During a special called meeting on Wednesday morning, the Princeton-Caldwell County Industrial Development Authority Board of Directors voted to proceed with the demolition of property on Cox Street.
Judge-Executive and Board Chair Kota Young informed the board members that they have acquired the Cox Street property for $1,000, with a 90-day holdout period before demolition can commence.
click to download audioThe board voted unanimously to authorize Young to move forward with the demolition with Princeton Mayor and board member Brock Thomas absent from the meeting.
In other new business, the board approved the Fiscal Year 2018-Fiscal Year 2022 Attestation Agreement.
click to download audioIn old business, Young provided an update about the Washington Street Factory and Eagon Street Property.
click to download audioAnd board member Amanda Davenport provided an update about the Industrial Park building project.
click to download audioIn other action, the board approved the financial statements for June, July, and August and the minutes from the June 17 regular meeting.
