JDA OKs Sale of 19 acres for more than $249K

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By Nick Nunn, Staff Writer

During the Oct. 22 meeting of the Joint Development Authority (JDA), the authority signed a resolution to sell 19 acres of land at more than $13,000 per acre to JC Flex, LLC for a total of more than $249,000.

On Dec. 12, 2000, the JDA entered into a purchase and option agreement with Technology Park/Atlanta Inc for a 1,528-acre tract of land in Morgan, Newton and Walton counties. Stanton Springs, LLC, as successor to Technology Park/Atlanta, Inc., assigned JC Flex, LLC, to exercise its option to purchase 19 acres of the 1,528-acre property.

Members of the JDA noted that this takedown of land is only one of a series to occur over the next several years, with final takedowns taking place in 2018.

The JDA also granted a temporary construction easement of 0.171 acres to QuickStart for the purpose of grading. QuickStart, a workforce training program of the Technical College System of Georgia, requested the easement for the purpose of “re-grading the dirt pile left over from the construction of Stanton Springs Parkway and the water line tie-in to the water main located outside of public right of way,” according to the resolution signed by the JDA.

The term of the easement is set to expire upon the completion of the grading work or on March 1, 2015, whichever occurs first. Paul Michael, of TPA Realty Services, Inc., stated that he would be meeting with Georgia Bio in the upcoming weeks with the purpose of marketing the state of Georgia to the science industry.

Michael also said that the final design control committee meeting with Baxter would be taking place in the next couple of weeks, with Baxter submitting additional architectural plans.

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