Corinth, Alcorn counties plan economic development agreement

By Lena Mitchell/NEMS Daily Journal

CORINTH – Alcorn County and the city of Corinth will forge an agreement that will allow the two local governments to share resources for economic development projects.
The Board of Supervisors voted this week to proceed with drafting an agreement between the two entities “similar to an interlocal agreement,” said board attorney Bill Davis.
Davis and city attorney Wendell Trapp will work out the details of the agreement and take it before each board for approval.
“There’s a particular economic development project in the works right now where they think this arrangement will be particularly helpful,” Davis said.
In today’s economic climate, everyone is trying to find creative ways to move projects forward, said Gary Chandler, president of The Alliance economic development organization.
When the city-county-owned Corinth-Alcorn County Airport receives a federal grant, the local matching funds are divided between the city and county. The proposed agreement would allow similar cost-sharing on other economic development projects.
“We’re all interested in job creation projects, and this gives us a way to share equally in the financial responsibility for those projects,” Chandler said.

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