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Posted on: May 5, 2021

Newton County receives $2.6 million from JDA

Image of JDA Check Presentation News

Image of JDA Check

The Joint Development Authority of Jasper, Morgan, Newton and Walton counties presented the Newton County Board of Commissioners with a $2,606,250 check during the board’s regular meeting Tuesday night.

The check represents a portion of the proceeds from the Joint Development Authority’s (JDA) land sale of 600 acres inside the Stanton Springs Business Park to Baymare, LLC. The money from the sale was given to each of the counties that make up the JDA, according to the percentage breakdown agreed to when the authority was formed in 1998. The total distributed by the JDA was $6,950,000 with Newton County receiving its 37 percent share.

“This is going to be a huge help to the people of Newton County,” said Marcello Banes, Newton County Chairman. “I am so grateful to the JDA and Serra Hall and Shane Short for working so hard to bring such great industries, community partners and jobs to our communities.

“I also would like to add that none of this would be possible without the vision and hard work of previous boards in Newton, Jasper, Morgan and Walton counties and in particular the foresight of former Newton County Chairman Davis Morgan. The seeds sown by our past leaders is now bearing fruit to continue to make Newton County and our region prosper.”

 

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