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Lunenburg Board approves transfer of two Victoria Industrial Park parcels to IDA
Summary
The Board unanimously approved transferring the county’s two‑thirds ownership of two Victoria Industrial Park parcels to the Industrial Development Authority to enable faster land transactions for a prospective business; the Town of Victoria had approved a similar transfer.
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The Lunenburg County Board of Supervisors voted unanimously on Aug. 14 to transfer the county’s two‑thirds ownership of Tax Parcels 033A5-0A-0-10 and 033A5-0A-0-12 at the Victoria Industrial Park to the Industrial Development Authority of Lunenburg County.
County Administrator Tracy M. Gee said the Town of Victoria is speaking with a potential business prospect and recommended transferring the county’s share to the IDA because the authority can complete land transactions more expeditiously if a buyer intends to purchase the property. Administrator Gee said the Victoria Town Council had already approved transferring its ownership to the Victoria IDA.
Supervisor Edward Pennington made the motion to approve the transfer; Supervisor Mike Hankins seconded it and the motion passed unanimously. The board adopted a resolution authorizing transfer of the two parcels to the IDA.
The minutes record no public objection during the hearing on the property disposition. There is no further detail in the minutes about the prospective business or a sale timetable.
