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County Commission approves building bond
7 months ago | 491 views | 1 
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The 15-year loan carries a 4.08 percent interest rate and includes no penalties for early repayment, according to a representative at Thursday’s meeting.
The county has partnered with the Gallia County Improvement Corporation (CIC) to construct and sell a 20,000-square foot or larger speculative building on a 5.167 acre lot. The CIC agreed to sell the lot to the county for an appraised value of $116,258 and will assist with marketing the building as well as construction oversight. Upon sale of the building, the county is to receive 75 percent of the net revenue, which is to be put toward future economic development projects, and the CIC is to receive the remaining 25 percent of the net revenue.
In other action, commissioners:
• Approved a real estate purchase contract with Gallipolis City Schools for the purchase of a site for the Green Sewer Waste Water Treatment Plant for a cost of $1. In return, the county is to grant two sewer taps to the school board to connect Gallia Academy High School and Green Elementary as well as any associated buildings and sports facilities. The contract is contingent on the county obtaining the necessary approval for the construction of the facility.
• Approved Payment Resolution #3 for the Kanauga/Addison Sewer Project, which included $32,442.39 for Trimat Construction’s third pay estimate, $15,520.06 for a Stantec Consulting invoice and $11,825 for a CMI Billing Software invoice.
• Reappointed Carolyn Casey to Children’s Service Board upon the recommendation of Executive Director Russ Moore.
• Reappointed Philip Skidmore to the Board of Developmental Disabilities and appointed Tara Calvert to the board.
According to the animal shelter report for the week ending Jan. 11, one dog was reclaimed, 12 were rescued and 13 are currently in foster care.
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Of course, it won't matter to city voters since Centenary is not yet within city limits.
If we want to promote our educational system as a positive to future residents moving into the area, should we really build a sewage plant next to it?
I wonder who is getting the kickback from this one?