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Raleigh County Commission approves resolution for development district at Pinecrest Industrial Park
Raleigh County Commission approves resolution for development district at Pinecrest Industrial Park

Yahoo

time28-02-2025

  • Business
  • Yahoo

Raleigh County Commission approves resolution for development district at Pinecrest Industrial Park

BECKLEY, WV (WVNS) — During a special meeting on Thursday, February 27, 2025, Raleigh County Commission approved a resolution to create an economic development district, which may be developed using deferred sales tax collection. Raleigh County Attorney Bill Roop said Pinecrest Industrial Park is the targeted acreage for the proposed district. It was unclear if additional acreage would be included. Greg Duckworth, president of Raleigh County Commission, said the proposed economic development district would allow retailers to build a development using sales tax financing to pay off their bonds. The county and state agree not to collect sales tax in the district so the development can be created. 'Preserving Black Churches' grant aims to save more sites like New Salem Baptist Church Roop said that Legislative bills this session, one in the Senate and one in the House, support the creation of such districts. Duckworth said the special meeting was called on Thursday because there was a sense of urgency to have the district created during the current legislative session. Jozy Moore, a spokesperson for New River Gorge Regional Development Authority, urged commissioners to ensure the resolution wasn't premature and that the process aligned with the bills. 'I do think there's, according to the code, a great deal of work that needs to be done before you potentially pursue approving this,' Moore advised commissioners. 'But that is up to you, how you guys decide to proceed.' Moore pointed out that public hearings are required by law. Roop said the Senate bill requires a resolution to show state lawmakers the county will host the proposed district. WVEA president says WV schools could lose millions if Trump Administration closes Department of Education 'We're doing what we were asked by the Senate, and I think what they're (NRGRDA) talking about, is the process on down the road,' said Roop. 'We will have public hearings, and we will have more input and more exact descriptions, once we get to that point.' Moore stated during the meeting that the role of NRGRDA was to provide information to commissioners. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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