Madison County has been awarded a $1.5 million grant from Golden LEAF for site development at its new Madison County Industrial Park site in Marshall.
During the board’s Nov. 21 meeting, The Madison County Planning Board unanimously approved rezoning the tract, which is currently in use as the Madison County Maintenance Facility.
Golden LEAF said the new industrial park will attract businesses expected to create 140 jobs with annual wages at or above $44,200.
Development Services Director Brad Guth said the site is 23 acres and borders Long Branch Road, Printpack and Elderberry Lanes, located at John Hensley Road.
The site plan proposes four buildings on four lots varying in size from 40,000 to 85,000 square feet.
The county projected a budget of more than $1.8 million, of which more than $295,000 was to come from the county. Golden LEAF, and its board and consulting engineer asked the county to include a retaining wall in the project and that added to the cost.
The Board of Commissioners planned to hold a public hearing on the added expense in its Feb. 13 meeting but has postponed that hearing to its next meeting, March 12.
