Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Land Purchase topic
No spam. Unsubscribe anytime.
Development Authority agrees to consider Purchase and Sale Agreement for Elevated Steel's proposed 24‑acre purchase
Summary
The Development Authority of Floyd County amended its agenda Feb. 4, 2026, to rename Project SVN as Elevated Steel and voted to consider a Purchase and Sale Agreement. RFCDA representative Spencer Hogg said Elevated Steel proposes to buy 24 acres in the North Floyd Industrial Park at $47,000 per acre.
The Development Authority of Floyd County amended its agenda and voted to consider a Purchase and Sale Agreement (PSA) for a proposed purchase by Elevated Steel during a called meeting on Feb. 4, 2026.
Spencer Hogg of the Rome-Floyd County Development Authority asked the board to amend the agenda item name from “Project SVN” to “Elevated Steel.” Ryan Leonard moved to amend the agenda and Nat Massey seconded; the board voted in favor.
Hogg described Elevated Steel’s proposal as a purchase of 24 acres in the North Floyd Industrial Park at $47,000 per acre. Brent Bell moved to consider the Purchase and Sale Agreement for Elevated Steel and Sundai Stevenson seconded; the board voted in favor to consider the PSA. The minutes record the motion to consider the PSA but do not show a final approval or executed sale in the meeting record.
The meeting record does not include public comment on the proposal, nor does it document any conditions, contingencies, or a vote to adopt the PSA itself. Further action or a subsequent meeting may be required to finalize any land sale or contract.
