Substitute
Public Hearing: YES ☐ NO ☒ Department: Chief Executive Office
SUBJECT:
Title
Commission District(s): All
To appropriate 1 million dollars to the DeKalb County Development Authority for economic development purposes from the Non-Departmental -General Fund- Reserve for Contingencies.
Body
Information Contact: Zachary L. Williams, COO/Executive Assistant
Phone Number: 404-371-2881
PURPOSE:
To consider appropriating 1 million dollars from the Non-Departmental-General Fund-Reserve for Contingencies to the DeKalb Development Authority (“Decide DeKalb”) for economic development purposes.
NEED/IMPACT:
O.C.G.A. 45-8-220 allows the County to appropriate money to a development authority for economic development purposes. The Georgia Piedmont Technical College has announced that it is in the process of constructing an economic development project in Lithonia Georgia. The College will be constructing a Regional Transportation Training Center.
The logistics industry is a major component of the economy for Georgia and DeKalb County. This New Training Center will be instrumental in producing skilled workers for high demand transportation jobs like commercial truck drivers, logistics and distribution workers. This New Training Center will provide programs in automotive technology, specializing in electric vehicles, business management, civile engineering commercial truck driving, diesel mechanics, forklift training, logistics technology and welding and joining technology. DeKalb County will use the New Training Center when appropriate and feasible for training employees and/or candidates for employment.
This $1,000,000.00 appropriation to Decide DeKalb for economic development purposes will allow Decide DeKalb to grant funds to Georgia Piedmont Technical College via intergovernmental agreement to be used exclusively for the construction of a new 28,000 square foot two story facility to replace the existing facility. An additional 3,000,000.00 appropriation for economic development purposes will be included in the Chief Executive Officer’s 2022 and/or 2023 budget recommendations.
Payment of the one million dollars to Decide DeKalb will be made after adoption and approval of intergovernmental agreement(s) by the County Governing Authority, Decide DeKalb and Georgia Piedmont Technical College in 2022.
FISCAL IMPACT:
$1,000,000.00 from Non-Departmental General Fund- Reserve for Contingencies
RECOMMENDATION:
Recommended Action
To appropriate $1,000,000.00 to Decide DeKalb for economic development purposes as detailed in this agenda item and authorize the chief executive officer to execute all necessary documents.