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Martin County increases general-fund transfer to cover rail extension costs at business park
Summary
Commissioners approved two budget amendments adding $120,000 for undercut excavation and transferring $120,000 from the general fund to the Business Park Fund, raising the county’s contribution for the Weitron rail-access project at the Martin Regional Business Park to $589,354.
Martin County commissioners unanimously approved Budget Amendments #33 and #34 April 11 to cover additional costs on the Weitron rail-access project at the Martin Regional Business Park.
Finance Director Cindy Ange said a proof-roll test revealed soil conditions required additional undercut excavation for the roughly 4,900 feet of industrial track and associated work. Amendment #33 increased the Business Park Fund construction budget by $120,000; Amendment #34 transferred $120,000 from the general fund to the Business Park Fund. Ange said the county’s total general fund contribution to the project would be $589,354.
The project, which supports rail access for a new facility in the business park, has been funded through multiple sources including the NC Railroad Company, the North Carolina Department of Commerce, NCDOT and the Golden Leaf Foundation, Ange said. Commissioner Joe R. Ayers moved to adopt both amendments; Vice Chairman Tommy Bowen seconded and the board approved both motions unanimously.
Why it matters: The rail extension is part of a capital project designed to serve new industry at the Martin Regional Business Park and to improve site readiness for Weitron’s facility; additional unanticipated soil work increased costs, requiring the transfer.
What’s next: County finance and project staff will proceed with excavation and track construction under the existing capital project ordinance. The board recorded the budget transfers as adopted unanimously.
