First Posted: 8/24/2009
The ABC store project was an item of interest for the Pilot Mountain Commissioners last night as they approved the financing terms for a construction loan and discussed next steps for the project.
The board unanimously approved a resolution agreeing to the financing terms of a loan for the ABC building construction. The loan would be at a 4.79 percent interest rate over a period of 15 years. The loan must be approved by the bank and by the Local Government Commission. Town Manager Blair Knox said the terms will be brought before the board each month with revised interest rates until the agreements are approved by all necessary parties.
Before the Pilot Mountain ABC site selection can be approved by the North Carolina Alcoholic Beverage Control Commission, Gov. Bev Perdue must approve two commissioners for the state board. The board has been void of two members since May, and there must be a complete board before it can meet and vote on items.
Were stuck until (Perdue) picks them, said Doug Brannon, chairman of the Pilot Mountain ABC board.
Brannon has spoken with Mike Herring, North Carolina commission administrator, regarding the towns plan. Herring said he is fully behind the Pilot Mountain project, but nothing can be approved until Perdue completes the board. A state board meeting is scheduled for Sept. 16 if Perdue chooses the final two commissioners.
Hopefully Gov. Perdue will come through for us, Brannon remarked.
Meanwhile, Pilot Mountain opens bids on Wednesday at 2 p.m. for the construction contract for the ABC building. Brannon said the town will not know the cost of construction until the board receives the bids. The building will be constructed on Veterans Drive if all is approved.
During the meeting the board also unanimously approved the town manager to begin the process of approving the voluntary annexation of three parcels in Pilot Mountain. They also approved a recommendation for the rezoning of the Pilot Center from general manufacturing to general business. These recommendations will now go through the processes necessary before a vote can be made to approve or reject the proposals, including public hearings.
At the beginning of the meeting the American Recovery and Reinvestment Act Summer Youth Employees were recognized by the board. This summer program offered employment and training opportunities to local youth from July 1 through the end of August. Brandon Cook and Billy Key were present to receive plaques with the resolution thanking them for their work over the summer. Rodney Davis was also employed with the town this summer but was not in attendance at the meeting.
The next meeting of the Pilot Mountain Board of Commissioners will be on Monday, Sept. 28 at 7 p.m. in the Town Hall board room.
Contact Meghann Evans at [email protected] or at 719-1952.