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IDA hails expansion of Halifax County Enterprise Zone / January 29, 2018

Members of the Halifax County IDA, meeting a week late due to snowfall last week, welcomed the news of the renewal and expansion of the Enterprise Zone.

“It’s a great program for businesses,” said Kristy Johnson, deputy IDA director, who noted that the expanded territory of the program now includes Commonwealth Assisted Living, as well as Berry Hill Health and Rehab and businesses in Hupps Mill Plaza.

The Enterprise Zone now encompasses almost 25 acres, which is near the limit for acreage that can be included in the program.

The extension, which is good for the next five years, comes after the program has been in existence for the past 10 years. Last year nine local businesses were awarded over $125,000 in state incentives, in return for additional jobs and investment in real property.

IDA board members also approved a plan which was submitted to Halifax County Supervisors during their December monthly meeting by Emergency Services Coordinator Chad Loftis. Loftis proposed to make to changes to the county’s Emergency Operation Plan to establish a Joint Operation Center at the Southern Technology Park, Building 1 in case of emergencies.

Under the proposal, the county fairgrounds would be used to serve as the point of distribution for food, water, clothing, etc. in the event of a major emergency.

IDA executive director Matt Leonard advised members that the annual audit is near completion and will be submitted for their approval at the upcoming February meeting. He also noted that the refinancing of the agency’s debts should be completed in the next few weeks.

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