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The Local Agenda: Area Development Authority to consider financing projects

POSTED: October 21, 2013 11:17 p.m.

Members of the Gainesville and Hall County Development Authority are scheduled to meet at 8 a.m. Thursday at the Greater Hall Chamber of Commerce.

The development authority has several “inducement resolutions” it will consider at the meeting. An inducement resolution is an item the authority can vote on to help a company with financing or incentives to encourage it to build or expand in Hall County.

Development authority members are scheduled to consider issuing up to $21 million in series 2013 industrial bonds for the American Yazaki Inc. project. Yazaki is one of the world’s largest privately owned automotive suppliers. Yazaki North America is part of the Yazaki Group, based in Japan, and manufactures vehicle parts. The details of the project are unknown.

Members of the authority also will consider an inducement resolution from February 2012 and an agreement between IMS Gear Inc. regarding financing authority of up to $40 million in authority revenue bonds to pay for economic development projects.

Attorney Treadwell Syfan said this is a modification of the resolution adopted in February 2011 for various company projects. IMS Gear manufactures small gears that eventually end up on car manufacturers’ assembly lines. It’s been a Gainesville business for more than 17 years.

The development authority is also scheduled to elect officers and considering approving the sale of a 10-acre site at the Gainesville Industrial Park West to J2L, which manufactures flotation devices.

Hall County to consider veterans’ grant for mental health court

The Hall County Board of Commissioners on Thursday will consider applying for a grant to establish a program in the county’s mental health court that will serve the incarcerated population.

The Health, Empowerment, Linkage & Possibilities program was created in 2004 to divert people in the criminal justice system who commit crimes because of mental illness. It’s under the direction of Superior Court Judge Kathlene Gosselin.

There are currently seven veterans served by the HELP program. County officials said judges are seeing combat vets come back with issues such as post-traumatic stress disorder and ending up in the criminal court system. They also struggle with homelessness and maintaining stable employment.

Grant funding would go toward hiring a full-time case manager.

Sarah Mueller covers government issues for The Times. Share your thoughts, news tips and questions with her:

smueller@gainesvilletimes.com

facebook.com/TimesSarahMueller

@SMTheTimes


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