Gadsden City Council approves tax abatement to keep 340 jobs, funds transit studies and park rate changes

GADSDEN, Ala. — The Gadsden City Council on Feb. 18 adopted a package of resolutions that included a tax abatement for Prince Metal Stamping USA, two transportation planning contracts with Volkert Inc., a property purchase for a city welcome sign, engineering services for a sidewalk project, amended rates for the new Knocklaw Falls Campground and approval of a recent legal settlement.

The action on the Prince Metal Stamping USA agreement drew the most attention because city officials said it is intended to keep about 340 jobs in Gadsden. “By doing this, Prince is saving 340 jobs here in the Gadsden area,” Mayor Ford said during the discussion. Council members voted to adopt the tax-abatement resolution after a brief discussion of the company’s expanded equipment costs.

The council also approved two contracts with Volkert Inc.: a fixed-route transit evaluation study for $94,543 and a 2050 long-range transportation plan for the Etowah Metropolitan Planning Organization for $229,521. City staff said both projects are eligible for 80% reimbursement through Alabama Department of Transportation (ALDOT) planning funds; the council adopted the resolutions by voice vote.

Councilman Robinson presented a resolution authorizing CDG Inc. to provide construction engineering and inspection services for sidewalk and streetscape improvements on Chestnut Street between Sixth and Seventh and on Sixth to Broad for $159,751; staff said this work is covered by an ALDOT grant and requested immediate consideration. The council approved that resolution as new business.

The…