Simpson Fiscal Court will hold a hearing for public comments on the proposed use of County Road Aid and Local Government Economic Assistance on Friday, May 22 beginning at 8:30 a.m. at the Simpson County Courthouse.
The public will not be able to attend the hearing due to social distancing guidelines, but can submit questions or comments about use of the funds. The questions or comments will be read at the meeting.
Contact the county judge/executive’s office for information about how to submit questions or comments no later than 4 p.m., Thursday, May 21.
A public notice about how to submit comments or questions is available in the May 14 edition of the Franklin Favorite.
The meeting can be seen live on the Franklin-Simpson Channel 9 Facebook page.
At a meeting on May 12, fiscal court approved an inter local cooperative purchasing agreement with the City of Franklin for the purchase of asphalt, milling or other goods or services relating to street or road resurfacing.
The court amended the length of the agreement from five years to three years. The agreement now runs through Dec. 31, 2022.
The Franklin City Commission has also approved the agreement.
By a four to one vote, the court approved a motion to have a new agreement prepared for an application for a Community Development Block Grant for the XYZ CDB Group, Inc., which is building a hemp processing facility on Steele Road. Magistrate Myron Thurman cast the lone no vote.
The original grant application said the funds would be used for water and sewer upgrades along Steele Road. The grant would now be for the purchase of equipment, estimated to cost about $800,000.
The grant would be for up to $1 million.
Although it is called a grant, the funds have to be repaid at a low interest.
If the grant is awarded, the funds go through the county, then to the Franklin-Simpson Industrial Authority to purchase the equipment. The industrial authority would lease the equipment to the company.
The county would be responsible to repay the funds if the company is not able to make payments on the equipment lease.
The court said the new agreement requires a surety guarantee from the company and dates that the company will begin making payments to pay back the lease for the equipment.
Once it is prepared, fiscal court still has to approve the agreement.