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Fiscal Court authorizes exploration of multicounty industrial park; magistrates press for plan alignment and public input

Franklin County Fiscal Court · October 30, 2024
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Summary

Franklin County approved a resolution to pursue a multicounty Industrial Development Authority and continue a state grant application, while several magistrates urged pausing substantive action until the county’s comprehensive plan and public input align with any proposed industrial development.

The Franklin County Fiscal Court voted on Oct. 30 to authorize the county judge to represent Franklin County in pursuing a multicounty Industrial Development Authority with Anderson County and the cities of Frankfurt and Lawrenceburg and to advance a phase-two grant application from the Kentucky Cabinet for Economic Development.

Penny Peer, interim director of the Kentucky Community Development Corporation (KCDC), said the phase-one study examined whether a regional industrial park could work and that Phase 2 would allow a regional entity to continue prospecting and vetting sites and prospects. The state grant under discussion was described as a $4 million product-development grant that would be matched by participating local governments if a qualifying project advanced.

Peer said the cabinet favors a regional approach and that the initiative’s stated parameters include seeking a catalytic project that could create roughly 1,500 jobs. "This resolution really does is allow the judge to continue exploring that opportunity," Peer said, adding that rezoning, site vetting and other "guardrails" would be required before development could occur.

Several magistrates urged caution. Squire Wisman and others said the comprehensive plan and future land-use map are not finalized and that pursuing an authority or rezoning before adopting the plan would appear to undercut years of public participation. "Everything related to any conversation of creating a new entity within a community is premature until that final document is established," Squire Wisman said.

The court debated the trade-offs: supporters said the grant’s timeline requires authorizing the county’s continued participation now to preserve eligibility for Phase 2; skeptics warned that pursuit could be perceived as preempting the public planning process. Officials emphasized that any specific development would still require rezoning, public hearings and Planning Commission review.

The court approved the resolution by voice vote in the voting session; the judge stated he would record a "present" vote on at least one item amid stated questions and concerns.

Next steps: The Phase 2 application deadline is imminent; if funded and the partners proceed, the exploration could run up to two years and would include site vetting, rezoning where required and formal public processes before any construction or land assembly.