Skip to main content

City approves LINK contract

July 10, 2014

BY JOSH PRESLEY
news@dailytimesleader.com

A development from Tuesday’s Board of Selectmen meeting was the agreement for a new contract with Golden Triangle Development LINK. The city first entered into an agreement with the LINK in 2012
City Attorney Orland Richmond said the original agreement the city signed with the LINK was revised and restructured.
“The new agreement is between the LINK and the county, that in exchange for $350,000 a year, the LINK will provide economic services to the county,” Richmond said. “The city participates in that by paying $175,000 and the county pays half.”
Richmond said in the previous agreement, the LINK was entitled to 10 percent of the city’s proceeds, but in the new contract they are entitled to 5 percent. He also said the previous agreement allowed for the city to terminate the relationship within six months if LINK CEO Joe Max Higgins left the company. Richmond said there are no worries about Higgins leaving the LINK, so the new agreement has no such cancellation option.
“The thinking is that there are a number of people at the LINK who have been working successfully in the Golden Triangle to attract businesses,” Richmond said. “The work the LINK does in Clay County is so important that that one provision shouldn’t be a deal-breaker.”
The selectmen unanimously approved the new agreement, which will take effect Oct. 1.
There was also good news for four local homeowners at the meeting, as the city has received the 2013 Home Project Grant through the Mississippi Development Authority (MDA).
The city received $378,214 from the MDA as part of a home rehabilitation program to demolish and rebuild four dilapidated houses in West Point at no cost to the owner, according to Golden Triangle Planning and Development District Program Coordinator Spencer Brooks.
“MDA received $3.9 million from the state to fund each grant, and it was a very competitive program,” Brooks said. “More than 60 local government bodies in Mississippi applied for the grant, and only 13 received funding.”
West Point Housing Coordinator Dorothy Ryland said in order to meet MDA’s requirements for the grant, the homes had to have five deficiencies: the roof, plumbing, electrical/wiring, heating and foundation. Ryland said the city received 10 applications from homeowners in West Point, with some houses having three or four of the required deficiencies, but only four that had all five.

To subscribe to the E-edition, please click here.

By Will Nations sports@dailytimesleader.com PHEBA — Hebron Christian School will be happy to get...
By Will Nations sports@dailytimesleader.com Kaitlyn Oswalt is nicknamed K.O. by Heritage Academy...
VIDEO: Peyton Manning dancing at practice

 

 

Premium Drupal Themes by Adaptivethemes