Grant & Loan Awards: Monroe County


Equity

Monroe County

Equity Fund: $500,000

Awarded: 05/21/2004

Applicant: Monroe County, Development Authority of


Description:
Equity funds to assist with infrastructure improvements to the 271-acre Rumble Road Industrial Park strategically located along the I-75 corridor. Activities include providing roadway access to GRESCO (Georgia Rural Electric Supply Corp), a new industry that has committed to locating in the park with 40 jobs, as well as site clearing, grading and grubbing, storm drainage and erosion control measures to prepare industrial tracts to become prospect market ready. Monroe County is bordered by Tier 2 Crawford, Lamar and Bibb Counties and Tier 1 Upson County.


Total Budgeted Project Cost: $7,478,320


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