A manual for a local redevelopment program [1961]

A MANUAL
FOR
A LOCAL REDEVELOPMENT PROGRAM

LOCAL

A MANUAL FOR A
REDEVELOPMENT

PROGRAM

Prepared By
GEORGIA.DEPARTMENT OF COMMERCE and
GEORGIA POWER COMPANY

In cooperation with
Georgia Municipal Association Association County Commissioners of Georgia Cooperative Extension Service, University of Georgia Community & Area Development Institute. University of Georgia
State Rural Areas Development Committee U. S. Department of Commerce U. S. Department of Agriculture

FOREWORD
The purpose of this manual is to outline. in simple terms, the Area Redevelopment Act (PUblic Law 87-27) as it pertains to the areas in the State of Georgia that have been declared eligible to participate in the Area Redevelopment Administration's program.
This manual will not attempt to go into all the details of the program but will only outline the elementary procedures for qualifying under the redevelopment act.
Various publications. covered in a separate section of this manual. distributed by the U. S. Department of Commerce and available upon request will cover the full and total program.

TABLE OF CONTENTS

Chapter

Page

I

The Area Redevelopment Act

What is it? . . . . .

II



II



1

Which Areas Are Eligible

.

. . 2

What Types of Assistance Will Be Available. .

2

Loans For Industrial and Commercial

Projects

II

II

II

II

II

II

II

II

II

II

II

II

II

II

II

II

II

II

II

3

Public Facilities -- Loans and Grants.

5

Technical Assistance ...

6

Occupational Training .

6

Retraining Subsistence Payments ...

6

II

What Can Communities Do Now? .....

.... 7

Preparation and Submission of an OEDP

Preparation of the OEDP. . . .

OEDP Guide. II

II

II

II

II

II

II

II

II

II

II

II

II

II

II

Preparation and Submission of a Project

Application. . . . . . . . . .

.

.

.

.

10 11

12

14

III

Assisting Agencies

Publications . . . . .

II

II



II

II



II

II

15

16

Appendices

A

Designated Redevelopment Areas

B

Sample Local Redevelopment Corporation Charter

C

Sample Local Redevelopment Corporation By-Laws

D

Letter of Submittal -- OEDP

E

Sample OEDP

F

Sample Project Application

CHAPTER I
THE AREA REDEVELOPMENT ACT --- WHAT IS IT?
In creating the Area Redevelopment Act, the Congress of the United States declared that because many of our communities are suffering substantial unemployment and underemployment and to help overcome the problems caused by the above, the States and Federal Government should help areas with substantial and persistent unemployment and underemployment. To do this, the Area Redevelopment Act (Public Law 87-27) was passed by the Congress on May 1, 1961. The purpose of the Act is to make federal aid available in the redevelopment of the many designated areas by assisting those areas in taking effective steps in financing and planning for their economic redevelopment. The designated areas will be eligible to receive financial and technical assistance in redeveloping their communities, their industries and other enterprises.
The Act has placed a great deal of responsibility on the local development of a progressive program. After a local community is designated a redevelopment area, local leadership must then plan an Overall Economic Development Program for the area. This proposed OEDP will be sent to the Georgia Department of Commerce for review and transmission, upon approval, to the Area Redevelopment Administration in Washington. After the OEDP has been approved by the Area Redevelopment Administration, the local community will then develop specific industrial and commercial projects which are part of its overall development plan. As these plans are developed they will be submitted to the Georgia Department of Commerce for transmittal to the Area Redevelopment Administration for approval.
This is a long-range program of economic redevelopment. Therefore, do not expect the program to solve, at once, all of the chronic problems that exist in your area.
1

WHICH AREAS ARE ELIGIBLE?
The Act provides two broad means by which areas are designated "Redevelopment Areas", thereby becoming eligible for assistance. The first, Section 5a, is related to a chronic unemployment rate as specified by the Act and as reported by the Department of Labor. The second, Section 5b, means of qualifying other areas, and the one with which we are principally concerned, is being developed to include the rural areas of Georgia where local conditions indicate substantial and chronic unemployment and underemployment exist.
WHAT TYPES OF ASSISTANCE WILL BE AVAILABLE?
Five broad types of assistance are available under the Area Redevelopment Act.
(1) Loans for industrial and commercial projects (2) Loans and grants for public facilities (3) Occupational training (4) Technical Assistance (5) Retraining subsistence payment
2

LOANS FOR INDUSTRIAL AND COMMERCIAL PROJECTS
Loans will be made available to finance the purchase or development of land and facilities including, in cases of demonstrated need, machinery and equipment for industrial or commercial usage. Also included is the construction of new buildings, the rehabilitation of old and unoccupied buildings, and the alteration or enlarging of existing buildings.
The term "industrial usage" refers to manufacturing and related activities and the term "commercial usage" refers to a wide variety of wholesale, retail, and other business activities which will create permanent employment. A final determination has not been completed concerning the types of commercial projects that will be approved. However, it must be presumed that they will be commercial projects directly related to and necessary for an industrial project. Also, projects of tourist development which will create permanent employment may be included in the economic development program of the area.
The Act provides that each project must be sponsored on the local level by both physical and financial participation. The Act will be administered so as to encourage a maximum amount of local participation and private capital in every project. For example, a typical project might be financed 50 percent from private lenders, 15 percent from a local development corporation, leaving 35 percent for financing by the Federal Government. This is, of course, an example, and the actual percentages might vary depending on the facts in each particular case, but in no event may the Federal share exceed 65 percent. It must be made clear that this is no give-away program and local development effort must encourage a maximum of local participation and private capital in every project.
3

The interest rate on the portion of the loan provided by the Federal Government will be based on the current average yield of Treasury Securities plus one-half of I percent for overhead. Currently this means a rate of 4 and 3/8 percent.
All industrial and commercial loans are subject to the following statutory requirements:
1. Financial assistance shall not be extended for working capital. 2. Financial assistance shall not be extended to establishments re-
locating, totally or partially, from one area to another. 3. Assistance shall be extended only to applicants approved by the
Georgia Department of Commerce. 4. The project must be reasonably calculated to provide more than
a temporary alleviation of unemployment or underemployment. 5. The financial assistance is not otherwise available from private
lenders or other Federal agencies on reasonable terms. 6. There must be a reasonable assurance of repayment. 7. A direct loan will not be made until it is determined that a
participation loan is not feasible. 8. The redevelopment area must have an overall program for
economic development approved by the Administrator of the Area Redevelopment Administration and the project for which financial assistance is sought must be certified by the Georgia Department of Commerce as being consistent with the Overall Economic Development Program, and not prohibited by laws of the State or subdivision thereof.
Specific instructions for making applications for loans will be issued at a later date by the Area Redevelopment Adm.inistration.
4

PUBLIC FACILITIES --- LOANS AND GRANTS
Liberal loans and partial grants are available through the Area Redevelopment Administration for providing public facilities that will contribute to economic expansion and reduce unemployment in designated redevelopment areas.
This assistance is intended for communities which must improve public facilities to accomodate needed industrial development - - industrial growth which is necessary to provide employment, strengthen the communities I tax base and help it on its way to economic recovery.
The loans and grants authorized by the Act may be us ed to purchase and develop land on which the public facilities are to be located and for the construction, rehabilitation, expansion, and improvement of public facilities.
Federal loans for eligible public facilities are available when private funds are not otherwise available on reasonable terms; provided there is a reasonable expectation that the loan will be repaid. The main term of such loans is 40 years (this may be extended to 50 years where necessary).
Federal grants for eligible public facilities are available when: (1) The political subdivision requesting the grant proposes to contribute to the cost of the project in proportion to its ability; (2) There is little probability that the project can be undertaken without the assistance of a grant. The amount of the grant cannot exceed the difference between the funds which can be obtained from other sources and the amount necessary to complete the project.
In addition to the special assistance outlined above, funds are available to communities for advance public works planning such as sewerage and water works, systems for disposal of industrial waste, municipal buildings, and the like.
5

TECHNICAL ASSISTANCE
Technical assistance involves three types of activity:
( 1) Providing a wide variety of technical data and information. (2) Providing technical experts for local consultation and guidance. (3) Furnishing technical assistance by contracting with consulting
and research firms, universities, etc., to make studies evaluating the assets and liabilities of an area and developing potentials for economic growth through redevelopment. Since the adoption of an Overall Economic Development Program is a necessary requirement for obtaining assistance through this program, all three forms of technical assistance may be employed at an early stage in order to prepare the most comprehensive program possible.
OCCUPATIONAL TRAINING
If the Secretary of Labor deems there exists, in the area, the need for retraining of labor, then he may advise the Secretary of Health, Education and Welfare, who shall provide retraining assistance including, where, necessary, financial assistance to the Division of Vocational Education of the State Department of Education.
RETRAINING SUBSISTENCE PAYMENTS
States having redevelopment areas may apply to the Secretary of Labor for payments to the State for the purpose of paying retraining subsistence payments to the unemployed who are undergoing occupational training or retraining.
6

CHAPTER II
WHAT CAN COMMUNITIES DO NOW?
In order for the local community or area to develop its redevelopment program it will be necessary to establish immediately an active development corporation authorized to represent the entire redevelopment area. Many cities and counties already have active Development Corporations. It is entirely pos sible that the present local industrial developm ent corporations will be able to fulfill the function of the development organization. However, in order for local development organizations to qualify under the Act, they of necessity, must be nonprofit corporations organized for no financial gain or profit and shall have no capital stock. If redevelopment programs for an entire redevelopment area are to succeed, the various existing corporations must work together in harmony with Area Redevelopment Corporations that are representative of the entire area. This organization will serve as the prime project motivator, as the official contact with the Georgia Department of Commerce and the Area Redevelopment Administration.
The Corporation should be incorporated in accordance with Georgia Law governing groups of this type. Suggested Articles of Incorporation and ByLaws are appendices Band C to this manual. It is suggested that the Board of Directors of this group include the following: (a) Chairman of County Commissioners, (b) MayoT of each municipality, (c) and at least nine community leaders representing civic, business and agricultural interests, to be s elected initially by the above municipal and county officials.
The next step should be establishing a working relation with the State Department of Commerce. In the State of Georgia this organization has been designated as the official State Agency to approve local Overall Economic
7

Development Program submittals and to advise the Administrator of the Area Redevelopment Administration as to whether specific projects are consistent with their OEDP.
Under the Act, an OEDP must be submitted and approved before applications can be accepted for industrial and commercial loans, for public facility loans and grants, and for certain occupational training assistance. This OEDP the refore is a must for every community or area desiring to obtain assistance.
The basic elements of the OEDP include a description of the local development corporation that represents the area on redevelopment matters; a comment on the area as a place to live and work; a summary of the factors basic to economic growth; the economic potentials of resources, markets, labor skills, etc., and most important, a program of action for creating new employment opportunities or otherwise reducing unemployment or underemployment.
The purpose in requiring an OEDP is to assure: (1) that the community or area will have carefully studied the various
economic problems and solutions open to it before requesting any loan or grant, (2) that the projects submitted are in their proper priority, (3) that the community is programming a project which is within the financial, manpower and technical resources of the area and (4) that the program contributes toward a permanent solution of local problems.
Your actions from here out will take many forms. The soliciation of branch plant expansions and assistance to local industries in the local area and the development of the area's tourist potential will undoubtedly require
8

a great deal of effort and local initiative. Suitable industrial sites should be earmarked for earliest completion. Then too, your area or community must be prepared to not only provide the necessary local money for the completion of your projects but you must also seek out your private financial assistance before making application for Federal loan assistance.
9

PREPARATION AND SUBMISSION OF AN OEDP
The OEDP is a local or area plan of action for achieving the objectives of the Area Redevelopment Act (Public Law 87-27). The OEDP is a statutory requirement of the Act before any final assistance for industrial and commercial projects, public facilities and occupational training can be given. In the foregoing paragraph the basic elements of the OEDP were discussed. Although the OEDP is not an economic base study it includes many elements that are included in such a study. In the State of Georgia there are many small industrial areas and rural areas that are primarily agricultural. Economic development programs of the kind encouraged by the Redevelopment Program simply do not exist in these areas. The OEDP is a means of not only analyzing their problems in a factual way, it is an important planning process by which an overall development program can be planned and executed.
While city and county economic and industrial planning areas are no guarantee of succes s the OEDP insures that careful attention will be given to the problems of the areas and to the steps that need to be taken to restore community spirit, activity and prosperity. It will also be a reasonable guarantee, after the analysis is complete. that redevelopment of the area is feasible. and that the projects for which assistance is sought will make a significant contribution to the long-term expansion of industry and employment.
The OEDP will vary from one area to another. The problems and needs of each area differ and each has a different combination of environment, resources, human skills, etc.
A redevelopment area may consist of a single county, and even in unusual cases part of a county. More commonly however it will include several counties.
10

PREPARATION OF THE OEDP
Ten (10) copies of the OEDP must be prepared for approval first by the State Department of Commerce and then by the Administrator of the Area Redevelopment Administration. A letter of transmittal must be executed similar to the form shown in Appendix D, attached to the OEDP statement with any supporting documents and maps to the State Department of Commerce. In preparing a local OEDP it will be necessary to provide information of a given nature, as outlined below, concerning several things relative to the redevelopment area.
The original OEDP may be a temporary provisional report summarizing the activities of the Redevelopment Area Organization, the key economic problems and opportunities of the area, and a temporary suggested program of action reflecting the best judgement of its citizens with respect to a sound action program of economic development. It is mandatory, however, that a complete and permanent OEDP be submitted not later than one year after the provisional OEDP has been submitted.
For submitting the provisional OEDP it is desirable that major headings be developed but not necessarily in the same detail as required in the final report.
The Guide that follows covers the principal points to be developed in preparing the OEDP:
11

OEDP GUIDE
1. REDEVELOPMENT AREA CORPORATION OR ORGANIZATION
Describe its membership, its legal authority, its record of accomplishments, and its financial capabilities.
2. THE REDEVELOPMENT AREA AND ITS ECONOMY Geographic location, resources, present status of economic
development, etc. Also included in this section should be population and labor forces status, unemployment and underemployment status, factors contributing to economic decline and past efforts to solve problems.
3. BASIS FOR ECONOMIC GROWTH This section should review the overall picture of resources,
materials, and skills the area has to work with in its efforts to regain a firm economic footing.
4. PROBLEMS AND NEEDED ADJUSTMENTS Discuss the problems that block economic progress in the area
such as lack of venture capital, failure to capitalize on local possibilities, (industrial, recreational and other opportunities), unsatisfactory or non-existing sites for industry, lack or inadequacy of existing structures, uns ewered industrial and commercial sites, waste disposal problems, inadequate water supply, physical deterioration of a city which repels new economic activity and local government financing capacities.
5. AREA GOALS AND PROGRAMS Establish goals and program to guide your planning and action.
The goals and program should be consistent with your problems and
12

limitations. They should be defined only after careful consideration has been given to existing problems and projects for growth. 6. ATTACHMENTS
Many areas have already prepared economic reports, studies, and fact sheets. These should be forwarded with the OEDP if copies are available.
IMPORTANT NOTE 1. All typing must be done legibly with black ribbon only and preferably
with an electri.c typewriter. 2. Use only black ink for signatures (no other color will duplicate). 3. No pencil work should accompany any OEDP. 4. All left hand margins should be a minimum of 1-1/2 inches. 5. All OEDPs letter of transmittal, exhibits and etc. should be on
8-1/2 X 11" paper.
13

PREPARATION AND SUBMISSION OF A PROJECT APPLICATION
A project application is a specific request from local redevelopment organization to ARA for aid or assistance under the Area Redevelopment Act. The application -- for either a loan, a grant, occupational training, technical assistance, or retraining subsistence payment -- must be consistent with a previous ly submitted and approved local Overall Economic Developnlent Program.
The application should clearly spell out, substantiate, and document all pertinent aspects of the request by use, when appropriate, of copies of corres pondence, feasibility studies, engineering plans, cost estimates, etc.
It must be remembered in preparing the Project Proposal, (U S Comm DC 7989-P6l) this will be the instrument whereby any loan or grant will be favorably considered. Therefore, careful consideration must be given to each section of the proposal because this will be the only means the ARA will have to determine whether or not favorable consideration will be given to your application. Each section should be filled out completely and in detail. Careful and accurate consideration must be given to locations, costs, financial information, availability of engineering studies, etc. This application will be the only means the ARA will have of appraising your project, hence the approval or disapproval of your request depends on a complete and favorable project application.
14

CHAPTER III
ASSISTING AGENCIES:
Director, Cooperative Extens ion Service Colle g e of Ag ricu1tur e University of Georgia Phone: LIberty 3- 2511
Georgia Department of Commerce 100 State Capitol Building Atlanta, Georgia Phone: 523-1706
524-1536 (Planning Division)
U. S. Department of Commerce Volunteer Building Atlanta, Georgia Phone: 522-4121
Institute of Community and Area Development University of Georgia Athens, Geor gia Phone: LIberty 3- 2511
State Department of Education, Division of Vocational Education 254 State Office Building Atlanta 3, Georgia Phone: 688-2390 Ext. 284
Georgia Power COD1pany Area Development Division 270 Peachtree Building Atlanta 3, Georgia Phone: 521- 3400
15

PUBI.JCATIONS:
Your Community and the Area Redevelopment Act U. S. Department of Commerce Area Redevelopment Administration Washington 25, D. C.
The Overall Economic Development Program U. S. Department of Commerce Area Redevelopment Administration Washington 25, D. C.
H. H. F. A. Aids to Communities in Area Redevelopment Housing and Home Finance Agency Peachtree Seventh Building Atlanta 5, Geor gia
Handbook of Federal Aids to Communities U. S. Department of Commerce Area Redevelopment Administration Washington 25, D. C.
16

APPENDIX A Designated Redevelopment Areas
September 1, 1961

THE AREAS LISTED BELOW QUALIFY UNDER SECTION SA AREA REDEVELOPMENT ACT
Paulding County Polk County - Cedartown - Rockmart Carroll County

THE COUNTIES LISTED BELOW QUALIFY UNDER SECTION 5B AREA REDEVELOPMENT ACT

Baker Baldwin Banks Barrow Bullock Burke

Dooly Dougherty Early Elbert Forsyth Franklin

Calhoun Chattahoochee Clay Crisp Dawson

Glascock Hambersham Hancock Heard Henry Jefferson

Jenkins Johnson Laurens Lee Lincoln Lumpkin
Macon Marion McIntosh Meriwether Montgomery Oglethorpe

Pulaski Rabun Randolph Schley Screven Stewart

Towns Twiggs Union Walton Warren Washington

Sumter Talbot Taliaferro Taylor Terrell Toombs

Wayne Webster White Wilkes Worth

APPENDIX B Sample Local Redevelopment Corporation Charter

SAMPLE CHARTER FOR LOCAL REDEVELOPMENT CORPORATION GEORGIA, ___________ COUNTY

TO THE SUPERIOR COURT OF SAID COUNTY:

The petition of - - - - - - - - - - - -

having their post office address as

, respectfully show:

1.

Petitioners desire for themselves, their associates, Successors and assigns,

to be incorporated and made a body politic under the laws of this State, under

the nan,e and style of "

, County Redevelopment Corpora-

tion" for a period of

years, with full right of renewal, as may be

provided for by law, with its principal office in

------------------ County, Georg-,-ia-.---------

2.

The corporation is organized for the following purposes:

(a) To aid, assist, and promote the development and expansion of

busine s s concerns in the County of

, State of Georgia, by

making plant or other facilities available to all such concerns through lease,

or other means, and to contribute to the economic well being of the con,munity,

the State and the Nation.

(b) To finance the activities of this corporation initially from the proceeds of the sale of shares of the corporation to civic-minded residents or others having interest in said County, all of whom desire to participate in fostering the economic development of this community, and in order to broaden the base of the ownership of shares in the corporation, to sell a minimum number of shares to purchasers, and to as many persons and firms as possible.

(c) To lease, purchase or otherwise acquire, and to sell, mortgage, pledge or otherwise dispose of, real or personal property of every kind or description in furtherance of the above objects, provided that none of such property shall be acquired or disposed of for speculative purposes, and provided further, that all moneys, except such as may be required for administrative expense, derived from the activities of the' corporation shall be primarily devoted to the furtherance of the civic purposes referred to above.

3.
The corporation will not be organized for pecuniary gain or profit and it shall have no capital stock.

4.
The corporation shall have the further right and power to execute deeds of trust and issue debentures, bonds, convertible and nonconvertible, or any other form of obligations secured by such covenants and in such fashion and form as may be necessary to clothe such paper with validity.
5.
The corporation shall have the power to enter into, or become a partner in, any arrangement for sharing profits, union of interest, co-operation, joint venture, or otherwise, with any person, firm or corporation now carrying on or about to carryon any business which this corporation has the direct or incidental authority to pursue.
6.
Petitioners desire the right to adopt such by laws and regulations for the conduct of the business of said corporation as may be consistent with its charter, the Constitution, and laws of the State of Georgia, and of the United States.
7.
Petitioners have obtained from the Secretary of State of Georgia the necessary certificate entitling them to make this application.
WHEREFORE, Petitioners pray that they be incorporated under the name and style aforesaid, with all the rights, powe rs, privileges, and immunities as are had or may hereafter be conferred upon such corporation under the laws of Georgia.
ATTORNEY FOR APPLICANTS

IN OPEN COUR T:

The foregoing petition of applicants, to be incorporated under

the name of

County Redevelopment Corpora-

tion, read and considered.

It appearing that said petition is within the purview and intention of the laws applicable thereto, and that all of said laws have been fully complied with, including the presentation of a certificate from the Secretary of State of the State of Georgia as required by Section 22-1803 of the Code of Georgia of 1933.

It is hereby ordered, adjudged and decreed that all the prayers

of said petition are granted and said applicants and their as sodates,

successors, and assigns are hereby incorporated and made a body politic

under the name and style of

County Redevelopment

Corporation, for and during the period of

years, with the privi-

lege of renewal at the expiration of that time according to the laws of the

State of Georgia, and that said corporation is hereby granted and vested

with all the rights and privileges mentioned in said petition.

This ------------ day of -----------, 196

J. S. C. T. C.

GEORGIA,

*********************************
COUNTY

I, ----------_._---, Clerk of the Superior Court of

--------- County, Georgia, hereby certify that the foregoing

_ (number)

( ) pages constitute a true and correct copy of the

application for charter, affidavit of publisher, and order of the Judge of

said Court granting said application of

County Redevelop-

ment Corporation, as the sam.e appears of file in this office, and I further

certify that all court costs in said m.atter have been fully paid.

This ----------- day of ---------------, 196

Clerk, Superior Court of --------
County, Georg:ia

APPENDIX C Sample Local Redevelopment Corporation By-Laws

.rACK J. ""'NTER
('I"It..:ln n

(l:n'llt\,ia 1Ilqlilttllll'tlt ltf (!J'ltltttth't'rt
tllll ~llltr t'llllliltd
, Atll1lttil :~, (r)l'llt~,il\
August 7, 1961

Tr.Lf:PHoNt
JACKsON 3-1706

The Georgia Depa rtment of Commerce has been designated by Governor Vandiver as the official State agency to administer the Area Redevelopment Act in Georgia.
In order that this Department might more effectively administer the Area Redevelopment Act and to establish certain criteria for local groups filing Overall Economic Development Programs under the terms of this act, we recommend these procedures be followed in the establishment of your local working group:
1. Charter local redevelopment organization (suggested title"- - - - - -
County Redevelopment Corporation"). The local redevelopment corporation should have a broad base representation from the entire county and all municipalities within the county. It is suggested that the Board of Directors of this corporation include the following:
a. Chai rman of County Commission b. Mayor of each municipality c. At least nine community leaders, representing CIVIC, business
and agricultural interests, to be selected initially by the above municipal and county officials.
2. Consult local attorney as to details of incorporation. (NOTE: Attached are sample charter and by-laws for information only. )
3. Prepare and submit provisional OEDP in accordance with instructions contained in the A rea Redevelopment Act and in ARA publications "Your Community and the ARA I' and "The Overall Economic Development Program", copi e s of whi ch are enclosed FIVE copies of your compl eted OEDP, with supporting documents. should be mailed to this office for review and transmission, upon approval, to the Area Redevelopment Administration in Washington.
Sincerely,
Jack Minter

SAMPLE BY-LAWS OF LOCAL REDEVELOPMENT CORPORATION

BY-LAWS OF ----------

, ADOPTED

19

ARTICLE I

MEMBERS

Section 1: All citi;;ens of the State of Georgid resident in the County of shall be eligible to become mernbers of this Corporation
upon the purchase of aile or nlOre certificates of rncrnbership therein. These certificates shall be issued in denominations of $5.00, $25.00, $50.00, $100.00 and $500.00. Said certificates do not constitute any indication of ownership nor do they entitle the holders thereof to any dividends or distribution of profits, but rncrely indicate mernbership in this non-profit corporation. Membership in this corporation shall terrninate upon rernoval of residence frorn the county.

Section 2: The Secretary of the Corporation shall keep d.n up-to-date roster of the 11lcrnbcrs of this corporiltion:lI1d shall aJ least once a year cause a copy of such roster to be printed and placed in HI hands of each rnember of the corporation.

ARTICLE II

ANNUAL MEETINGS OF MEMln::RS

Section 1: The annual meeting of the nlenlben; of the corporation shall

be held in

, Georgia, at the regular pielce of meetings of the

In

Georgia, or at such other place in

County, Georgia, as mZ1Y b dcejignated in the notice

-o""'f~s-u-c-""h-m-e--_ect-~in-g-,-o-n---'t""'-h-e-

in

each

at

0' clock

or aCs'1:icl1-()Tlj'er trme as m-a-y~b;--e--

designated in the notice of such Ill.ectTng. -Me111beTs of the Board of Directors

other than Ex-Officio Directors shall be elected at the annual meeting as here-

in after provided.

Section 2: A nlajority of the members shall constitute a quorum at all meetings of members for the transaction of business, except as otherwise provided by law. If a majority be not present at any rneeting, those members attending shall have power to adjourn the lTIeeting fron1 time to time without notice other than announcenlent at the meeting, until a 111ajority of the members shall be present.

Section 3: Regular notice of the annual meeting shall be mailed to each

member of record at his address as it appears upon the records of the corpora-

tion not less than

week prior to the nleeting. This notice shall be

mailed by the Secretary or by some other person designated by him.

Section 4: Special meetings of the members may be held at the call of

the President or the Secretary or by a rnajority of the Board of Directors or

upon the call of any (number)

() members of the corporation. Special

meetings may be held at

place in

County, Georgia,

~esignated in the call anetat any time designated in the call. At least

()

ays' notice prior to any special meeting shall be given in person or by rnail to

all members entitled to vote at such meeting, by the person or persons calling

said meeting. Depositing said notice duly stamped and addressed to a mem-

ber at his address as it appears on the Company's records shall be deemed

a compliance with the requiren1ent for giving notice. Business transacted at

all special meetings shall be confined to the objects stated in the call, unless

at least

( ) of the members of the corporation shall be present

at the meeting.

Section 5: Each acti vcm em ber of the corporation shall be entitled to one vote.

AR TICLE III

DIRECTORS

Section 1: The Board of Directors of this Corporation shall consist of

members drawn as specified herein from the member-

-s...h.. -l.-p -o-f."..-,t..h..-e-c-o-r-p-o-r-a-:-tT'"io-n and

Ex - Officio me m be r s who shall

hold directorships because of the governmental positions which they occupy in

County. Upon te rn1ination of the governmental office

held by each Ex-Officio member, his term as Ex-Officio director shall also

terminate and he shall be succeeded as Ex-Officio director by the person who

succeeds him in governm.ental office in the county.

The following governmental officers shall be Ex-Officio directors of this corporation, their terms to run concurrently with their terms of political office:

a. The Chairman of the County Commission b. The Mayor of each incorporated municipality
in the County

The other directors of the corporation shall be drawn from the civic, busines s, and agricultural interests of the community as follows:

a. Three civic leaders resident in the County b. Three busines smen resident in the County c. Three persons prominently identified with
farming and agricultural interest in the county

Initially the Ex-Officio directors shall appoint the others, whose terms

shall run until the first annual meeting of the membership of the corporation

On

, 19

At the fir st annual meeting on

, 19

the regular directors shall be elected to succeed those holding office by appointment of the Ex- Officio directors, the new directors to hold office for
1 year or until their successors have been elected and qualified and at each

annual meeting thereafter 8 directors shall be elected to succeed the retiring directors. In each instance, the new director to hold office for 1 year or until their succes sors have been elected and qualified. Directors may be elected to succeed themselves. The President of the corporation may appoint a nominating committee to nominate new directors at the annual meetings of

the corporation, however, nominations may also be made from the floor. Election shall be by secret written ballot.

Section 2: Ex-Officio members of the Board of Directors shall be entitle to vote on an equal basis with the other members of the Board.

Section 3: The Board of Directors shall regulate and supervise the Inanagen1ent and operation of the Company. It shall attend to all internal affairs of the COlnpany, shall make such arrangements for carrying on the business as it deems best, and in addition to the powers by these By-Laws expressly conferred upon the Board, it may exercise all of the powers of the corporation and do all such lawful acts and things as are not by statute or by the charter or by these By-Laws required to he exercised or done by the members.
Section 4: Any vacancy in the office of any Director, however occasioned, may be filled pending the election of his successor by the members, by a majority vote of the remaining Directors.

ARTICLE IV

DIRECTORS' MEETINGS

Section 1: At all Directors' meetings at least

( ) shall

be necessary to constitute a quorum to transact husiness,"""'br-u-"'-t-a-n-y--"lesser

number shall be sufficient to adjourn the meeting.

Section 2: Regular meetings of the Board shall be held at least

a

at such time and place as shall from tilne to time be .d...e..-t.e..,r.-m---.i-ned

by the Board. A regular meeting of the Board shall. be held immediately follow-

ing each annual meeting of the members of this corporation.

Section 3: Special meetings of the Board may be called by the President

or by the Secretary by giving reasonable notice to each Director either per-

sonally or by telephone or by mail, but no meeting of the Board may be called

without giving at least

notice; provided however that a

special meeting of the Board may be held without notice, provided active members of the Board are present and consent thereto in wr~it.in.g-.-----

ARTICLE V
OFFICERS
Section 1: The officers of this corporation shall be a President, Vice President, Secretary, Treasurer and such other officers as the Board of Directors may deem advisable.
Section 2: The officers of the corporation shall be elected by the Directors at their annual meeting held after the annual meeting of me:mbers, and shall hold office until their successor have been elected and qualified; provided, however that if the Board of Directors shall decide to name an officer in accordance with its privilege under Section I hereof, the Board of Directors rnay provide when and for what ter:m he shall be elected. In the event of any vacancy occuring during the period for which any officer has been elected, then the Board of Directors may fill such vacancy at any regular meeting or any special meeting called for that purpose.
Section 3: Any officer elected or appointed by the Board :may be re:moved at any ti:me by the affirmative vote of a majority of the Board of Directors.
Section 4: All officers shall be members of the corporation.

Section 5: All officers shall report any matters affecting the interests of the company to the Board of Directors whenever so requested by the Board.
Section 6: The salaries of all officers and agents of the company shall
be fixed by the Board of Directors.
Section 7: The officers mayor may not be ulembers of the Board of Directors.
AR TICLE VI THE PRESIDENT
Section 1: The President shall be the chief executive officer of the corporation. He shall preside at all meetings of the rnembers and Directors, shall have general and active manageulent of the business of the corporation, and shall see that all orders and resolutions of the Board are carried into effect.
ARTICLE VII
NE TEAR NINGS
Section 1: No mernber of this corporation shall be entitled to any portion of the net earnings of the corporation. Said net earning s shall not inure to the benefit of any private person and shall be held and used only for the purposes specified in the charter of this corporation: however. this corporation may pay a member of this corporation for services rendered to it.
AR TICLE VIII AUTHORITY OF DIRECTORS AS TO CONTRACTS
Section 1: All contracts shall be approved by the Boards of Directors and no loans shall be made by any officer of the Corporation or any loan secured on behalf of the corporation without the authority of the Board of Directors and no mortgage, deed to secure debt, note, deed, or othe r legal document whatsoever shall be executed except upon the authority of the Board of Directors.
AR TICLE IX
AMENDMENTS
Section 1: These By-Laws may be altered or amended and additional by-laws adopted by a majority vote at any annual meeting of the members or at any special meeting of members in the notice of which meeting the proposed arnendment or new by-laws shall be set forth verbatilTI, or by a three-fourths rnajority vote at any members' meeting having a quorum where the notice of SUch amendment or new by-law is not so given; provided, however, that no change of the time or place for the election of directors shall be made within thirty (30) days next before the day on which such election is to be held without the written consent of all of the members.

APPENDIX D SAMPLE FORM SUBMITTAL OF OVERALL ECONOMIC DEVELOPMENT PROGRAM (OEDP) By Redevelopment Area Organization

Administrator
Area Redevelopment Administration
u. S. Department of Commerce
Washington 25, D. C.

Dear Sir:

The attached Overall Economic Development Program (OEDP) for the

Redevelopment Area is hereby

officially submitted by the ----------------------(Name of Redevelopment Area Organization) which includes the following members:

Name

Affliation

Community

This organization, representing all interested groups in the Redevelopment Area, is charged with implementation and/ or coordination of the OEDP, prepared for the Area.

- - - - - Attested this

day of

----------, 196

(Signature of Attesting Official) (Title)

By

_

(Signature of official authorized to represent Redevelopment Area Organization)

(Title)

APPENDIX E SAMPLE
PR OVISIONAL Overall Economic Development Program
Anyall County, Georgia September 1, 1961
This provisional OEDP for Anyall County, Georgia, has been prepared by the Anyall County Redevelopment Corporation using the outline of essential elements of the OEDP as set forth in the Area Redevelopment Administration pamphlets Your Community and The Area Redevelopment Act and The Overall Economic Development Program.
Anyall County is located in central Georgia as shown shaded on the attached map (Attachment No.1).
1. REDEVELOPMENT AREA ORGANIZAl'ION The Anyall County Redevelopment Corporation is a non-profit corporation organized for the specific purpose of attaining for Anyall County, Georgia, the objectives of the Congress of the United States as enumerated in Public Law 87-27. The incorporators of the Anyall County Redevelopment Corporation are the Chairman of the Board of County Commissioners, the Mayor of the City of Anyville, the Mayor of the City of Allsburg, and nine other citizens representing civic, business, and agricultural interest in the community. A complete listing of the names, addres ses, and occupations of all incorporators of the Anyall County Redevelopment Corporation is attached (Attachment No.2).

As stated in the Charter of this Corporation issued on August 23, 1961, it is a non-profit corporation organized under the laws of Georgia, with full authority to buy, sell, lease, acquire and otherwise deal in and with industrial sites, plants, factories, buildings, lands, copyrights, leases, options, and real and personal property of all kinds and descriptions and to finance the same by the sale of bonds, issuance of notes, .or other evidences of indebtednes s, and to accept contributions, grants, and othe rwis e receive funds from individuals, firms, and corporations, as well as from county, state and federal agencies. It is a self-perpetuating organization, organized for 35 years with right to renew for additional terms of 35 years each from time to time as necessary. It has the right to designate individuals or other corporations or firms to act for it, or with it as partner, in the disbursing of funds acquired for the purposes of the corporation. For more detailed information as to the legal authority of the corporation, see Chapter 22 of the Code of the State of Georgia, as amended.
Local capital available for a long terln investment is limited to approximately $20,000.00. This is the amount the Anyall County Redevelopment Corporation has in cash and pledges. Approximately one half the above amount is on hand, and the remainder is pledged. The local bank is limited to $30,000.00 in short term loans.
II THE REDEVELOPMENT AREA AND ITS ECONOMY Anyall County is in the central section of the State. It is roughly rectangular in shape, its average dimensions being, north and south 25 miles, east and west, 20 miles. The total area of the county is approximately 500 square miles.
2

Physiographically, Anyall County is located in the Upper Coastal Plain. The topography is for the most part gently rolling with some low swampy areas. The soils are sands, sandy loams, and red clay loams of moderate to high fertility. The year-round climate is mild. The average rainfall is 44 inches. The growing season is about 210 days.
There are two incorporated urban areas in the county, Anyall, the county seat, with a population of 2,300 and Allsburg, with a population of 1,400. The population of these two cities has increased approximately ten per cent since 1950, while the population of the county as a whole decreased from 6,300 to 5,100 during the same period. The population of the county in 1940 was 6,800. This decrease in population is due to several factors, including farm mechanization, the resulting trend toward larger farms, elimination of the small farmer, and the lack of a sufficient number of job opportunities to absorb the displaced available workers and young people entering the labor force for the first time.
More than 300 workers are commuting daily from 25 to 100 miles to jobs in larger metropolitan areas.
There is only one major industrial employer in Anyall County. This is a textile mill in Allsburg which employs approximately 200 women and 75 men.
Unemployment in the area is currently estimated at 680 workers. There are no pending plans for expansion of the existing industry or for new industry locating in the area that would reduce the unemployment level. The unemployed labor force of 680 workers is made up largely of semi-skilled and unskilled workers.
It is cons ervatively estimated that jobs must be found for the 680 workers now unemployed, plus approximately 150 jobs per year for persons entering the labor force, if the economy of Anyall County is to overcome stagnation and loss of population is to be halted.
....1

III
BASIS FOR ECONOMIC GROWTH

Anyall County has many natural and human resources that have never been fully developed. The economic potentials in the Anyall County area which are important to the improvement of the economy include the following:

1.

Mining and Quar ry.

a. Mineral deposits in the area include limestone and clays.

The abundant limestone deposits are ready to be mined.

They are suitable for both highway construction and agri-

cultural use. The clay deposits have been only partially

utilized to date.

2. Forest and Agriculture Products.

a. Timber resources include forests of oak, maples, poplar and

beech, plus large acreages of pine. There is some lumbering

activity in the county and large quantities of pine are shipped

to pulpwood plants in Macon and elsewhere.

b. Agricultural products produced in the county include cotton,

corn, vegetables, peaches, pecans, swine, poultry and beef cattle.

3. Recreation and Historic Areas.

a. Potential recreation facilities include several reservoirs created

by small watershed control projects. These together with the

Salada River offer opportunities for hunting and fishing accomoda-

tions and, in some instances, swimming and water-sport develop-

ment.

The Brakley Swamp area adjacent to the Salada River has

numerous features, including large fresh-water springs, which

could be developed into an outstanding public recreation facility

and tourist attraction.

4

b. Historic areas which could be developed into tourist attractions include the home of General Jeb A. Cooney, CSA, which is located on Main Street in Anyville. Indian mounds located near the confluence of Big Cedar C reek and the Salada River also offer the potential for development as a tourist attraction. In order to develop both the potential recrea!ional and historic areas, real properties will have to be purchased or leased and developed. In addition, private facilities such as motels and restaurants must be constructed.
4. Industrial and Commercial Buildings. The textile mill in Allsburg is the only industrial building
in the county presently being utilized for rnanufacturing purposes. There are three cotton warehous es in the county, and at least
one of these with a floor area of about 40, 000 square feet would be available and could be utilized with minor remodeling to house a light manufacturing operation. 5. Industrial and Comme rcial Sites.
There are numerous sites in the county which might be developed as industrial sites. All have level topography, rail access, and highway access. However, only one site, the Anyville Industrial Park Site, with one hundred acres of land, owned by the City of Anyville, lends itself to the ready extension of water and sewer facilities to serve it, This one hundred acre site is partially within the City, but approximately 70% of it lies outside the corporate limits of Anyville. The site has a l, 000 yard frontage on the Salada River. The Central of Georgia Railroad line forms the northern boundary of the site and the highway connecting Anyville with Macon forms the southern boundary of the site.
5

6. Human Resources. There are approximately 680 workers in the labor force
who are now unemployed, an additional 200 skilled textile workers who are not being employed full-time, and an additional 130 who are engaged in occupations which do not take full advantage of their skills. 7. Other Area Resources.
Major highways serving the county include U. S. 280, and State Routes 111 and 402. The Central of Georgia Railroad serves the county and the cities of Anyville and Allsburg as does the Railway Express.
Anyvil1e the county seat is 150 miles south of Atlanta and 37 miles southeast of Macon.
Ample water supply is available in the county from the Salada River.
A good twelve-grade public school system is maintained by the county. A lS-bed hospital located in Anyville serves the health needs of the county.
IV
PROBLEMS AND NEEDED ADJUSTMENTS Some of the major problems of Anyall County which affect its economic development are included in the following list: 1. The principal problem in the community is lack of sufficient job
opportunities to supply employment for the labor force. 2. The labor supply is predominantly made-up of people with limited
skills. 3. There are limited capital resources to finance local industrial
development.
6

4. There is no local capital for long-term residential loans.

5. Industrial sites are not served with essential public water and

sewer facilities.

6.

The street and highway system of the county is inadequate.

7. The hospital facilities are overcrowded.

8. The Anyville and Allsburg water treatment, storage, and distribution

systems are inadequate.

9. The Anyville and Allsburg sewage treatment and garbage disposal

systems are inadequate.

10. The housing supply for the poor and the elderly is inadequate.

11. Base maps of the cities and the county as a whole are outdated and

incomplete. There is no comprehensive community planning program

underway in the cities or county which would develop future land-use

plans, major road plans, plans for needed community facilities (such

as parks, playgrounds, public buildings, and the like), and capital

budgeting procedures.

The primary needs of Anyall county are included in the following list:

1.

Additional water treatment facilities, reservoir, and extension of mains.

2.

Expansion of sewage treatment facilities.

3. Acquisition of additional industrial buildings, and development of a

planned industrial district at the site in Anyville.

4. Development and implementation of a long- range comprehensive

community planning program.

5. Community recreation facilities and program.

6. Technical assistance to determine principal economic potentials.

7. Vocational training for unemployed workers.

8. Adequate capital to finance industrial development and expansion on a

long-term basis.

7

9. Adequate airport to serve the area. 10. Develop historic and tourist attractions and facilities. 11. Improve the street and highway system of the area. 12. Expand hospital facilities. 13. County -wide fire protection services. 14. Encourage development of small industries to use local raw m:aterials.
V AREA GOALS AND PROGRAM This section sets forth a preliminary program and timetable to improve the economic picture in Anyall County. The program will be carried out in approximately the following order with some projects being carried out concurrently. 1. Develop the Anyville Industrial Park Site to include design, management plan, grading plan, extension of utilities, streets, etc. Working time from date of initiation -- 8 months. 2. Develop and execute plans for expansion and improvements of water treatment, storage, and distribution facilities. Working time from date of initiation - - 15 to 24 months. 3. Develop and execute plans for expansion of sewage treatment facilities. Working time from date of initiation -- 12 to 18 months. 4. Develop a continuing county-wide comprehensive planning program to include preparation of a detailed economic analysis to determine specific economic and industrial potentials to include survey of natural resources, analysis of transportation facilities, measurement and appraisal of labor force, etc., also preparation of future land use plans, major thoroughfare plans, community facilities plans, zoning ordinance, subdivision regulations, etc. Working time from date of initiation -- 18 to 30 months.
8

5. Develop and carry out plans for county-wide recreation program. Working time from date of initiation - - 8 to 12 months.
6. Develop and execute plans for expansion of hospital facilities. Working time from date of initiation - - 12 to 24 months.
7. Provide facilities necessary to take advantage of economic potential of historic and recreation attractions for tourists. Working time from date of initiation -- 6 to 18 months.
In order to achieve the program it is anticipated that participation will be required from the City of Anyville, the City of Allsburg, AnyaU County, the State Department of Commerce, the State Highway Department, the State Department of Education, the State Labor Department, the State Parks Department, the State Department of Agriculture, the State Department of Mines, Mining and Geology, the State Health Department, the University System of Georgia, the U. S. Department of Commerce and cooperating federal agencies in the area redevelopment program.
The Anyall County Redevelopment Corporation will be the group responsible for coordinating and following through on the program outlined in thi s provisional OEDP.
The governing authorities of Anyall County, the City of Anyville, and the City of Allsburg will be called upon to carry out those parts of the program which fall within their respective jurisdictions.
The various departments of the state and federal governments can assist in carrying out this OEDP by providing information, advise, and assistance. The exact amount and type of aid which will be required from the various groups listed will have to be worked out as the -program proceeds.
9

APPENDIX F Sample Project Application

FORM ARA.l l e . a o .. e l J

u.s. DEPARTMENT OF COMMERCE
AREA REDEVELOPMENT AOMfNISTAATION
PROJ ECT PROPOSAL (Public Low 87 27)

Form Approved' Budget Bureau No 41-R2098 FOR GOVERNMENT USE ONL Y
AREA DESIGNATiON .. PROJECT NO.
DATE RECEIVED

INSTRUCTIONS

This form is to be used to apply for both loans and grants. It provides ARA with the minimum information necessary to make
an initial evaluation of the proposed project.
ARA with assistance from the Departments of Agriculture and Interior in appropriate case!li will review the proposal to determine if it (1) is a necessary component of the approved economic development program and (2) is eligible for federal financial assistance under the Area Redevelopment Act. The Department of Agriculture will review proposals from rural redevelopment areas and the Department of Interior will review proposals from Indian areas prior to ARA's review.
If the ARA determines that the proposal meets the above criteria it will request the Small Business Administration (SBA) for industrial or commercial loans under Section 6 or the Housing and Home Finance Agency (HHF A), Community Facilities Administration for a public facilities project under Section 7 or 8 to prepare a complete report and recommendation on the financial, engineering and legal aspects of the project. The applicant will be requested to provide additional detailed information to the SBA or HHFA. This is necessary to complete processing of the proposal.
If the project proposal is approved by the ARA, the applicant will be notified and provided the address of the appropriate Small Business Administration (SBA) or Housing and Home Finance Agency (HHF A) Field Office for the purpose of obtaining financial assistance for the project. Terms and conditions of the loan or grant will be discussed at this time.

A. ASSISTANCE AVAILABLE

1. Purpose - Assistance can be obtained to purchase or

develop land, construct, rehabilitate, alter, expand

improve a commercial, industrial or public fa . ,

The project must be directly related to the creati

employment opportunities. The maximum Hnancin

reasonably obtainable will be supplied by the ~lic:,nt

and/or from sources other than ARA.

, "."",

2. Types ond Terms - Terms will vary deperA on the

project and circumstances.

..,

3. Section 6 loons for Industrial or com~PrOiects

An ARA loan may not exceed 65% of t~ gregate proj-

ect cost. State and local sources must prov a minimum of 15% as equity financing or to ~id after ARA

financing is paid in full. A

ill

e participa-

tion by banks or other lendi institu ns in its loans.

The minimum interest rate

e tn charged ARA by

the Secretary of the Treasury plus 2 of 1% per year.

Maximum term is 25 years .

... Section 7 - Loons for Public Focllitles

ARA may make a loan up to the full amount of the project cost.

The Interest rate will be the rate paid by ARA on funds obtained from the Secretary of the Treasury plus 1/4 of 1% per year. Maximum term 40 years.

S. Section 8 Gronts for Public Focilities
A grant will be made only after a conclusive showing by the applicant that it is unable to finance the project without the grant.
8. HOW TO APPLY
1. Asslstonce - First call on the field office of ARA or other office listed below. The office you should visit will depend primarily on the type of project and the area in wh ich it is to be located. ARA will generally provide assistance for applicants in urban are.as, Agriculture in rural areas, and Interior in Indian areas.
2. A representarive from the field office of SBA or HHFA will normally be consulted regardless of which office is contacted. These two agencies will provide guidance on the financial, engineering, and legal aspects of the project and will obtain information to facilitate later processing.
C. WHERE TO OBTAIN ASSISTANCE
1. Department of Commerce (ARA or Field Office Service) Small Business Administration Housing & Home Finance Agency (Community Facilities) Departmen.t of Agriculture (Extension Service) Department of Interior (Bureau of Indian Affairs) State Development Authorities
2. Forms available - From ARA Washington and nearest field office of above agencies.
D. WHEN TO FILE
1. After ascertaining that the ARA Administrator has approved an Overall Economic Development Program (OEDP) for your area.
2. After discussing your specific project as a part of an approved OEDP with the nearest office of either ARA, SBA, HHFA or other office liste,d above.
3. After obtaining approval of State development authority.
E. WHERE TO FILE - Seod the original and two (2) copies to:
Area Redevelopment Administration Washingron 25, D.C.
If additional space is needed to complete requested information, use blank sheet and reference answer to specific item on Form ARA 1.
F. NOTE CAREFULLY
A favorable finding with respect to a Project Proposal is not an approval or an assurance of federal financial assistance. This can be provided only after processing all supplementary data. If financial assistance is approved by ARA, it will be subject to such terms and conditions as the government may establish.

Name and addressof applicant (Street, City, Zone, County and Stat,,)
Anyall County Redevelopment Corporation P. O. Box 7 Anyville, Geonda
I. DESCRIPTION OF ECONOMiC DEVELOPMENT AGENCY, PRIVATE BUSINESS, OR GOVERNMENTAL UNIT
Private non-profit corporation, chartered in Georgia (Same as Applicant)
2. PROPOSED.PROJECT a. Location
The Anyville Industrial Park Site, within the City of Anyville
b. Relationship with OEDP
The first goal of the OEDP is to "develop the Anyville Industrial Park site., " This project will achieve a part of that first goal.
c. Description and purpose
A loan of $100,000.00 is requested to construct an industrial building to house the operations of the CBA Company, Vegetable Canners. of Sanburgh. Florida. The building will be leased to the CBA Company.

3. EXPLAIN EFFECT COMPLETEO PROJECT IS EXPECTED TO HAVE ON ECONOMIC ACTIVITY AND EMPLOYMENT OPP.ORTUNITIES.

a. Industrial Cammerclal Pralects (Section 6) (I) Numbcr of persons employed (exclude construction period)

Male

Employed Female

T ot~l payroll

At start of operation .. , ... _.

1';

After 1 year of operation I I

a ( 2) [s this' relocati~b?

"

CJ Yes "It

CXJ No"

30 ,"

, II:

It Hy " ,Ive evldenee thet thl. proJect will not reduce ttmploymenf In other .,ellS,

2<;
50
[)

S 150 000 00
S ,00 oon nn

(3) Give details as to any indirect employment opportunities which may be generated by specific activities in connection with this project.
The canning plant.will require large quantitites of fresh vegetables. This demand will stimulate farm employment and related employment in Anyall and surrounding counties.

b. Public Facility Prolects (Soctlans 7 and 8) (l) Employment directly generated (a) Manyears of on-site employment . I "'

(b) Total on-site labor cost ......................................................... S
, (2) Give evidence that project does not compete with an existing privately-owned public utility.

...<l.V

(3) Give details as to how this project will ~enerate ~~~meni 0tpotluoities in yoUr area, including types of activities and

estimates of employment (male and fema e separat

Ithm one, tree, and five years after completion.

'7~

4. PROPOSED METHOD OF FINANCING
a. F ederol Fund. requested herein under PL 87.27
Section 6 Loan for Industrial or Commercial Facilities ...................... S

Section 7 Loan for Public Facilities .................................. S

Section 8 .. Grant for Public Facilities ................................................. S

b. Applieant's lunds (shaw saurces)

'1<

Iss,u<j:PEe and, sale ofdebentur~!l

S

S

S

c. Otherfunds (show,sourc, Jate and terms; Federal, State local, private participations}) I, I

"- I:'

S

S

S

d. Estimated Aggregate Project Cost .................................................... S

e. Are funds on lines (b) and (c) now available

DYes

!Xl No

Available by: Date October 30, 1961

Tentative commitment DYes

DNo

Amount
65,000.00
-:1.1:: (\(){, " "
Inn nnn nn
USCOUM.. DC 7DIU... P51

S.BRIEF STATEMENT OF SECURITY OFFERED FOR LOAN
First Mortgage (security deed) on entire facilities to be constructed.
6. GENERAL STATEMENT COVERING PROPOSED TERMS AND METHOD OF REPAYMENT (State sources of funds)
Promissory note to the first mortgagee will be repaid in monthly installments over the necessary period, not exceeding 10 years, to retire the loan at the lowest interest rate available. with the funds obtained from local financing being repaid after the principal of the first mortgage loan has been retired, together with interest thereon. The source of funds is from rental payments under a lease executed by the CBA Company.
7. WHAT ARE THE RESUL TS OF EFFORTS TO OBTAIN OTHER FINANCING? o. Industrial or Commercial Projects (Section 6)
Name banks or other institutions, give dates, amount and terms of loans applied for. and results, including any alternative financing terms offered.
The only local commercial bank has refused to finance this project, and insurance companies will not lend a sufficient percentage of the appraised value to finance the project.
b. Loans and Grants for Public Facilities Give above in'formation where applicable and in addition provide information on attempts to float bond issues, including amount, interest rate, terms offered, and results of negotiations with underwriters or others.

8. HAVE FUNDS FOR ANY OTHER PROJECT SPONSORED BY THE APPLICANT BEEN OBTAINED FROM OR DENIED BY A

FEDERAL OR STATE AGENCY IN THE PAST YEAR?

DYes

lxJ No (Give name o/allency Bnd bt'lel statement of facta.

Including amount Bnd status of any existing toans)

9. FINANCIAL INFORMATION (Attach most current-available-applicable-data)

a. Loan for Industrial. Commercial Projects (Section 6)
Attach applicant's condensed financial statements or if applicant is not to be the user of the facilities, attach proposed user's condensed financial statement with an outline of the tentative agreement or proposal for lease or sale.

(1 ) Condensed financial statement of applicant
is attached as Exhibit "Pl.".
(2) Condensed financial statement of user is attached as Exhibit "B".

h, Loon for Public Facilities (Section 7)

,

(I) If general obligations bonds are to be issued:

(a) Do you now have sufficient authorized debt capacity to cover issue? .................. DYes

(b) Do you require further authorization for this specific project? ................................. DYes

r..=J (c) Has a bond issue fot this project been disapprove~ferendumor otherwise in the last three yeats?.

Yes

II "Yes" gIve dates and cIrcumstances_

DNo ONo ONo

-q,,"
(2) If revenue bonds are to be issued give est~"'venuesand relationship to debt scrvice.
f;;,~
c. Gront for Public Focilitles (Section 8) Demonstrate why this project cannot be fully financed by loans or bonds and meet the needs that the project is intended to fulfill.

10. BRIEF COMMENTS ON ECONOMIC FEASIBILITY AND TIMING OF PROJECT The CBA Company operates successful vegetable canning facilities in Sanburgh, Florida, and wishes to expand its volume of production. It will execute a 10-year lease for sufficient monthly rental to
amortize the $LOO, 000.00 cost of the project in monthly installments at a 50/0 interest rate. It is urgent that this project be completed as soon as possible to provide jobs for the large number of unemployed and underemployed workers in the county.

11. LEGAL DATA Does the applicant's le~al advisor believe that the applicant has sufficient legal authority to plan, construct, finance

and operate the project as described herein? [XJ Yes

ONo (If UNo", Indicate brlelty any problem)

12. ENGINEERING
a. Have you selected your architect/engineer? ........... [X] Yes b. Has a "feasibility or Consulting Engineer's" report been prepared?. [Xl Yes
c. Indicate status of site acquisition.

CJNo
[:::J No (/I y . . . . . . tt.eh copy tt ovolloblo)

Copy "feasibility report" is attached as Exhibit "C". The site, owned by the City of Anyville, is available now.

13. CERTIFICATION BY APPLICANT - Applicant hereby certifies that all information contained ahove and in exhihits attached hereto

are true to his best knowledge and belief and arc submitted for the purpose of obtaining financial assistance under the Atea Redevel..

opment Act. It is understood that the processing of this application will require the submission of additional data, statements, and

other information to ARA and other agencies of the Federal government to comply with administrative and statutory requirements, in'"

cluding documents to consummate any financial assistance approved by the Area Redevelopment Adminisuation. (Whoever makes any

statement knowing it to be false on an application for financial assistance is subject to a fine of SlO,OOO and/or imprisonment of

five years.)

~

~1'-'9"'6"'1 Date __-"O,-,c,-,t",o",b",e",r---"..lLI

~

Applicant --",A=n'-Jv-,a",l,-,l~CO-o",u=n,-,tCJ.y--",R-O.-"e-"d,-,eO-v,--e=lo=p""m=e,-,n,,-_t,,-_ Corporation

If applicant is a public body attach 8 certified cop 0

"C) resolution of the applicant's Goveming Body a

zin~

(1) submission of this Request for Project Cleara e and

(2) the undersillned to act as Authorized R~ live

. , oW", . , ~., ,. ,,,.

By /sl John Z. Doe
John Z. Doe Title President

Phone No.

_

14. CERTIFICATE OF APPROVAL The undersigned certify that they are an agency or instrumentality of the state or political subdivision in which the project proposed in the foregoing request is to be located and are directly concerned with the problems of economic development in said state or subdivision; that they have considered the qualification~ of the applicant in the foregoing request and do for the purpose of qualifying with the requirements of the Area Redevelopment Act approve said applicant; that they. have carefully considered the project proposed and in accordance with the provisions of the Area Redevelopment Act do hereby find that said project is consistent with the approved overall program for the economic developmeot of the area and that it is not prohibited by the laws of the state or local political subdivision in which it is to be located.

Anyall County Redevelopment Corporation
Local Public Agency

Georgia Department of Comrnprc'p
State Puhlic Agency

By lsi John Z. Doe
John Z. Doe

Tltle

President

By -Ls1 Tack T Minter
Jack J. Minter

Title

Director

Date

October 1, 1961

Date

October 3, 1961

-