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Fiscal court approves $250,000 stabilization for Freight King site and authorizes county share for EDA land purchase

Boyle County Fiscal Court · November 26, 2024
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Summary

The court moved $250,000 from reserves for stabilization work at the Freight King property and approved creating a budget line for $250,000 to fund public‑safety architectural design; it also approved a county contribution to the EDA to help close on the Redding industrial property (county share discussed at roughly $1.6M).

Public works director Mark Gordon briefed the court on unsafe conditions at the recently acquired Freight King property and asked the fiscal court to move funds from reserves to stabilize the site. Gordon cited exposed electrical drops, roof leaks, missing exterior lighting and heating issues in restrooms as immediate hazards; the county asked for up to $250,000 to address these stabilization and safety items.

The court approved moving the money into a new budget line (motion by Mr. Gay; second by Mr. Ellis) and confirmed the work would be put out to bid where required by procurement rules. Gordon and other staff said some cleanup tasks will be performed in‑house while larger trades (electrical, plumbing, HVAC) will be bid competitively to comply with auditor guidance.

Separately, Shannon asked the court to create a new line item by moving $250,000 from reserves to fund architectural design services for the public‑safety building; the court approved the transfer and agreed the funds would remain in interest‑bearing accounts until needed (motion by Mr. Boettner; second by Mr. Gay).

In executive‑session follow‑up, the court approved a motion to authorize the county to support a purchase of the Redding industrial property by transferring funds to the Economic Development Authority to enable a closing. Magistrate Crowley described a required transfer of roughly $1,615,000 to the EDA and requested the county provide half of the purchase price and a proportionate share of anticipated acquisition costs; the court voted in favor of the purchase authorization.

Next steps: staff will proceed with procurement for stabilization work, prepare budget transfers and coordinate with the EDA and city staff to complete the Redding property transaction and associated right‑of‑way and roadway work.