July 23, 2014 at 2:10 p.m.
JCDC to ask for budget increase (06/07/06)
Jay County Development Corporation
By By MARY ANN LEWIS-
As the fiscal year for Jay County Development Corporation comes to an end on June 30, executive director, Bob Quadrozzi, introduced the 2007 budget to JCDC members in the board’s regular meeting Tuesday afternoon.
The $171,760 budget for 2007 reflects only a one-half percent increase, Quadrozzi told the board.
“We think we’re in good shape,” he said of the small increase.
The 2007 budget will now need the approval of Jay County Commissioners and Jay County Council. Quadrozzi said he would be presenting the proposal to those county governing bodies later this month.
Additionally Tuesday, Quadrozzi updated the board on several projects that are underway.
“We’ve sold the last piece of (industrial) property in Bryant,” he explained. “We’ve gotta start looking for more land in Bryant.”
Hoosier Harvestor, a supplier of agriculture-related products, is expected to close on the site in the Bryant Industrial Park “in the next couple of weeks,” he said.
The new business there is expected to create four or five jobs.
He added that FCC (Indiana) LLC on Industrial Drive in Portland has “started breaking ground” for its $2.5 million, 43,000 square foot expansion.
Additionally, Alphabet Inc.-Portland, has asked for a $2.1 million tax abatement.
Quadrozzi said Alphabet Inc.-Portland Division, 700 Industrial Park drive, requested a five-year abatement to purchase a new assembly line, although the new equipment will not create any additional jobs.
“Over the last 8 or 10 months, they’ve made a substantial investment in Jay County,” he said of Alphabet.
He also praised Coca-Cola Enterprises in Portland for its recent expansion. The local company also recently applied for a tax abatement for a nearly $7 million project. The high-tech cans line is expected to create 12 additional jobs with salaries totaling $359,840.
“There were two other plants vying for this equipment,” Quadrozzi said about the local company’s success in being awarded the equipment.
In other updates, Jay County Community Developer Ami Davidson, said three bids for the renovation of the Salamonia school were opened and two of the bids were within the budget.
In December the town was awarded a $225,000 through a Community Focus Fund grant by the Indiana Department of Rural Affairs to renovate the former one-room schoolhouse as a community center.
Davidson said the Salamonia Town Board would now be studying the bids and construction is expected to begin after the Salamonia Fun Festival this summer.
She added that talks are still ongoing to bring a grocery store back into Dunkirk after the closing of Ludwig’s Grocery in 2005.
“We’re close to working it out with them and hope to bring it back,” she said.
In other business the board:
•Heard Jack Moore, public and external affairs manager, say that Sprint has be re-named EMBARQ Corporation.
Explaining the expanded service the phone company will provide he said, “it will be good for Portland and Jay County.”
•Agreed to ask Keith Muhlenkamp, branch manager of the Portland branch of the Bank of Geneva, to be a member of the JCDC board.
Quadrozzi said there are two vacancies on the 33-member board.
•Heard Jay Community Center executive director Jack Houck, say that in the fiscal year of the center ending June 30, “50,000 people went through the center,” and because of the variety of sporting events held there, 60 to 65 percent of that number was from outside the county.
•Heard Jay County REMC executive director, John Nill, praise Premier Ethanol for its selection of REMC as the provider of electricity for the proposed plant to be located on a parcel located along the southeast side of Ind. 67, near Meshberger Brothers Stone Corp.
“They could have taken I&M or REMC,” he explained, adding that Jay County REMC has “very little industry capabilities.” Of the six counties in Indiana where other ethanol plants are located, they are all supplied by I&M.
“We currently provide 8.8 million kilowatt hours per month,” he explained of power produced by the cooperative. “They will be using 4.5 million (additional) per month alone.”
Quadrozzi praised Nill’s efforts as well in being able to reduce the cost of bringing in a power supply to the site.
“Accolades to John,” Quadrozzi said.[[In-content Ad]]
The $171,760 budget for 2007 reflects only a one-half percent increase, Quadrozzi told the board.
“We think we’re in good shape,” he said of the small increase.
The 2007 budget will now need the approval of Jay County Commissioners and Jay County Council. Quadrozzi said he would be presenting the proposal to those county governing bodies later this month.
Additionally Tuesday, Quadrozzi updated the board on several projects that are underway.
“We’ve sold the last piece of (industrial) property in Bryant,” he explained. “We’ve gotta start looking for more land in Bryant.”
Hoosier Harvestor, a supplier of agriculture-related products, is expected to close on the site in the Bryant Industrial Park “in the next couple of weeks,” he said.
The new business there is expected to create four or five jobs.
He added that FCC (Indiana) LLC on Industrial Drive in Portland has “started breaking ground” for its $2.5 million, 43,000 square foot expansion.
Additionally, Alphabet Inc.-Portland, has asked for a $2.1 million tax abatement.
Quadrozzi said Alphabet Inc.-Portland Division, 700 Industrial Park drive, requested a five-year abatement to purchase a new assembly line, although the new equipment will not create any additional jobs.
“Over the last 8 or 10 months, they’ve made a substantial investment in Jay County,” he said of Alphabet.
He also praised Coca-Cola Enterprises in Portland for its recent expansion. The local company also recently applied for a tax abatement for a nearly $7 million project. The high-tech cans line is expected to create 12 additional jobs with salaries totaling $359,840.
“There were two other plants vying for this equipment,” Quadrozzi said about the local company’s success in being awarded the equipment.
In other updates, Jay County Community Developer Ami Davidson, said three bids for the renovation of the Salamonia school were opened and two of the bids were within the budget.
In December the town was awarded a $225,000 through a Community Focus Fund grant by the Indiana Department of Rural Affairs to renovate the former one-room schoolhouse as a community center.
Davidson said the Salamonia Town Board would now be studying the bids and construction is expected to begin after the Salamonia Fun Festival this summer.
She added that talks are still ongoing to bring a grocery store back into Dunkirk after the closing of Ludwig’s Grocery in 2005.
“We’re close to working it out with them and hope to bring it back,” she said.
In other business the board:
•Heard Jack Moore, public and external affairs manager, say that Sprint has be re-named EMBARQ Corporation.
Explaining the expanded service the phone company will provide he said, “it will be good for Portland and Jay County.”
•Agreed to ask Keith Muhlenkamp, branch manager of the Portland branch of the Bank of Geneva, to be a member of the JCDC board.
Quadrozzi said there are two vacancies on the 33-member board.
•Heard Jay Community Center executive director Jack Houck, say that in the fiscal year of the center ending June 30, “50,000 people went through the center,” and because of the variety of sporting events held there, 60 to 65 percent of that number was from outside the county.
•Heard Jay County REMC executive director, John Nill, praise Premier Ethanol for its selection of REMC as the provider of electricity for the proposed plant to be located on a parcel located along the southeast side of Ind. 67, near Meshberger Brothers Stone Corp.
“They could have taken I&M or REMC,” he explained, adding that Jay County REMC has “very little industry capabilities.” Of the six counties in Indiana where other ethanol plants are located, they are all supplied by I&M.
“We currently provide 8.8 million kilowatt hours per month,” he explained of power produced by the cooperative. “They will be using 4.5 million (additional) per month alone.”
Quadrozzi praised Nill’s efforts as well in being able to reduce the cost of bringing in a power supply to the site.
“Accolades to John,” Quadrozzi said.[[In-content Ad]]
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