ECONOMIC DEVELOPMENT NEWS
Mt. Carmel Road
priority for IDA 2006 agenda
The Marshall County Board of Supervisors launched the new year by continuing
a well-planned and paced strategy for expanding industrial and commercial
growth.
The board wants to continue to find ways to lay down the infrastructure
to support that growth.
Engineer Larry Britt reported that State Aid has agreed to a three-way
stop at the intersection of Cayce Road and Goodman Road. The board wants
a stop
light at Highway 72 and Cayce Road to ease ingress and egress from Chickasaw
Trails Expanded Industrial Park.
The board approved two permits for BellSouth to install fiber optic cable
on county right-of-way at the Highway 4 Bypass Road.
Early this year Britt and county administrator Larry Hall will review
road overlay and reseal projects. Britt said the list of projects
the county
wants the state aid to consider needs to be programmed before the
state legislative
session gets too far along.
A snag in driving concrete pilings for piers on bridges along the
new section of Bypass Road has not been resolved, Britt said. A second
test pile in
the area would not go further than 12 feet as established in the
first
try, he
said. If the holes for the pilings are drilled that will triple the
cost of installing the pilings. Alternative measures to drilling
are to install
steel pilings instead of concrete ones, he said.
The Hernando Road project has been shut down for the winter with
34 working days left for the contractor to finish the project and
very
little progress
has been made so far on it, Britt said.
A traffic light consultant completed five of seven warrants for the
Federal Highway Administration, paving the way for a possible traffic
light on
Highway 72 and Cayce Road, according to Bill Renick, executive director
of IDA.
“
Exel was adamant about the light,” he said. “They started hauling
today (January 3) with about 30 trucks in and out.”
The contents of the new 700,000 square foot Exel warehousing facility
at Chickasaw Trails will turn over about once a month, he said. When
the facility
is up to capacity, it will employ approximately 150, according to
Renick. The warehouse will serve the warehousing and distribution
needs of
Carrier air conditioning at the Collierville manufacturing facility.
Exel has enough land at the site to build another warehouse as large
as the new one, Renick said. And west of the facility is a 140-acre
site that
will
likely be developed.
Construction on Mt. Carmel Road, the main route in and out of that
area of the industrial park is expected to begin in March.
“
Our number one priority for IDA in 2006 is Mt. Carmel Road,” he said.
The new sewer line serving the park is close to complete, Renick said.
Another priority for IDA in 2006 is to get out of the sewer line
business, he said.
“
IDA helped them get started (with investments) and we are trying to consummate
a joint agreement with private investors with IDA retaining a 20 percent
ownership,” he said. “But the debt will be wiped out by investors,” he
said.
Other projects on the drawing board at IDA include: prospects for
an aggregate distribution company to locate in Holly Springs; the
leasing
or sale of
the Lighthouse Plastics facility to another manufacturer; and new
projects for
the Byhalia area.
Renick announced the completion of IDA’s new website, www.marshallcoms.com,
by WebbGraphics.
“
The website has anything you would want to know about Marshall County,” he
told supervisors.
-The South Reporter