The Gainesville and Hall County Development Authority voted Tuesday to approve, among other items, a “Repayment Agreement” between the county and Kubota Manufacturing of America over the purchase of 180 acres in the Gateway Industrial Centre in North Hall. The agreement stipulates that if Hall County fails to meet three previously agreed upon stipulations — the construction of a public access road into the industrial park, the relocation of a cell tower on the property and a local property tax abatement — Kubota can sell the land back to the county. The stipulations are all part of a $100 million expansion of Kubota’s existing presence in the area, which has been at the forefront of the Development Authority’s agenda since October.
Local property tax abatement, cell tower relocation agreed upon to secure Kubota deal