Valdosta Daily Times

Local News

November 1, 2013

Industrial Authority purchases new office

Total for building, renovations exceeds $700,000

VALDOSTA — On Monday, the Valdosta-Lowndes Industrial Authority finalized the purchase of a new office facility located at 103 Roosevelt Drive and on Tuesday, the Authority received bids for renovations and the construction of a 1,250 square foot addition.

The addition includes the construction of a new meeting room which will be used for the authority’s meetings and for any events they may have.

The authority paid a total of $513,986.41 for the property, including the closing costs and ad valorem tax. Andrea Schruijer, executive director of the Industrial Authority, said, the purchase benefits the authority as opposed to renting their current facility at $4,200 per month.

Before the authority met for their regular meeting on Tuesday, Oct. 15, members spoke with the Times, stating that the cost of renovations may slightly exceed $150,000, only if the authority has to buy new furniture; this estimate included the cost of the new facility located at the rear of the building.

The authority received bids from Cauthan Construction Company, for $273,595; Kellerman Construction Company, for $232,445; Quillian Powell Construction Company, for $274,900; Taylor Construction Company, for $262,557; and True North Construction Company, for $244,000.

The authority accepted the bid from Kellerman Construction Inc. for $232,445 but saved some money by shaving off two of the five alternatives, including four additional parking spaces, $10,112, and stair nosing, $1,500. The contract the authority plans to sign will total $219,895, bringing the total amount of the purchase price and renovations to $733,882.

The Authority's accountant, Tim Davis, said the purchase will save $96,000 over a 20 year period, but it is unclear how the $69,895 difference between the $150,000 estimate for the renovations and addition and the actual $219,895 bid will affect those savings.

At $4,200 per month in rent, or $50,400 per year, it will be nearly 15 years before the Authority will hit the break even point from the property’s purchase and renovation.

Since the move is roughly six months away, the authority has not calculated the cost of moving yet, but Allan Ricketts, the Industrial Authority's project manager, said, “We know the moving cost won't be significant; all we have to move is our furniture and equipment.”

1
Text Only
Local News
  • EOM July 2014.jpg Sgt. Jonathan Yeargin Honored as July 2014 Employee of the Month

    Valdosta Mayor John Gayle and Fire Chief Freddie Broome honored Jonathan Yeargin as the July 2014 Employee of the Month at the July 10 City Council meeting.

    July 23, 2014 1 Photo

  • Clay Griner.jpeg Griner wins Lowndes commission runoff

    A long nine-week runoff election between Clay Griner and G. Norman Bennett came to an end Tuesday night with Griner beating Bennett by 1,060 votes, with approximately 70 provisional ballots left to count.

    July 23, 2014 1 Photo

  • 20140722-Runoff_Voting003.jpg State Senate District 8 too close to call

    The race for State Senate District 8 appeared too close to call as of The Times print deadline late Tuesday night.

    July 23, 2014 1 Photo

  • Senate Georgia_Stew.jpg Perdue defeats Kingston in Georgia Senate runoff

    Businessman David Perdue has defeated longtime Rep. Jack Kingston in the Republican runoff for Georgia’s U.S. Senate nomination, setting up a matchup against Democratic nominee Michelle Nunn that will help determine which party controls the Senate for the final years of the Obama administration.

    July 23, 2014 1 Photo

  • County OKs $1.6 million for water-treatment equipment

    By a divided vote, the Lowndes County Commission approved spending $1,638,000 to purchase two pieces of equipment to improve the county’s water quality as per an agreement with the federal Environmental Protection Agency.

    July 23, 2014

  • Baytree Animal Hospital LB copy.JPG Animal hospital named Business of the Week

    Baytree Animal Hospital was named Leading Business of the Week by the  Valdosta-Lowndes Chamber of Commerce for July 14.

    July 22, 2014 1 Photo

  • Gavel-courtroom.jpg Water treatment plant discussed

    The Lowndes County Board of Commissioners discussed purchasing two pieces of equipment for the Alapaha Water Treatment Plant and the Spring Creek System for a total of $1,638,000 during its Monday work session and is expected to vote on the issue tonight.

    July 22, 2014 1 Photo

  • education.jpg Charter school petition denied

    Both the Valdosta City and Lowndes County school boards unanimously denied the joint charter petition from Scintilla Charter Academy during their respective meetings Monday evening.

    July 22, 2014 1 Photo

  • echols_alapapa.jpg WWALS gets grant from river network

    The Willacoochee, Withlacoochee, Alapaha, and Little River Systems Watershed Coalition, Inc. (WWALS) received a $500 Alapaha Water Trail Grant from the Georgia River Network

    July 21, 2014 1 Photo

  • 140718-ARJim2.jpg Teacher at home anywhere in the world

    Variety is the spice of life. South Georgia is home to a diverse group of people, each with a unique life story. One man with glorious tales of travel and selfless volunteer work is Jim Kokoruda.

    July 21, 2014 1 Photo

Top News
Poll

School starts again in about two weeks. What do you think?

It's still summer. School starts too soon.
Seems like the right time to return.
Abolish summer recess. Make school year-round.
     View Results