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Archive for the ‘Intermodal facility’ Category

Intermodal Authority Holds Intense Discussion on It’s Inability to Pay Bills

Friday, August 17th, 2012

The meeting was contentious from the onset as the board immediately went into a discussion of cash flow issues and the fact that numerous bills are past due including one from T&T Construction in the amount of $278,000.00. Mr. Tracy Rawls, owner of T&T was present and indicated he had pulled off the job pending being paid. He indicated he had borrowed a substantial amount of money to cover his costs while waiting upon payment from the Authority. Mr. Rawls stated that he wanted to be exempt from liability for the work he has completed should there be substantial rain before he can complete more work. There is a danger that repairs could be costly.

Click here to read the full story on SalineRiverChronicle.com

Update on Intermodal Facility & Upcoming Watertank Constuction

Friday, February 17th, 2012

Report by combined staffs of MonticelloLive and SalineRiverChronicle.com.

The Southeast Arkansas Regional Intermodal Authority met in Monticello on February 15, 2012. The board reviewed the financial statement and bills paid and owned.

Action was taken on bids received Tuesday, February 14, 2012 for water and sewer line installation on the Intermodal site located on Highway 278 just east of Wilmar. The companies submitted low bids on various portions of the project: (more…)

Intermodal Access Road Dedicated in Ceremony

Wednesday, October 20th, 2010

Last week, the first project of the Intermodal Facility, it’s access road, was dedicated in a public ceremony, attended by more that 50 business and political leaders and representatives from around the area.

The intermodal facility, set up under act 690 of 1999, is designed to unite regional entities, like the cities of Monticello and Warren and Drew and Bradley Counties, to work together to facilitate economic development.

The most important phrases included in the ceremony were “team effort” and “persistence and patience.”

John Lipton, chairman of the intermodal facility board, was not aware until the dedication that the access road was being named in his honor.

The full project encompasses 354 acres.

$1.9 Million Grant for Local Intermodal Facility’s Water & Sewer System

Wednesday, May 5th, 2010

U.S. Senators Blanche Lincoln and Mark Pryor and U.S. Representative Mike Ross have announced that the Southeast Arkansas Regional Intermodal Authority, made up of the Cities of Monticello and Warren, and Drew and Bradley Counties, will receive a $1.9 million grant from the Economic Development Administration under the U.S. Department of Commerce to construct water and sewer infrastructure for a new industrial park outside Monticello. 

The funds will be used to construct water and sewer infrastructure for the new industrial park, which will support new and expanding industries. The project is expected to create 40 jobs and leverage $5 million in private investment. (more…)

SeaArk Marine to Sign Letter of Intent with Intermodal Authority, Considering Possible Future Re-location

Monday, April 27th, 2009

seaark-logoIt was announced at a recent Intermodal Authority meeting,  that SeaArk Marine has agreed to sign a “letter of intent” with the intermodal authority, which may eventually lead to the Monticello boat manufacturer re-locating to the new industrial site, just west of Monticello, across from the sports complex.

imodal

The intermodal authority has applied for a grant from the Economic Development Administration (EDA), and one of the requirement for further consideration is a promisory “letter of intent” from an industry that would become a part of the facility. This part of the process of finalizing the grant process will hopefully lead to funding by EDA. (more…)

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