Crossville Chronicle, Crossville, TN

Area News

February 26, 2013

County agrees to participate in CoLinx funding

CROSSVILLE — A local company seeking grant funding for a major expansion of its facilities gained the support of the Cumberland County Commission who agreed to partner with the city in the project.

Commissioners went a step further, however, and asked that the two local governments enter into a local agreement so that conditions and terms of the agreement approved last Tuesday night do not change.

In exchange for the help of city and county governments in securing FastTrack Infrastructure Development funding from the state Department of Economic and Community Development, CoLinx has promised the following:

•The creation of 65 new jobs within 30 days of construction completion;

•To remain in Crossville through the year 2027; and,

•To make a minimum investment of $6.5 million in new construction and $2.5 million in warehouse equipment.

Total cost of program approved by the county last week is $1,062,146 of which $707,500 is to come from the FastTrack Infrasctructure Development Program; $118,215 in local government matching funds; and $236,431 from CoLinx/Crossville Acquisition.

The monies are to be used for site improvements and storm water infrastucture.

The resolution approved gives County Mayor Kenneth Carey Jr. authorization to execute documents relating to the project on behalf of the county.

Commissioners Allen Foster and Carmin Lynch expressed concerns that an interlock agreement between the city and county be made to ensure that terms the county agreed to do not change.

The question was directed to County Attorney Randal Boston who said it would be no problem to get with City Attorney Kenneth Chadwell to draw up a resolution that both governments could review and approve.

City Recorder Sally Oglesby, in attendance at the county meeting, told commissioners that the resolution before them had to be delivered to the state by last Friday, and urged approval of the resolution with consideration of the joint agreement to come as soon as both governments have a copy from the attorneys to consider.

The city was scheduled to approve the same resolution in a special called meeting held last Wednesday.

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