The local Industrial Development Authority plans to purchase a 25 acre tract of land that will allow them to create a new industrial park in Wayne County, and fiscal court has approved the resolution that will allow the project to move forward.
Magistrates reviewed the proposal and the scope of the project
during a meeting held on Thursday, October 10. The resolution also
authorizes a purchase option of an additional 10 adjacent acres at a
Wayne County Judge- Executive Mike Anderson noted that the
Industrial Development Authority has received money paid by TVA to
the state in lieu of taxes. That money is divided among 39 different
counties and is earmarked for economic development.
Plans for the way the money is spent must be made through the
Industrial Development Authority, but the court must approve the
action before it moves to the Department of Local Government for
final approval. This year's funding is approximately $153,000, and
that is also the amount Wayne County will receive next year,
according to the discussion at the meeting.
The funds from both fiscal years will be used to purchase the
initial 25 acres, according to Anderson. He noted that the property,
which is located on Highway 1275 and owned by the Franklin Group, has
recently been appraised for approximately $782,000.
In their proposal, members of the Industrial Development Authority
stated, "The purchase of the 25 acre tract of real estate will allow
the Monticello-Wayne County Industrial Development Authority to
create an industrial park in Wayne County, Kentucky. This acquisition
of the real estate will lead to industrial development and jobs for
Wayne County. Currently, the Monticello-Wayne County Industrial
Authority does not own any real estate which it can lease or provide
for economic development; therefore, this purchase provides the
authority with a great opportunity to obtain new business growth and
job opportunities for Wayne County."
The proposal indicates that over time, the group's goal is to
develop the tract of land with ready to build pads, utilities and
roads. It also noted the location is excellent since it is near KY
90, the local airport, city water, electricity and easement for sewer
District One Magistrate Ronnie Turner asked about the cost of
developing the property, but Anderson said that would be determined
by a study of the site.
District Four Magistrate Jonathan Dobbs asked if the second phase
funding for next year is assured, and Anderson said that money has
already been committed. All magistrates voted in favor of the
In other action during the meeting, the court:
• Clarified that the health tax rate is 3.5 cents for real property.
A clerical error occurred which stated that all health tax rates were
set at 3.5 cents, but that levy is only for real property. Anderson
noted that there will be no increase in property tax bills.
• Approved the appointment of Wanda Gregory and Katina Shearer to
the library board.
• Approved the appointment of Jesus Alvarez to the Tourist
Commission to fill a vacancy created by the resignation of Dwight
• Approved the only bid received for four ambulance stretchers.
Wayne County EMS received grant funding for the purchase.
• Rejected the bids for a pre-engineered metal building for EMS. The
specs will be changed and the project will be rebid.
• Approved the only bid received for the purchase of two washers and
dryers at the detention center.
• Approved a one-time pay increase for all county employees in
• Heard a monthly report from Jailer Ronnie Ellis, who said total
population at the detention center is 221. That includes 73 county
inmates, 139 state inmates and nine Madison County inmates. For the
month of September the county billed a total of $149,242 for housing
• Heard a monthly report from Solid Waste Coordinator Tim Bell who
stated that white goods were collected at 53 households in September,
bringing the total to 690 for the year. Litter abatement covered
• Heard a monthly report from Wayne County EMS Director Bubby Corder who said the ambulance service answered 325 calls in September, bringing the total for the year to 2,471.