Industrial Board Owned Building Up For Sale

The building located at 475 Bryant Lane currently owned by the Industrial Board of Cannon County is now up for sale after the Industrial Board approved a motion during last night’s monthly meeting to put the building on the market instead of trying to lease it.  A committee was put together comprised of Dean Moore, Neal Applebaum and chairman Randall Reid to start the process of putting the building formerly occupied by PC Disposal on the market to sell the building.  One of the potential buyers could be Cumberland Plastics who had expressed interest in renting or buying the building as their operations are expanding due to a contract awarded to them recently by Nissan.  PC Disposal the last tenant to rent the building made contact with board member Mindy Gunter and promised her that they would take care of the electric bill they are responsible for while renting the building and then after it is paid off they will pay the back rent that is owed to the Industrial Board.  Board Attorney Summer Bouldin gave an update on the status of THC Select.  He advised the board to be prepared for a scheduling conference in the upcoming weeks.  Mr. Bouldin ran through a couple of different scenarios that might happen concerning the handling of the lawsuit against the board by THC Select officials.  A committee was formed in the December meeting to bring suggestions to the table concerning 47 acres of Industrial Park Property.  It was decided to interview auction firms, and continue contact with the Town of Woodbury to see if they would like to buy the property from the Board.  The 2013 IDB meeting schedule was approved. This covers the first Tuesday of every month at 6:00 at the Cannon County Courthouse.  An audit was done on the outstanding loans of the Industrial Board.  The results were turned over to Attorney Bouldin who will handle the matters from there.  The next meeting of the Industrial Board of Cannon County is scheduled for Tuesday February 5th