HomeMy Public PortalAbout8/08/1996 executiveCity of Greencastle
City Hall
Four East Walnut Street
Greencastle, Indiana 46135
Pamela S. Jones
Clerk- Treasurer
GREENCASTLE COMMON COUNCIL
EXECUTIVE SESSION
THURSDAY. AUGUST 8. 1996 4:00 P.M. PARTNERSHIP CENTER
The Greencastle Common Council met in executive Session August S. 1996 at the Partnership
Center to discuss potential economic development. Nlavor Michael called the meeting to order.
On the Roll Call, the following were found to be present: Councilor Roach, Councilor Hammer,
Councilor Green and Councilor Masten. Also present were City Attorney John Zemer- Neison
Ford and Ellen Davies.
Mayor lviichael told the board that a potential client has expressed interest in locating in the City
of Greencastle. This potential client could have a significant impact on the City and its citizens.
The investment potential is S800 million to one billion dollars, a creation of "430 -450 jobs, 7
days a week - 24 hours a day and an hourly rate of $1- - $18.00 per hour. The approximate
building size would be one to one and one half million square Feet with a height of - feet. The
company is looking at approximately one thousand acres north and east of Shannadoah. The
type of work would be heavy manufacturing and a dual rail service is needed along with
approximately 220 semi - trucks per day. The company will be using 3 million gallons of water
per day with part ofthat to be recycled within the plant. They will be using 5 ,300 gallons per
minute and discharging 3,500 gallons per minute. Nlavor Michael told the Council that she gave
permission For soil borings to be done in the City's ri- of -wav to see if the soil will be able to
handle the buildin -. There are two immediate concerns for the Council to look at: I l will die
soil be able to handle the building and 2) will our aquifer be able to handle the amount of water
this company needs to use and still service our customers.
After some discussion Nelson Ford asked the Council how they want the Greencastle /Putnam
County Development Center to proceed with the potential client. The consensus of the Council
was to proceed cautiously and not promise to spend any money.
Being no further business Councilor Hammer made a motion to adjourn, seconded by Councilor
Roach. Vote was unanimous.
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Nancy i�ichael, Nlavor
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Pamela S. Jones, Cle -Tr surer