Crane Tech Park. The bond issue would finance $800,000 of what may be an $8 to $9 million project for the 50,000 square foot building. The project is estimated to create 10 jobs with a payroll of $416,000 per year.

Arnold said there are currently five buildings in the tech park employing about 500 people. The project would also include upgrades to roads and infrastructure. The WestGate @ Crane Authority is seeking $6 million through grants which would pay for three-fourths of the project. They will also seek $2 million in matching funds.

The council approved the resolution which did not make the county fiscally responsible, according to County Attorney Jeff Hayes.

The council also approved tax exempt bond financing for Parkview Village Christian Care. Hayes said the Village was refinancing to get a better interest rate. The bonds are not to exceed $45 million with a 25-year maturity rate and, again, the county would not be fiscally responsible.

In other business

Sick days

The council approved sick day reimbursements of $1,551.75 for Shirley Blackmore who retired after three years with the county.

Substance abuse program

The council approved an additional appropriation of $5,000 for a substance abuse program. Beth O’Brien said the Youth Services Bureau in Evansville offers the program for up to eight participants at a time. The eight sessions last 90 minutes and cost $150 per person. The county will pay $75.

Additional appropriations

Additional appropriations for EG&G; bond payment of $97,937.50 and Olon Industries bond payment of $229,250. Arnold told the council EG&G; is doing well and looking at expanding, while Olon has suffered with the down turn in the economy, but is beginning to come back.

An additional appropriation of $6,000 for LCC was approved. The money comes from users fees.

Text Only
Community Calendar
Loading…
Events by eviesays.com
Featured Ads
Poll

Who is going to win the Super Bowl?

The New England Patriots
The New York Giants
I don't follow sports
     View Results
AP Video
Killer of Fla. Girl Found in Landfill Gets Life Army Orders Bradley Manning Court-martial Cancer Charity Revives Breast-screening Grants Heavy Snowstorm Hits Colorado On Its Way East 2nd Teacher From LA School Arrested on Sex Claim Prosecutors Close Armstrong Inquiry, No Charges Sights and Sounds: Football Fans Pour Into Indy Unemployment Rate Down to 8.3% Obama: Still Far Too Many Americans Need Jobs GOP: Jobs Numbers Welcome, Can Do Better Fla. Man Adopts Girlfriend in Legal Battle More Deaths As Egypt Clashes Continue Raw Video: Prince William in Falklands Egpyt Protesters Blame Police for Soccer Deaths 'Lucky' 9-Year-Old Receives 6-Organ Transplant Raw Video: Michelle Vs. Ellen in Pushup Contest First Person: Will Peyton Manning Stay in Indy? Egypt Shaken After Deadly Soccer Riot New Suits, New Starts for New York's Unemployed Hall of Famer Dorsett Speaks Out on NFL Injuries
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Popular Searches
Powered by Local.com
Seasonal Content