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Jackson Co. county asks recovery zone designation

By Ken Stanford Contributing Editor
Posted 7:03AM on Wednesday 23rd June 2010 ( 14 years ago )
JEFFERSON - The Jackson County Commission wants the county listed as a federal recovery zone.

The recovery zone listing would designate the county as an economically depressed area. The designation allows governments and businesses to access millions of dollars in low-interest bonds.

Commissioners say the recovery bond money could be used by an electronics firm planning to build a facility that could employ up to 400 people.

Eligibility depends on whether the state Department of Community Affairs reallocates Georgia's $533 million share of federal recovery bond money for local governments that did not get bonds in 2009.

http://accesswdun.com/article/2010/6/223025

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