City council approves Coastal Growers project agreement
The Atmore City Council made it official today, approving a project agreement and tax abatement with Coastal Growers LLC during a special-called meeting at city hall.
The meeting was held to make a final approval of a peanut shelling facility to be located in Atmore.
The city council approved the following at the meeting:
• a project agreement by and between the city of Atmore and Coastal Growers LLC (Project Nautilus);
• an option to purchase and right of first refusal agreement by and between the city of Atmore and Coastal Growers LLC;
• a tax abatement agreement with Coastal Growers LLC;
• an option to purchase agreement with Swift Lumber Ltd. for the rail spur route; and,
• a adopted a resolution (2020-20) declaring the expenditure of public funds, granting a tax abatement and sale and donation of land pursuant to the project agreement that serves a valid and sufficient public purpose, according to the meeting’s agenda.
The purpose of the project is to construct a state-of-the-art peanut shelling and processing facility as well as a rail spur line to service the facility and a future planned rail transfer yard to be owned and operated by the city of Atmore, according to a public notice that was published in the Sept. 30 edition of The Atmore Advance.
Coastal Growers is expected to make a total capital investment in the project of more than $82 million, to employ at least 100 new fulltime employees earning an average hourly wage of at least $17, benefits and to offer employment to residents of the city of Atmore, according to the notice.
When Hurricane Delta enters the Gulf of Mexico, it will gain intensity and impact portions of the northern gulf coast... read more