2011-08-02 TROF Resolution - Ringgold E Ind ParkRESOLUTION ACCEPTING TOBACCO REGIONAL OPPORTUNITY FUND
GRANT FOR RINGGOLD EAST INDUSTRIAL PARK, PI'I'TSYLVANIA
COUNTY, VIRGINIA
2011-08-02
WHF,REAS, Pittsylvania County has been impacted by the decline of the tobacco
industry causing a negative impact on economic development and growth throughout the
County, and
WHEREAS, the Tobacco Indemnification and Community Revitalization
Commission has developed an economic development program to help tobacco related
localities to change and revitalize their economy, and
WHEREAS, grants from the Tobacco Regional Opportunity Fund will assist
Pittsylvania County in transforming its economy to replace the decline in the tobacco
agro-business community by encouraging businesses to locate and expand their
operations in Pittsylvania County, then
BE IT HERF,BY RESOLVED, that the Board of Supervisors of Pittsylvania
County accepts the Tobacco Regional Opportunity Fund grant, in the amount of
$100,000, for real property improvements at 2275 Cane Creek Parkway, in the Ringgold
East Industrial Park, and authorizes the County Administrator to sign the necessary
Performance Agreement, and all necessary correspondence relating to the Tobacco
Indemnification and Community Revitalization Commission, "Tobacco Regional
Opportunity Fund and to be responsible for the accuracy of the application and for the
appropriate use of funds. The Board of Supervisors of Pittsylvania County further
resolves that the County will be liable to the Tobacco Indemnification and Community
Revitalization Commission if certain specified employment and investment goals are not
met within 36 months, and that all received "Cobacco Regional Opportunity Funds, for
this specific project, will be spent on on-site real property improvements.
Given under my hand this l6°i day of August ?011.
Tim R. Barb r, Chairman
Pittsylvan~ ounty Board of Supervisors
William D. Sleeper, C~rk
Pittsylvania County Board of