The Union Recorder

Local News

December 4, 2013

Development Authority moves Shaw Building lease onward


The Development Authority of the City of Milledgeville and Baldwin County held its final 2013 meeting at the Baldwin County Airport Tuesday.

In addition to saying an official goodbye to Chair Dr. Jo Ann Jones and secretary Annette Ford for their long authority service, the board passed several motions involving the Shaw Building lease, county corridor improvement plans and a shared full-time employee with the Chamber of Commerce.

• Shaw Building lease action approved

Milledgeville Mayor Richard Bentley and David Sinclair, acting chairman of Solar Zones, LLC., signed a Memorandum of Understanding to put the vacant Shaw Building back to work as the Milledgeville-Baldwin County Communiversity (MBC) in early October. 

A communiversity is a community-based public-private partnership that encourages community learning, entrepreneurism and economic development. 

After nearly four months of negotiations, the city agreed to lease-purchase the 93,000 square foot building to Solar Zones by way of the Milledgeville-Baldwin County Development Authority for $450,000 because the city can't legally lease the building.

The authority settled initial questions about the MOU and sublease agreement before unanimously approving it Tuesday.

Development Authority Executive Director Matt Poyner said the authority bears no liability, but instead will simply act as a conduit for the transaction.

“We'll lease the building from the city and then will sublease from us to Solar Zones,” Poyner said.

If the tenant defaulted for any reason, the building and any leans or debt go back to the city.

“We are just a landlord,” attorney George Carpenter Jr. said.

Poyner said Solar Zones would supply a quarterly capital investment summary to the authority and the city. Dollar points go toward the purchase price as improvements are made. 

“The improvements to the property basically constitute the rent,” Carpenter said.

The lease runs for two years.

Neither the city nor Solar Zones have signed off on the new agreement yet.

Text Only
Local News
AP Video
Texas Scientists Study Ebola Virus Smartphone Powered Paper Plane Debuts at Airshow Southern Accent Reduction Class Cancelled in TN Raw: Deadly Landslide Hits Indian Village Obama Chides House GOP for Pursuing Lawsuit New Bill Aims to Curb Sexual Assault on Campus Russia Counts Cost of New US, EU Sanctions 3Doodler Bring 3-D Printing to Your Hand Six PA Cops Indicted for Robbing Drug Dealers Britain Testing Driverless Cars on Roadways Raw: Thousands Flocking to German Crop Circle At Least 20 Chikungunya Cases in New Jersey Raw: Obama Eats Ribs in Kansas City In Virginia, the Rise of a New Space Coast Raw: Otters Enjoy Water Slides at Japan Zoo NCAA Settles Head-injury Suit, Will Change Rules Raw: Amphibious Landing Practice in Hawaii Raw: Weapons Fire Hits UN School in Gaza Raw: Rocket Launches Into Space With Cargo Ship Broken Water Main Floods UCLA
Twitter Updates
Follow us on twitter

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
NDN Video
Heartwarming 'Batkid Begins' Documentary is Tear-Jerker Orlando Bloom 'Takes a Swing' at Justin Bieber In Ibiza Pitch Invading Morons Cause Chaos - @TheBuzzeronFOX Sadie Doesn't Want Her Brother to Grow Up "Maxim" Hotness! See Jessica Alba's Sizzling Spread Two women barely avoid being hit by train Broken Water Main Floods UCLA Orlando Bloom and Justin Bieber Reportedly Came To Blows In Ibiza Meet the Man Behind Dumb Starbucks Chris Pratt Adorably Surprises Kids at a 'Guardians of the Galaxy' Screening NOW TRENDING: Peyton Manning dancing at practice "The Bachelorette" Makes Her Decision Thieves pick the wrong gas station to rob Golden Sisters on '50 Shades' trailer: 'Look At That Chest!' Staten Island Man's Emotional Dunk Over NYPD Car - @TheBuzzeronFOX GMA: Dog passes out from excitment to see owner Baseball Hall of Famers Inducted 'Hunger Games: Mockingjay Part 1' Sneak Peek Florida Keys Webcam Captures Turtles Hatching Morgan Freeman Sucks Down Helium on 'Tonight Show'