VLCIA land accounting

Chairman Jerry Jennett is asking for an accounting of the land VLCIA has bought using their $3 million a year in dedicated 1 mil property tax and $15 million in bonds that Lowndes County guaranteed for them. And it seems that much of it is in lots too small to be useful.

While the VLCIA board was approving minutes for their 17 May 2011 regular meeting, Chairman Jennett said this:

On the last page, where we're talking about the industrial park acreage, this is real good the way you've presented this, it shows Azalea West 17 acres Lake Park 10, Hahira 10, [?] 165, Miller 220, West Side 155.

Let me ask you that in future you do one more thing. That you tell me how many 100 acre sites you have, how many 50 acre sites you have, and how many 25 acre sites you have,

[Col. Ricketts made some response.]

Then I'm going to assume that everything else is ones, fives, and tens. And my point would be that we track those, and that when someone comes with a project that and they need 200 acres, we can't do it. But I think there might be room for at least one and maybe two 100s. I think that's important when we think about people....

It's good Chairman Jennett is having Col. Ricketts keep track of all this land VLCIA has acquired. He started on this project at Brad Lofton's last board meeting, when he asked Lofton about lot sizes. I look forward to the results.

Incidentally, while that list Chairman Jennett read does add up

to the agenda item

Industrial Park Acreage Update-Total 577

it's not clear that that total includes, for example, the proposed biomass plant site Sterling Planet wants to buy.

Here's the video:

VLCIA land acquisitions too small
Irregular Meeting, Valdosta-Lowndes County Industrial Authority (VLCIA),
Norman Bennett, Roy Copeland, Tom Call, Mary Gooding, Jerry Jennett chairman,
J. Stephen Gupton attorney, Allan Ricketts Acting Executive Director,
Valdosta, Lowndes County, Georgia, 14 June 2011.
Videos by John S. Quarterman for LAKE, the Lowndes Area Knowledge Exchange.

-jsq