Economic development plan based on points system

Jan. 07, 2014 @ 06:58 PM

WARRENTON — Warren County has a new points-based policy geared to economic development.

County commissioners gave approval Monday evening, hoping to attract new businesses or help existing businesses expand.

Developed by interim Economic Development Director Peggy Richardson and consultant Gabe Cumming, the policy provides a method to evaluate the financial and environmental impact of a business and offer grants to offset a portion of the company’s property tax. Points will be awarded for the number and quality of jobs created and the level of capital investment by a new or existing business. Additional points may be awarded for such factors as in-county purchases, ownership by women or minorities and environmental impact.

The largest possible grant will equal 90 percent of the company’s property tax, and will be reduced each year over a five-year period. The grant awards will be made only after the company has paid its annual property tax. No funds are required by the county up front.

In other business by the commissioners, Gloria Edmonds was appointed finance director. She replaces Barry Mayo, who resigned Dec. 27 to take a similar position with Hoke County.

Edmonds has 21 years of experience in local government finance and served as interim finance officer for 10 months in 2006-2007. She has held the position of accounting manager since 2007.

Also, commissioners:

• approved a job classification schedule for Warren County employees.

• gave the tax administrator permission to grant extensions of time for listing taxes to property owners who show good cause.

• approved a request by Franklin-Vance-Warren Opportunity, Inc. to submit a Community Service Block Grant application to provide career coaching, job preparation and placement to 150 individuals now lacking education and skills. The amount to be requested is $504,476.

• renewed the performance bond for the finance director.

• adopted a resolution creating a Warren County Local Food Promotion Council.

• re-appointed Charles Jefferson to the Senior Center Advisory Council.

• adopted a resolution conveying several items of surplus furniture to Freedom House of Norlina and to the Warren County Community Center for the price of $1 for each organization.

• declared surplus an HP LaserJet 1320 Printer and Doppler that are no longer used by the Health Department and authorized their sale at auction.

 

Contact the writer at dirvine@hendersondispatch.com.