EDC Asks Local Banks for Help With Oxidation Pond Project

The Economic Development Committee met Monday, June 15, 2020 at 12:00 PM in the Police Jury Meeting Room of the Jackson Parish Courthouse in Jonesboro. Members present were Mr. John McCarty, Ms. Regina Rowe, and Mr. Lynn Treadway as well as special invitees Christine Rambo from the North Louisiana Economic Partnership, Thurston Allen from Jonesboro State Bank, Rex Johnson from Hodge Bank and Mitch Spillers from People’s Bank.

Chairman Treadway opened by discussing the current state of a property on Industrial Drive He then asked the representatives from the banks to assist the Town of Jonesboro financially to relocate the oxidation pond outfall in order for the property to be certified.

Ms. Rambo followed by giving a presentation on how the area can prepare for economic development and gave details on the site certification process. She also explained the memorandum of understanding between the property owner and the state of Louisiana. Mr. Thurston Allen then asked about improvements to private land and the possible investment returns where upon it was agreed a follow-up meeting that would include Jonesboro Mayor Leslie Thompson would be had.


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