City-County Industrial Park roads considered
2019-03-14 - Adair County Courthouse Annex, Columbia, KY - Photo by Tiffany Kessler, columbiamagazine.com
Mark Dykes, standing, Chairman of the Columbia-Adair County Economic Development Authority, was on the agenda concerning the usage of incoming TVA funds. Last year, state lawmakers allowed the Tennessee Valley Authority (TVA) to hand funds over to 39 eligible counties (including Adair) in-lieu-of paying the typical 5% tax to the state on gross sales (as a federal entity they are exempt from paying property taxes). The funds must be used toward economic development. The jointly owned city and county Green River Industrial Park was annexed into the city limits after sewer lines were installed a few years back. Extending the road with this plan will make more lots easily accessible to future employers who come to examine what the location has to offer. Comments | Permalink