The Herald Bulletin

Evening Update

Local Business

April 10, 2014

Buyer interested in proposed annexation area

City Council to consider bringing 66 acres into Anderson

ANDERSON – A buyer looking to develop a portion of property located at the intersection of 67th Street and Columbus Avenue will be introduced to the Anderson City Council.

The City Council is scheduled to consider a voluntary annexation request from PAC Development LLC for 66-acres at 7 p.m. today. PAC has an offer from the potential buyer for some of the property.

Final approval of the voluntary annexation is expected at the May council meeting.

The property is southeast of Madison Park Church of God and includes a large farm field and forested area bordering a rail line to the east.

“My understanding is that they do have a buyer,” Greg Winkler, director of the Anderson Economic Development Department, said Wednesday. “The buyer will be at the city council meeting.”

Winkler said the voluntary annexation will bring property into the city and taxable income for Anderson.

Jerry Alexander, one of the investors in PAC Development, said the buyer is purchasing five acres and has an option on additional acreage.

“It is a local business that has been in business for a number of years,” he said. “It will be hiring 15 to 20 additional employees.”

Both Alexander and Winkler said there are no plans for the construction of a manufactured housing development on the property, which was a concern of area residents.

Nine property owners along Columbus Avenue are opposed to the idea.

Alexander said PAC Development consists of himself, Steve Clemons, Ainsley Jo Phillips, the estate of Lillian Phillips.

Alexander and Clemons each own 25.12 percent of PAC Development.

He said three of the four principals attended a board meeting and approved of the voluntary annexation and the offer to purchase a portion of the property.

Alexander said Ainsley Jo Phillips was invited to the meeting, but didn’t attend.

Kevin Eads, the attorney for the Lillian Phillips estate, said the estate supports the annexation and is aware of the offer to purchase a portion of the property.

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