One of Clay County's growing industries is expanding even further.
The Clay County Council approved two tax abatements, totaling over $3 million, for IVC Industry Coatings in their meeting Monday night.
IVC is a producer of powdered paint and will be increasing the space in which the company operates.
Currently equipped with 105,000 square feet of operating space, the company applied for a 10-year real estate abatement which will go toward the creation of a 46,000 square foot warehouse at a cost of $1.5 million.
The company also applied for a 10-year personal property abatement for $1.8 million worth of new equipment. The increase of equipment and operating space has the company anticipating an increase in staffing by at least 10 employees.
Both abatements were accepted by the council and are also subject to the new clawback agreements set by the council at a meeting earlier this year.
The council also approved the CF1 statement of abatement compliance forms submitted by six county companies, finding no company to be in non-compliance of their staffing goals.
With the Community Corrections Department working on a July-June fiscal year, the council also approved an Amended Salary Ordinance for the department's employees. Department fees and grant money pay the salaries of employees in the department, not county money.
Clay County Sheriff Mike Heaton informed the council of an ordinance which will be prepared setting the fees for the Sex Offender Registry. He said there would be an annual charge of $50 for those included in the registry, with an extra fee of $5 to update the information should someone move that is listed in the registry.
The council also heard from Clay County Assessor Mark Barnhart, who presented an option of reassessment which would be spread out over the next four years.
He recommended the services of Tyler Technologies/CLTDivision, of Dayton, Ohio, to conduct the reassessment, which needs completed by 2011.
Under the proposal, reassessment starts this year, with the county being split up into four areas, each to be reassessed by the end of 2010. The belief is that splitting the county up to spread out the reassessment process would create less errors in the reporting in comparison to doing it all at once. The last true reassessment of property parcels was done in 1995.
A new contract needs to be drawn up and will be analyzed at a future meeting of the council.
Appropriations distributed during Monday's council meeting included:
* Funds were transferred within the Circuit Court portion of the General Fund to pay for Law Books. The cost of the new books is $8,152.
* A total of $414,000 was appropriated to the Jail Cagit Fund to pay the bond payment for the Clay County Justice Center.
* For the replacement of three county bridges, two with a flatcar and one with a tank car, $150,000 of additional appropriations was put into the Cumulative Bridge Fund for bridge work.
The next meeting of the Clay County Council will take place on Monday, Aug. 6, 2007, at 6 p.m. in the Commissioners' Court at the Clay County Courthouse.