EDC and CDC present projects: spec building, parks and ballfields highlighted
Summary
The Economic Development Corporation reported a potential 40,000-square-foot speculative industrial building and pursuit of a USDA grant; the Community Development Corporation reviewed recent park improvements and ballfield funding and said one pool debt payment remains.
At the joint session with the Economic Development Corporation (4A) and Community Development Corporation (4B), Max Henderson, EDC President, told council the 4A board is exploring building a 40,000-square-foot speculative building in the industrial park to attract tenants and noted the board is investigating a potential USDA grant to assist with building, road work and utility infrastructure. Henderson said the city has lost several prospects in recent years because an already constructed building was not available.
Raymond Forsythe, 4B vice-president, summarized recent projects funded by the CDC, including Murphrey Park improvements and ballfield work at Bell Road and Senior League fields. Forsythe said the 4B has one debt payment remaining related to the pool and that the board recently toured parks and recreational facilities and will discuss future priorities at their next meeting.
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