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Joint Development Authority asks Camden County for five‑year funding MOU to finish Coastal Georgia Commerce Park
Summary
The Joint Development Authority sought a five‑year memorandum of understanding to provide predictable funding for economic development, saying the Coastal Georgia Commerce Park will require roughly $10.5–12 million in development costs and that current grants and bonds leave a $1.5–2 million gap.
Tanya Glazebrook, volunteer chair of the Joint Development Authority, opened the JDA’s presentation by urging the commission to consider a five‑year funding memorandum of understanding after the board voted in April 2024 to pursue a more stable revenue pattern for economic development.
James Coughlin, the JDA’s CEO, highlighted recent project outcomes he said support that request, citing the sale and development of the former Merit tract to Plug Power and a refrigerated warehouse on Parcel E. Coughlin said Plug Power’s current assessed real and…
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