The Cherokee County Board of Commissioners is throwing its weight behind expansion of a local business park.
Commissioners voted to loan the Cherokee County Office of Economic Development $1.5 million to buy almost 29 acres of land in the Cherokee 75 Corporate Park. County officials said they will be paid back when the COED group sells the land to a new tenant. Commission chair Buzz Ahrens said at minimum, county officials will put the purchase price back into a SPLOST account earmarked for further economic development, while any excess could be used in other ways.
Commissioners also approved a deal with Hype Inc. for advertising on Cherokee Area Transportation Authority (CATS) buses. The company will pay the county 23 percent of net revenue up to $16,642 annually.
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