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Archive for the ‘MEDC’ Category

Council Makes Economic Development Contract “Professional Service” – Selects MEDC to Continue During Interim

Thursday, January 8th, 2015

In a special called meeting Wednesday evening, January 7, the Monticello City Council passed a resolution to reject the bids submitted for economic development services on November 21, 2014; to declare economic development services as professional services; to authorize the publication of requests for qualifications for economic development; and to extend the current “contract” with Monticello Economic Development Commission to February 28.

(more…)

Special City Council Meeting, Tonight, for Water & MEDC/Mays

Wednesday, January 7th, 2015

City Council Votes to Make Economic Development a “Professional Service” in Special Meeting

Tuesday, December 30th, 2014




In a special meeting of the City Council, called by 3 of its members, Monday night, the topic of the “economic development” bid (and how it was handled at last weeks meeting) was discussed in depth.

At one point alderman Cedric Leonars described the groups earlier decision as, “Eight blind people up here that don’t know what’s going on,” referring to the council handling of bid contracts presented by MEDC and Mays & Associates for the city’s economic development.

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Council Chooses MEDC over Mays & Associates for $280,000 Economic Development Contract

Friday, December 19th, 2014

Thursday night the Monticello City Council accepted the bid of the Monticello Economic Development Commission, better known as the MEDC, of $280,617 for economic development services to the city over P.F. Mays & Associates, LLC’s bid of $264,000.

The problem for that decision, (which has no correct answer) comes back to the way the contract was advertised in its legal annoumcement.
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Rails Being Laid at Industrial Park

Wednesday, October 23rd, 2013

zzzzzzz

zzzzAfter months of dirt moving by city and county workers, as well as the UAM heavy equipment training class, rails and crossties are now being laid in place for the new rail spur at the Industrial Park, on HWY 35 East.

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County, MEDC, Others See Huge Benefits from States’s New VA Home, if Built in Monticello

Tuesday, October 22nd, 2013

The recent re-application for cities to espresse interest in being home to the state’s new veterans care home is receiving the full attention of Quorum Court, MEDC, City of Monticello, and many other local residents and organizations.

When consttucted, the $22 million dollar facility ex expected to provide over $3 million in yearly payroll.

The deadline is November.

 

 

MEDC Report to City Council

Friday, September 27th, 2013

MEDC reported that they have had on-going contact with a prospect, and it is still looking positive. They will be meeting with AEDC next week to negotiate incentives.

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Local Industry Expanding, Considering Lease of MEDC’s Spec Building

Friday, September 6th, 2013

spec building

The industrial “spec” speculative building, which was built as a qualification for the state’s ACE program, seems to have a local industry that will likely use the structure as part of a long term lease, for warehouse space.

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Groundbreaking Ceremony Held for Public Rail Access Facility at Industrial Park

Wednesday, March 27th, 2013

The groundbreaking ceremony to mark the start of construction of a Public Rail Access Facility in the MEDC Industrial Park was held Tuesday afternoon.

When completed the new rail spur will hook to the existing (soon to be improved) spur at Hood Packaging, and switch to a rail that will send freight cars into the Industrial Site for loading and unloading of cargo. This will likely begin with lumber.  Currently Price Lumber and occasionally Maxwell Hardwood load rail freight at the Jackson Street crossing.

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20 for the Future & MEDC Leaders Meet with Washington DC Delegates

Thursday, March 14th, 2013

Eight local business leaders and government officials visited our elected officials in Washington D.C.Tuesday and Wednesday, to discuss our local infrastructure needs.

During their trip, members of the MEDC and 20 for the Future met with Congressman Tom Cotton, Senator Mark Pryor, and Senator John Boozman.

This photo was taken during their meeting with Senator Boozman.

Centerpoint Property on Chester St. to become MEDC Property

Friday, March 8th, 2013

As the former Centerpoint Energy property on N. Chester St. is being cleared out, with the company’s move to the Industrial Site, the property will son belong to the MEDC, in receipt of the land-swap for the gas company’s new worksite.o

The first likely tenant will be contractor’s for the city’s new water system upgrade  project.

Maxwell Resigns from MEDC to Accept National Hardwood Federation Board Position

Thursday, February 7th, 2013

Tommy Maxwell, vice- president of Maxwell Hardwood Flooring has submitted his resignation from the Monticello Economic Development Commission, where he served as vice-president, to accept a position on the National Hardwood Federation Board.

MEDC Contract Approved by City Council -Edited

Friday, January 25th, 2013

The Monticello City Council approved the extension of MEDC’s bid for services to the city for $268,692 (for 2013) at Tuesday nigh’ts meeting.

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