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CACIDA consultant will fly to West Coast Sunday
By Ed Waggener Martin Jones, consultant for the Columbia Adair County Industrial Authority (CACIDA), announced today that he will go the the West Coast next week on business for the authority. Jones made the announcement the authority's regular January meeting over a Pizza Hut pizza and Coke lunch, in business meeting at the Chamber of Commerce building, Wednesday, January 9, 2007. The meeting ran from 12noon to approximately 12:50pm. Judge Ann Melton was in attendance. Chairman Jason Corbin presided. Other authority members present were Monica Rogers, Randy Nelson, and Barry Corbin. Consultant Martin Jones welcome Judge Melton to the meeting, and applauded the new Judge and Mayor Bell for their participation in economic development work. Industry Appreciation Lunch Date set The authority voted to hold its first Industry Appreciation Lunch at Cranmer Dining Center on the campus of Lindsey Wilson College on Friday, April 27, 2007, the day after the college's Founders Day. The luncheon will start at 11:30am and will continue until 1:30pm. The Friday date was chosen in part to allow for state political leaders to attend. Consultant Martin Jones will pick the speaker. The authority will also invite heads of utilities, representatives of the Center for Rural Development, and other economic development dignitaries to attend. The group expects about 100 invited guests to be in attendance. The cost of the lunch, estimated at $600-700, be underwritten by local businesses, if all goes to plan. Authority Member Monica Rogers volunteered to start the support contacts soon. Chairman Jason Corbin thanked Member Rogers for her efforts in organizing the event to this point. Consultant Martin Jones gives report Jones told the authority that he had said that he would not make the West Coast trip without leads. "I was there five or six years ago," he said, "It was a little weak then." But this time, he said, he knows of four valid leads. Jones said that he was aware of four solid buiness prospects on the West Coast who are looking at the Southeast United States. Member Monica Rogers asked Jones where he would be going on the West Coast and Jones answered that he would be going to California. He will fly out Sunday, he said, and will be back sometime next week. Jones also has recruiting trips planned to Chicago and Atlanta in 2007. Advises against dealing with site selection consultants at this time Jones said that he has also been in contact with some site selection consultants, but was hesitant to recommend one. "Some will bleed a community to death," he said, and suggested holding off on dealing with a site selection consultant to help CACIDA, preferring the authority go on its own, for now. "You have to have a balance," he said. More reports to Fiscal Court, City Council Jones reported that he is staying more in touch with Fiscal Court and the City Council. He said that he had reported to Fiscal Court in their last quarter meeting (the regular December, 2006, meeting) and to City Council at their last meeting (January 2007). Jones said that both bodies are asking for more detailed reports on authority spending and on the results being obtained. At the January 2, 2007, Columbia City Council meeting, Councillor June Parson had asked for detailed, itemized financial statements and balance sheets. Jones promised her that would be forthcoming; both members of the City Council and Adair Fiscal Court, who contribute $50,000 annually, each, to the authority's budget, have asked for more up-to-date reports on the authority's progress. Jones readily volunteered to comply with those requests. Authority has been playing catch up He said that a lot of the last 10 years has been in playing catch up, but said that the infrastructure is in better shape now. Jones noted that the idea of emulating the Team Taylor and Logan Lead economic development models had been suggested to him. "They are very successful," he said, "but I'm afraid that doing that would put us back in a planning mode," he said, adding that CACIDA has that behind them and is ready to act. He said he is in a tentative deal to obtain project visits for local leaders to visit two prospects' locations, but cautioned, "This is very preliminary." Uptick in need for more local incentivesJones said that in the past, prospects would ask for local incentives after prospects are nearer to closing a deal. "Now there's an uptick in interest in local incentives," he said. "Now they're (requests for incentives) are coming to the forefront." At the close of his presentation, there was no discussion and no new business discussed. About your Columbia-Adair County Industrial Authority Meets first Tuesday of each month at noon at the Columbia-Adair County Chamber of Commerce Building. Martin Jones, Executive Director. Authority board: Chairman, Jason Corbin; Vice Chairman, Mike Neal; Secretary-treasurer, Monica Rodgers; members Randy Nelson, and Barry Corbin. Three members are appointed by the Adair County Judge and approved by Adair County Fiscal Court, three by the Mayor of Columbia, approved by the Columbia City Council. The authority is funded by both entities. Current support is $50,000 for each governmental unit. This story was posted on 2007-01-09 13:59:45
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