An agreement passed Tuesday by the Calhoun County Commission said the company will invest $13 million in the property over the next two years, with the county commission kicking in $25,000 total to be paid in two installments. Under the agreement, the state is giving the company $150,000, while the city of Jacksonville will contribute $62,500 to the project. The Calhoun County Economic Development Council will also provide $62,500 for the expansion.
The agreement is contingent on the company adding 53 employees by the end of 2014, and an additional 53 employees by the end of 2015.
“It’s a good agreement,” said Calhoun County Administrator Ken Joiner. “It’s saying you do your part, then we’ll do our part.”
The commission on Tuesday also passed a resolution adding fees to the county’s self-funded health insurance plan. The charges, called for in the Affordable Care Act, fund two programs: the Patient Center Outcomes Research Institute, an organization that studies the effectiveness of health care decisions; and the Transitional Reinsurance Program, which will compensate insurance companies as they begin to pay for high-risk individuals coming into the individual market.
The county pays 60 percent of the fee, with the employees of the county paying 40 percent. The fee is expected to raise the price of insurance by $2.63 per pay period for employees.
In other business, the commission:
— Agreed to purchase a compact tractor with a front-end loader from Piedmont Outdoor for $15,996.
— Agreed to a $1,250 contract with the Northeast Alabama Military Officers Association to put on a Christmas luncheon for widows of military personnel.
— Approved a grant agreement with the Federal Emergency Management Agency for $61,621, which will help fund the Calhoun County Emergency Management Agency.
Staff writer Brian Anderson: 256-235-3546. On Twitter @BAnderson_Star.