Grant & Loan Awards: Franklin County

Program

Date Awarded

Amount

Awardphoto_generic
Equity
06/14/2011
$500,000

Equity grant funds to assist with road infrastructure on public property to serve the new Ty Cobb Regional Medical Center in Lavonia, a non-profit healthcare organization serving Northeast Georgia residents. In an effort to provide quality healthcare more efficiently and in a cost-sustainable manner, two older facilities, the Cobb Memorial Hospital, a 71-bed Royston facility and Hart County Hospital, an 82-bed Hartwell facility, both over 50 years old, will be consolidated and operations moved to the new Ty Cobb Regional Medical Center in Lavonia. The new 56 bed, 144,550 SF state-of-the-art hospital will be located on 39 acres of land owned by the Franklin County IBA. The road infrastructure will serve as primary access, service/emergency access and intersection improvement to allow safe turning and deceleration lanes.

ESB
ESB
08/23/2007
$110,000

ESB loan guarantee to construct a radio tower, rehabilitate a building in Lavonia and purchase/install radio broadcasting equipment for Radio Elberton, Inc., a new radio broadcasting company. The business is owned by two individuals who own five other radio stations in Georgia. First Citizens Bank of Toccoa is the lender.

AIRGeorgia
AIRGeorgia
11/01/2006
$898,200

AIRGeorgia funds to extend the existing runway from 3,500 feet to 5,000 feet. Project activities include easement acquisition, site preparation, paving, constructing a blast pad, extending the runway safety area, constructing a taxiway turnaround, extending runway lights and installing taxiway lighting and signage.

Equity
Equity
03/10/2006
$12,500

Equity funds for a feasibility study that will serve to identify and determine whether it is viable to have two mega ramp locations on Lake Hartwell. The primary purpose of this project is to promote tourism through the attraction of fishing tournaments. The proposed mega ramp locations on Lake Hartwell are in Gum Branch/ Hart County and Tugaloo State Park/ Franklin County.

EDGE
EDGE
06/15/2004
$650,000

EDGE funds to assist with site grading of approximately 22 acres within the newly established 150-acre Gateway Hi-Tech Industrial Park in support of the location of TI Automotive. TI Automotive, headquartered in the U.K., is the world's leading supplier of fuel storage and delivery systems for cars and trucks and fluid carrying systems for braking and powertrain applications to automakers. Hart and Franklin Counties are in competition with Anderson, South Carolina. The project will create 130 new jobs within two years.

Equity
Equity
05/09/2003
$25,000

Equity funds to support a professional market segmentation and consumer analysis study as this tri-county authority (Franklin, Hart, Stephens) establishes a goal of branding the Lake Hartwell region as the Great Lake of the South. The study will be conducted by a unit of the Economic Development Institute at Ga. Tech, known as the the Tourism and Regional Assistance Center. The tri-county authority intends to build on the natural beauty of the lake, interstate access, strong heritage and history, while also balancing the preservation and protection of its natural and historic resources.

Equity
Equity
07/31/2001
$500,000

Equity funds for Development of Gateway Regional Industrial Park, 150 acre prime site along I-85/GA 77. Park will target high-tech companies aimed at diversifying regional economy.

Equity
Equity
06/03/2001
$5,000,000

Equity funds for Development of Gateway Regional Industrial Park, 150 acre prime site along I-85/GA 77. Park will target high-tech companies aimed at diversifying regional economy.

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