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Grant <br /> <br />(Continued from Page 'l-A) <br /> <br />project; those ftmds and the <br />PHDC money do not have to be <br />matched locally, Goode added. <br /> The localities probably will <br />have to contribute about $1 <br />mi!lionasamatchforthe$2mil- <br />liongrant, accordingto Clower. <br />Coode said the match could be <br />stateorlocalftmds--including <br />the $1~ million Gilmore <br />promised .'and cash or in-kind <br />contributions, such as man- <br />power. <br /> To get- more money for the <br />project, the supervisors voted <br />Wednesday to ask the state <br />tobacco lawsuit settlement com- <br />mission for $2 million to $3 mil- <br />lion for the regional industrial <br />park.. : <br /> Clower said. {~lle' ftmding for- <br />mula for the industrial park <br />would be based on the popula- <br />iionofeachlocaliiypariicipatir~ <br />HesaidHenryCountyprobably <br />· would shoulder about 70 percent <br />of the funding for the site.. <br /> Ip mid-October, Clower said <br /> theproject was not a top prior- <br /> iW. He called it a long-term pro- <br /> ject at the time, noting that the <br /> area has industrial sites avail- <br /> able at existing parks in the <br /> county and ci~. <br /> Wednesday, he repeated that <br /> theparka reality, butsaid ithas <br /> moved up on his priority list <br /> '~ feel like there's a chance to <br /> pUt .together $7 ~UHon) to $8 <br /> million" and create the indus- <br /> trial park, he said. 'Tnere's no <br /> <br />harmintryingtomoveforward." <br /> He added that he believes <br />county and city officials can <br />work together to create .the <br />park <br />' '~fs ano-brainer. ffsomebedy <br />is giving you the money and it <br />will benefit the general com- <br />munity, were got to figure out <br />a way to make it work Henry <br />County will bear most the cost <br />because were got most of the <br />population. It will be good for <br />'everybody." <br /> Martinsville City Manager <br /> Earl Reynolds Jr. called news of <br /> the funding '~vonder~," and <br /> said a regional park will help <br /> the area compete for industrial <br /> development <br /> '~I'o be competitive in the <br /> region, its definitely something <br /> we needto starton. We needte <br /> take advantage of what people <br /> have done for us," he said, <br /> agreeing with Clower that the <br /> park will be a long-term project <br /> He said a New River Valley <br /> regional industrial park has <br /> been in the works for five years. <br /> "It's not something you do in 12 <br /> months," he added, since the <br /> project involves buying the <br /> land, developing the infra- <br /> structure and other work <br /> Several possible sites for a <br /> regional park have been men- <br /> tioned in the past, said <br /> Reynolds, but he declined to <br /> identify them. To be competi- <br /> tive, he said, a regional park <br /> · would have to be 750 to 1,000 <br /> acreS. <br /> Vice Mayor Gene Teague said <br /> <br />this is a way Martinsville and <br />'Henry County can work togeth- <br />er. <br /> "fhis is a good thing and a <br />great opportunity to work with <br />the county," Teague said. "It's <br />kind of a win-win situation for <br />everybody to-provide jobs for <br /> <br /> Teague said this is a good way <br /> forthe tt~ee localities to support <br /> a regional effort and to generate <br /> revenues from taxes such as real <br /> estate, personal properrS, and <br /> machine and tools. <br /> -He said the three localities <br /> need to sit down and hammer <br /> out the specifics of the park He <br /> said basing how much a lecali- <br /> tywlll pay forthe park and will <br /> receive in future revenues on <br /> population "Seems like a fair <br /> way" to go. <br /> 'Now isn~ the timeto quibble <br /> over the percentages," Teague <br /> added, but to make the indus- <br /> <br />V'~ o~ed '&NVlI9 ooS <br /> <br />trial park a reality. <br /> "I'm as pleased as I can be" <br />about Henry County receiving <br />the money, said Martinsville <br />Councilman Terry Roop. <br />"Hopefully, there will be room <br />for us (the city) to participate. <br />This(the industrial park)will be <br />good for the entire area." <br /> Roop said he hopes the city <br />counefi and beard of supervi- <br />son can get together soon to <br />jointly discuss developing the <br />industrial park He said the pro- <br />ject should be "a high priority" <br />for a!l involved, but it is too soon <br />to say how the government <br />money or the expenses should <br />be divided among the partici- <br />pants. <br /> Still, %vhat you put into it will <br /> determine what you get," Roop <br /> added. <br /> Martinsville Mayor Mark <br /> Crabtree could not be reached <br /> for 'comment <br /> <br /> · s~youocl -wtBo pue s~! <br />-po.xo xm OA!O0,~ S~UOZ OS.Ud~UO <br />u! sossou].sna 'stems ouoz o.s~d <br />--~u~, .roj po.x~p!suoo oq o~ ~I <br />Xq ~3ms oq', q~.U'A polg Oq O~ SpOOU <br />~aed o~ .~oJ uo.qealldde ~q] ~etg <br />~psoup~A~ pxeoq oq] picq oH <br /> '~unool~!o oq~ a~ou ~!s <br />oIqm.ms e pmJ o~ lumInsuoo ~q~.ud <br />e .to uo!ss.nmuo3 ~a.u~!aY~xtralcI <br />,uotupo!d~so~ atD ~.L,A~OAX pInoa <br />~tmoa ptm ~!a e~ p.~s <br />P!S.w,~V <br /> <br />~!s e 41BueP! at aIl..tAsug.tt~ <br />~f~to~ ~ pO~OA osFe p.moq attL <br /> '~ed!o.v~d <br />o, S';tm,,A ,! 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